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Stock Market & Financial Investment News

News Breaks
June 25, 2014
09:44 EDTCLFCliffs Natural to temporarily idle operations at Pinnacle mine
Cliffs Natural Resources disclosed earlier in a regulatory filing that on June 25 the company issued a Worker Adjustment and Retraining Notification Act notice to all employees of Pinnacle Mining Company, a wholly-owned subsidiary of the company, the United Mine Workers of America and state and local government agencies, that it intends to temporarily idle its operations at the Pinnacle mine as a result of current poor market conditions for metallurgical coal. The notice begins the 60-day notice period that must be given prior to temporarily idling operations under the WARN Act. If market conditions do not improve, it is expected that the idling of the Pinnacle mine could last more than six months beginning on or about August 25.
News For CLF From The Last 14 Days
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September 10, 2014
08:08 EDTCLFCliffs Natural amends credit facilty to allow for $200M share repurchase program
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September 7, 2014
12:59 EDTCLFIron ore giants keep up production amid falling prices, WSJ says
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September 4, 2014
11:35 EDTCLFStocks with call strike movement; CLF YHOO
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