|6/12/13||Alerting To A Profit Setup: Coal Stocks Signal Bounce (The Market Financial)|
There is money to be made and I intend to make some. Being long the coal stocks for next week is where the money appears to be lurking in an otherwise poor market. This is due to the strength we are seeing today in stocks like Cliffs Natural Resources Inc (NYSE:CLF), Peabody Energy Corporation (NYSE:BTU), [...]
|12/31/12||3 Dividend Payers on Fire Sale (EPIC INVESTOR)|
Here are three stock ideas for value and dividend investors. All three are cheap by most measures. Cliffs Natural Resources (CLF) Cliffs is an iron ore miner. Iron ore price is low due to low demand, especially from China, which for years has been the top buyer of iron ore. Cliffs is currently yielding north of 6%. They more than doubled their dividends back in April 2012. CLF is trading at close to book value of estimated available resources and a P/E of just 6. Risks and...
|12/18/12||(CLF) Cliffs Natural Resources – Bear of the Day (Stock Blog Hub)|
We are downgrading our rating on Cliffs Natural Resources (CLF) to Underperform following its lackluster third-quarter 2012 results. Earnings fell well short of the Zacks Consensus Estimate while profit slid roughly 86% on account of lower iron ore pricing and higher costs. Revenues declined at a double-digit clip and missed the Zacks Consensus Estimate. The company [...]
|10/23/12||(CLF) Cliffs Natural Resources Enters 3-year Deal with USW (Stock Blog Hub)|
Cliffs Natural Resources Inc. (CLF) entered into a three-year tentative labor contract with the United Steel Workers (USW) union that will cover approximately 2,400 USW-represented workers at Cliffs' Empire and Tilden mines in Michigan and its United Taconite and Hibbing Taconite mines in Minnesota. The contract is pending for ratification by the USW local union [...]
|5/29/12||Base Metal Stocks Rally On Chinese Stimulus (The Market Financial)|
The base metal stocks are rallying higher on the expectation of a Chinese Stimulus plan. Many of the base metal stocks including BHP Billiton Limited (ADR) (NYSE:BHP), Rio Tinto plc. (ADR) (NYSE:RIO), Cliffs Natural Resources Inc. (NYSE:CLF), and Southern Copper Corp (NYSE:SCCO) could see a potential rally over the next few days. BHP is trading higher [...]
|6/13/11||Analyst Actions: NOK, MGM, RIG, CLF, LNKD, RENN (Stock Wizard)|
Nokia (NYSE: NOK): Wunderlich Securities on Monday downgraded its rating on the company to Hold from Buy. MGM Resorts International (NYSE: MGM): Bernstein Upgraded its rating on the stock to Outperform from Market Perform citing increased projections for Macau growth. Transocean Ltd. (NYSE: RIG): Argus this morning upgraded Transocean to Buy from Hold citing valuation. Price target is $85. Cliffs Natural Resources (NYSE: CLF): UBS initiated coverage on the company with a Buy...
|6/10/11||(CLF) Cliffs Natural Resources Sells Unit (Stock Blog Hub)|
Freewest Resources Canada Inc., a wholly owned subsidiary of Cliffs Natural Resources Inc. (CLF) entered into an agreement to sell its two mineral properties to Viking Gold Exploration Inc. (TSXV:VGC), subject to the approval of the TSX Venture Exchange and certain other closing conditions. As per the agreement, Viking Gold would purchase 70% interest in a [...]
|6/7/11||Stocks In Focus: IP, CLF, JNPR, WY, CA (Stock Wizard)|
Shares of International Paper Co. (NYSE: IP) rallied more than 3% in Tuesday's pre-market trading after smaller rival Temple-Inland Inc. (NYSE: TIN) rejected its proposal to acquire the Company for $30.60 per Temple-Inland share in cash. Temple-Inland said that its Board of Directors, after careful consideration with its independent financial and legal advisors, voted unanimously to reject International Paper's proposal after the Board determined unanimously that the proposal grossly...
