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Stock Market & Financial Investment News

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March 10, 2014
08:18 EDTCLFCliffs Natural initiated with a Sell at Axiom Capital
Axiom Capital believes declining iron ore prices in 2014 will lead to Cliffs Natural using all of its debt covenants, cutting its dividend further and likely issuing a large dilutive equity deal. The firm started shares with a Sell rating and $10 price target.
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