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Stock Market & Financial Investment News

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February 13, 2013
10:24 EDTCLFCliffs Natural gaps down after dividend cut, share offering, levels to watch
The shares are down over 18.8% at time of writing following a major dividend cut to 15 cents per share versus the prior 62 cents per share. The company also filed to sell 9 million shares of common stock. Deutsche Bank, Citigroup, and Macquarie all downgraded the name on these actions. At the current price of $29.83, next support is at $29.16. Resistance is at $30.65.
News For CLF From The Last 14 Days
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April 10, 2014
08:22 EDTCLFCliffs Natural mentioned cautiously by Seeking Alpha contributor
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April 9, 2014
07:48 EDTCLFBofA/Merrill's steel analysts hold an analyst/industry conference call
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