|5/10/11||(CLF) Cliffs Natural Resources Restarts Mining at Oak Grove (Stock Blog Hub)|
Cliffs Natural Resources Inc. (CLF) announced that it has resumed underground mining at its Oak Grove coal mine in Alabama but was not able to ship coal from the site because of damage to the above-ground facilities. On April 27, 2011, severe weather and a tornado had snapped power and damaged the mine’s preparation plants, resulting [...]
|5/3/11||(CLF) Cliffs Natural Resources Reports Excellent First Quarter (Stock Blog Hub)|
Amidst seasonally slow quarter, Cliffs Natural Resources Inc. (CLF) posted record revenues and earnings in the first quarter of 2011. Net earnings of $423 million or $3.11 per share in the first quarter were 449%, above last year’s $77 million or 57 cents. Earnings surpassed the Zacks Consensus Estimate of $2.25 per share. Quarterly revenues came [...]
|4/28/11||Cliffs Natural Resources (NYSE: CLF): Q1 Earnings Preview 2011 (Stock Wizard)|
Cliffs Natural Resources (NYSE: CLF), the largest iron ore producer in North America, is scheduled to release its first-quarter earnings after the closing bell on Thursday, April 28, 2011. Analysts, on average, expect the company to report earnings of $2.25 per share on revenue of $1.40 billion. In the year ago period, the company reported earnings of 55 cents per share on revenue of $727.70 million. Cliffs Natural Resources Inc., a mining and natural resources company, produces iron...
|4/13/11||(CLF) Cliffs Natural Resources Settles Dispute with ArcelorMittal (Stock Blog Hub)|
North America’s largest iron-ore producer,Cliffs Natural Resources Inc. (CLF), reached an agreement with steel giant ArcelorMittal (MT) to settle disputes over price reopener entitlements for 2009 and 2010 and pellet. Cliffs will get a payment of around $250 million to $270 million after reaching an agreement with ArcelorMittal. In addition, as part of the settlement, Cliffs [...]
|4/11/11||Stocks In Focus: BIIB, CLF, AMMD, GLBC, TSTY (Stock Wizard)|
Shares of Biogen Idec Inc (NASDAQ: BIIB) jumped as much as 4% in Monday's pre-market trading after the biotechnology company announced that its experimental multiple sclerosis drug met the main goal in the first of two important late-stage studies. The drug, BG-12, also met the secondary goals of the study. After Friday's closing bell, Cliffs Natural Resources Inc. (NYSE: CLF) announced that it has reached a negotiated settlement with ArcelorMittal USA Inc., and related parties, with...
|2/17/11||Cliffs Natural Resources (CLF) Spikes in Premarket on Earnings Beat (Fund my Mutual Fund)|
I still call this company Cleveland Cliffs, but whatever the name investors still seem 'surprised' by earnings despite a rally in every commodity (save natural gas) on Earth by the results reported last evening. The stock is up 11% in premarket. Via Reuters: Cliffs Natural Resources Inc reported a better-than-expected surge in quarterly profit as demand and prices for its iron ore and steel-making coal soared, and its shares rose nearly 10 percent. Chief Executive Joseph Carrabba...
|2/16/11||Cliffs Natural Q4 Profit More Than Doubles; Shares Up On Robust Outlook (Penny Stock DD)|
Mining company Cliffs Natural Resources Inc. (CLF: News ), said Wednesday its profit for the fourth quarter more than doubled from last year, as improved volumes, favorable prices, more exposure to seaborne markets, and greater demand for steel raw materials resulted in a 74 percent jump in revenues. Results also reflect a [...]
|2/13/11||Cliffs Natural Resources (NYSE: CLF): Q4 Earnings Preview 2010 (Stock Wizard)|
Cliffs Natural Resources (NYSE: CLF) the largest iron ore producer in North America, is scheduled to release its fourth-quarter earnings after the closing bell on Wednesday, February 16, 2011. Analysts, on average, expect the company to report earnings of $2.16 per share on revenue of $1.43 billion. In the year ago period, the company reported earnings of 75 cents per share on revenue of $820.50 million. Cliffs Natural Resources Inc., a mining and natural resources company, produces...
