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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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February 23, 2015
07:40 EDTCLFBMO Capital to hold a conference
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February 18, 2015
07:17 EDTCLFCliffs Natural finalizes energy agreement with We Energies in U.P. of Michigan
Cliffs Natural (CLF) has finalized an interim power agreement with Wisconsin Energy's (WEC) utility energy segment We Energies for its Michigan operations. The company stated that this is "one key step in a series of contemplated short and long-term agreements that are essential to the viability of its iron ore mines in the Upper Peninsula".

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