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Stock Market & Financial Investment News

News Breaks
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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August 21, 2015
10:02 EDTCLFOn The Fly: Analyst Initiation Summary
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08:22 EDTCLFCliffs Natural initiated with a Sell at Axiom
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August 16, 2015
17:54 EDTCLFUnited Steelworkers union prepares for week of strike action
The United Steelworkers union said it is preparing for a "busy week of events" at U.S. Steel (X), ArcelorMittal (MT), and Cliffs Natural (CLF), as the union's steelworkers prepare for various strike actions and rallies from August 19-21. USW notes that contract negotiations with the companies "continue to proceed slowly," though it reassured that the union committee "continues to meet both internally and with management as the process continues." Reference Link

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