Cliffs Natural's fight with Casablanca won't help stock rebound, Barron's says Cliffs Natural's recent clash with activist investor Casablanca Capital, which is urging the company to split its domestic and international businesses, will not rescue the ailing stock, according to Barron's. Cliffs is expensive at 44.5 times forward earnings, and profit expectations continue to shrink, Barron's added. Reference Link
Cliffs 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".