New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 11, 2013
18:18 EDTCLFCliffs Natural reaffirms FY13 expectations for Eastern Canada business segment
For FY13, Cliffs is maintaining its full-year sales and production volume expectations of 9M-10M tons out of its Eastern Canada business segment. This is comprised of approximately 3M tons of both iron ore pellets and concentrate products from its Wabush operation with Bloom Lake Mine making up the remainder of the expected sales volume. FY13 cash cost per ton in Eastern Canadian Iron Ore is expected to be $95-$100, down from the company's previous expectation of $100-$105. For FY13, cash cost per ton at Wabush is expected to be $115-$120. The company is maintaining its FY13 Eastern Canadian Iron Ore revenue-per-ton expectation of $120-$125. This revenue-per-ton expectation is based on the 62% Fe iron ore fines price assumption of $150 per ton used in the company's Feb. 12 press release.
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.
October 20, 2014
09:22 EDTCLFOn The Fly: Pre-market Movers
Subscribe for More Information
06:15 EDTCLFCliffs Natural downgraded to Sell from Neutral at Citigroup
Citigroup downgraded Cliffs Natural to Sell saying the covenant breach and asset writedowns could force the company to cut or eliminate its dividend and stock buyback program. Citi also believes iron ore prices are unlikely to average well above $80/tonne over the next couple of years. The firm lowered its price target for Cliffs shares to $5 from $16.
October 17, 2014
16:01 EDTCLFOptions Update; October 17, 2014
iPath S&P 500 VIX Short-Term Futures down 1.75 to 38.58 Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX GILD CLF PBR according to Track Data.
09:17 EDTCLFOn The Fly: Pre-market Movers
Subscribe for More Information
08:48 EDTCLFBofA/Merrill global steel analysts hold analyst/industry conference call
Subscribe for More Information
06:09 EDTCLFCliffs Natural expects to record non-cash impairment of about $6B in Q3
Subscribe for More Information
October 15, 2014
08:59 EDTCLFCliffs Natural price target lowered to $4 from $8 at BofA/Merrill
Subscribe for More Information
October 14, 2014
17:56 EDTCLFCliffs Natural looks to sell Bloom Lake mine, Globe and Mail says
Subscribe for More Information
07:21 EDTCLFCliffs Natural in pact with Casablanca on certain standstill, voting obligations
Subscribe for More Information
October 13, 2014
10:08 EDTCLFOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Bankrate (RATE) downgraded to Equal Weight from Overweight at Stephens... CME Group (CME) downgraded to Market Perform from Outperform at Wells Fargo... Cliffs Natural (CLF) downgraded to Neutral from Overweight at JPMorgan... Dana Holding (DAN) downgraded to Sector Perform from Outperform at RBC Capital... Darden (DRI) downgraded to Neutral from Overweight at Piper Jaffray... Dover (DOV) downgraded to Neutral at RW Baird... DryShips (DRYS) downgraded to Underperform from Outperform at Imperial Capital... Infineon (IFNNY) downgraded to Neutral from Overweight at JPMorgan... J.C. Penney (JCP) downgraded to Sell from Neutral at UBS... Johnson Controls (JCI) downgraded to Outperform from Top Pick at RBC Capital... Juniper (JNPR) downgraded to Hold from Buy at Argus... Kennametal (KMT) downgraded to Market Perform from Outperform at Wells Fargo... Masco (MAS) downgraded to Equal Weight from Overweight at Barclays... New Gold (NGD) downgraded to Neutral from Overweight at JPMorgan... ON Semiconductor (ONNN) downgraded to Sector Perform from Outperform at Pacific Crest... PBF Energy (PBF) downgraded to Underweight from Equal Weight at Barclays... Parker-Hannifin (PH) downgraded to Market Perform from Outperform at Wells Fargo... STMicroelectronics (STM) downgraded to Neutral from Overweight at JPMorgan... Silicon Laboratories (SLAB) downgraded to Sector Perform at Pacific Crest... VOXX International (VOXX) downgraded to Market Perform from Outperform at Cowen.
09:39 EDTCLFActive equity options trading on open
Subscribe for More Information
06:49 EDTCLFCliffs Natural downgraded to Neutral from Overweight at JPMorgan
Subscribe for More Information
October 10, 2014
15:27 EDTCLFCliffs held preliminary talks on iron ore assets with Glencore, WSJ says
Glencore had talks that were described as "very preliminary" with Cliffs Natural Resources about its Australian iron ore assets, according to The Wall Street Journal, citing people familiar with the matter. Shares of Cliffs spiked higher following the first headlines from the report, but are now down about 1% in late afternoon trading. Reference Link
15:16 EDTCLFCliffs Natural held preliminary talks on iron ore assets with Glencore, DJ says
October 8, 2014
16:01 EDTCLFOptions Update; October 8, 2014
iPath S&P 500 VIX Short-Term Futures down 2.73 to 29.51. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX PBR AA CLF GILD according to Track Data.
14:53 EDTCLFCliffs Natural CEO says hasn't sold shares, no clock on non-core sales, WSJ says
Subscribe for More Information
09:38 EDTCLFActive equity options trading on open
Subscribe for More Information
06:01 EDTCLFCliffs Natural implied volatility of 99 at upper end of index mean range
Subscribe for More Information
October 7, 2014
15:16 EDTCLFCliffs Natural volatility increases as shares trend lower
Cliffs Natural October weekly call option implied volatility is at 115, October is at 89, November is at 88, December is at 89, January is at 79; compared to its 26-week average of 48 according to Track Data, suggesting larger price movement.

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