New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 24, 2013
08:11 EDTCLFCliffs Natural to include non-cash impairment charges in Q4 results
Cliffs Natural announced that as a result of its goodwill impairment test conducted in the fourth quarter of 2012, the company has determined that approximately $1B of goodwill related to Cliffs' 2011 acquisition of Consolidated Thompson Iron Mines Limited is impaired. The goodwill impairment charge will be recorded as a non-cash expense for the year ended Dec. 31, 2012. The impairment is primarily driven by the project's anticipated lower long-term volumes and higher capital and operating costs. The previously announced delay of the Phase II expansion of the Bloom Lake mine also contributed to the impairment. Cliffs also indicated it expects to incur $100M-$150M of other charges related to its Eastern Canadian Iron Ore business segment.
News For CLF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 21, 2014
09:36 EDTCLFActive equity options trading
Active equity options trading according to Track Data: AAPL AMZN TSLA BIDU CLF DOW LVS BABA TWTR GILD
November 20, 2014
10:02 EDTCLFOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Zoetis (ZTS) downgraded to Market Perform from Outperform at William Blair... Target (TGT) downgraded to Hold from Buy at Evercore ISI... Alexandria Real Estate (ARE) downgraded to Neutral from Outperform at RW Baird... Allscripts (MDRX) downgraded to Sector Perform from Outperform at RBC Capital... athenahealth (ATHN) downgraded to Underperform from Sector Perform at RBC Capital... Boston Properties (BXP) downgraded to Neutral from Outperform at RW Baird... Cliffs Natural (CLF) downgraded to Hold from Buy at Deutsche Bank... Cubist (CBST) downgraded to Neutral from Outperform at Credit Suisse... Denbury Resources (DNR) downgraded to Equal Weight from Overweight at Barclays... E-House (EJ) downgraded to Perform from Outperform at Oppenheimer... Owens-Illinois (OI) downgraded to Market Perform from Outperform at BMO Capital... Quality Systems (QSII) downgraded to Sector Perform from Outperform at RBC Capital... Sapient (SAPE) downgraded to Hold from Buy at Stifel... Harsco (HSC) downgraded to Hold from Buy at Argus... Credit Acceptance (CACC) downgraded to Underperform from Market Perform at JMP Securities... Liberty Media (LMCA) downgraded to Hold from Buy at Telsey Advisory.
09:36 EDTCLFActive equity options trading
Subscribe for More Information
06:25 EDTCLFCliffs Natural downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Cliffs Natural to Hold citing the likely closure of the company's Bloom Lake operations. Deutsche lowered its price target for shares to $10.
06:23 EDTCLFStocks with implied volatility movement; CLF GDP
Stocks with implied volatility movement; Cliffs Natural (CLF) 110, Goodrich Petroleum (GDP) 144 according to iVolatility.
November 19, 2014
16:31 EDTCLFOn The Fly: Closing Wrap
Subscribe for More Information
12:46 EDTCLFOn The Fly: Midday Wrap
Subscribe for More Information
10:35 EDTCLFCliffs Natural's Bloom Lake closure costs a worst case, says Credit Suisse
Credit Suisse said Cliffs Natural's Bloom Lake closure cost guidance of $650M-$700M is a worst case scenario and significantly less negative scenarios are possible.
10:10 EDTCLFCliffs Natural only has nominal value at $85/mt iron ore, says CRT Capital
Subscribe for More Information
09:53 EDTCLFCliffs Natural price target lowered to $4 from $8 at Brean Capital
Subscribe for More Information
06:27 EDTCLFCliffs Natural to pursue exit options for Eastern Canadian iron ore operations
Subscribe for More Information
November 18, 2014
13:28 EDTCLFIron ore, steel stocks lower after iron ore prices, China home prices decline
Subscribe for More Information
November 11, 2014
09:59 EDTCLFCliffs Natural calls active
Subscribe for More Information
09:50 EDTCLFRumor: Cliffs Natural moves up on renewed takeover chatter
Subscribe for More Information
November 10, 2014
09:20 EDTCLFNucor unlikely to partner on Cliffs Natural asset, says Bernstein
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use