|11/1/10||Dahlman Rose Lowers Price Target on Cliffs Natural Resources (CLF) (Benzinga)|
Dahlman Rose & Company is out with a research report this morning, where it reiterates its Buy rating on Cliffs Natural Resources (NYSE: CLF); it lowered its price target on the stock to $80.00, from $85.00. The DR analysts said that the company's recently announced quarterly earnings results were below their expectations due to lower iron ore prices in the company's North American Iron Ore operations. They added that, while iron ore prices during were significantly lower than expected in...
|11/1/10||J.P. Morgan Remains Cautious On North American Coal, Reiterates Cliffs Natural Resources Rating (Benzinga)|
J.P. Morgan is lowering its EPS estimates and price target for Cliffs Natural Resources Inc. (NYSE: CLF), primarily after reducing our expected 2011 average iron ore price realizations in both the North American and Asia-Pacific segments. “In our view, the company's preliminary 2011 iron ore shipment guidance appears attainable with Chinese imports and customer-friendly contracts in North America underpinning demand,” J.P. Morgan writes. “We remain cautious on North American Coal in...
|10/28/10||Cliffs Natural Resources (CLF) Plunges After Q3 Earnings Miss (Benzinga)|
Cliffs Natural Resources Inc (NYSE: CLF) reported earnings on Thursday after the bell, and the results failed to meet expectations. Cliffs (CLF) posted EPS of $2.18 versus the estimate of $2.59. The street expected consolidated net sales of $1.45 billion, but CLF posted only $1.3 billion. These numbers were an improvement from the results that Cliffs (CLF) reported in the same period last year. In Q3 2009 CLF's consolidated revenue was $666.4 million and its EPS was $0.45. The company...
|10/27/10||Dahlman Rose Reiterates Buy Rating On Cliffs Natural (CLF) (Benzinga)|
Analysts at Dahlman Rose are reiterating their Buy rating on shares of Cliffs Natural Resources (NYSE: CLF) prior to the company's earnings report tomorrow after the closing bell. Despite being bullish on the stock, the analysts said that "we are slightly adjusting our number to take into consideration weakness in the broader steel sector, but we believe the resolution of an annual contract with steel producers bodes well for the future." The firm reiterated its Buy rating on CLF with...
|10/5/10||Options and Volatility Edge Returns 93.43% in Two Days (CLF) (Benzinga)|
Benzinga's Option and Volatility Edge has had another big success. This time, the Option and Volatility Edge suggested investing in Cliffs Natural (NYSE: CLF). Since that recommendation, the options package has had a return of 65.25% total, with an astounding 93.43% gain in the first half. Benzinga's Option and Volatility Edge recommends exiting out of Cliffs Natural now. While there may be potential for additional gains in this highly volatile equity, the risk at this stage seems less than...
|10/4/10||Citigroup Reiterates Buy On Cliffs Natural Resources (Benzinga)|
After spending a few days with Cliffs Natural Resources (NYSE: CLF) executives, Citi analysts reiterate its Buy recommendation. CLF trades at a low 8.2x 2010E EPS which reflects little earnings contribution from troubled net assets and suggests investors give little credit for a possible 2011 turnaround. Management was confidant CLF would lift PinnOak run-rate production by 2 mln tons in 4Q11 and bring cash costs down to $80/ton by investing in a new longwall, upgraded prep plant, and...
|9/28/10||Bookkeeping: Closing Cleveland Cliffs (CLF) (Fund my Mutual Fund)|
I thought the 'student body' would buy all commodities en masse, and most are running together. However natural gas, oil, and iron ore (and coal to some degree) have been the laggards. Meanwhile, copper & soft commodities (agricultural especially) have been rockstars. Therefore, my position in iron ore/met coal producer Cleveland Cliffs (CLF) has been the wrong choice. Instead I should have been in Freeport McMoran Copper & Gold (FCX) for example. Here are the "ags" Since...
|9/22/10||Dahlman Rose Loves Cliffs Natural (Benzinga)|
Dahlman Rose & Co. really likes Cliffs Natural Resources Inc (NYSE: CLF), as it initiates coverage on the company with a Buy rating and an $85 price target on the mining company. In the research note, Dahlman writes, "We anticipate that strong demand for raw materials from emerging economies will boost the price of iron ore and metallurgical coal globally over the intermediate term. We believe that Cliffs Natural Resources (CLF) is well positioned to benefit from this trend." Dahlman goes...
|9/14/10||Bookkeeping: Adding Back to Cleveland Cliffs (CLF) (Fund my Mutual Fund)|
The market is a freight train right now - all news is good news, and days there is no news the market also goes up. It seems very likely that we are going to levitate to S&P 1130 no matter what at this point because the computers have deemed it so. It is nearly impossible to buy anything since it is so extended... hence the rare pullback of even 5% in a stock is considered a gift. I am going to get back the Cleveland Cliffs (CLF) I sold last week (at $67) here on a pullback to the 20...
|7/2/10||The Perfect Stock To Short Right Now (The Contrary Investing Report)|
CLF - Cliff's Natural Resources Why you ask? Because it's THIS GUY'S favorite pick! James Altucher also believes the S&P is heading towards 1500 because "stocks are cheap". he says the S&P historically trades at 15 times earnings...which is perhaps correct...if you're talking about bull market tops! So should us contrarians run out and short the S&P? Well, [...]
|5/26/10||CLF Bull Call Spread ()|
Cleveland Cliffs (CLF) is a high beta resource and materials stock that looks to have bottomed for the short term as it saw a close back above the high of the recent low bar. I think CLf can see the 60 level if this market rallies higher which is roughly a 50% retracement of the recent correction that took CLF from 75 to 45. This is a wild one so be aware of that but if you want some beta for the near term this one works. If the risk trade is back on for the short term--as I think it...
|5/25/10||(CLF) Cliffs Natural Resources Eyes Aquisition of Canadian Entity (Stock Blog Hub)|
International mining and natural resources company Cliffs Natural Resources Inc. (CLF) has proposed to acquire either of two junior mineral exploration Canadian companies, KWG Resources Inc. and Spider Resources Inc. The takeover bids have substantially similar financial terms. Cliffs intends to offer a price of 12 cents (13 Canadian cents) in cash per share to both [...]
|5/5/10||Steel Companies Approaching Key Intermediate Support (Gold Stocks Today)|
Our mid-day minute chart today looks at some select names in the steel sector: United States Steel (X), AK Steel (AKS), Cliffs Natural Resources (CLF) and Nucor (NUE). While there are not-so-subtle fundamental differences between the various steel companies, from an intermediate-term technical perspective every one of them appears to have ended a multi-month recovery rally and is approaching a test of important support, the success or failure of which could have serious implications for the...
|4/8/10||(CLF) Cliffs Natural Resources – Bull of the Day (Stock Blog Hub)|
Cliffs Natural Resources Inc. (CLF) is the largest producer of iron ore pellets in the U.S. Cliffs' increasing international iron ore exposure, recovery in its coal business and longer-term diversification into the chromium business are huge positives for the stock. The company focuses on growing its international exposure in the face of a consistent decline in [...]
|3/29/10||(CLF) Cliffs Natural Resources – Bull of the Day (Stock Blog Hub)|
Cliffs Natural Resources Inc. (CLF) is the largest producer of iron ore pellets in the U.S. Cliffs increasing its international iron ore exposure, recovery in its coal business and longer-term diversification into the chromium business are huge positives for the stock. The company focuses on growing its international exposure in the face of a consistent decline [...]
|3/27/10||Stock Market Analysis Video: Choppy Action (The Iconoclast Investor)|
Now on to Cabot's weekly Stock Market Analysis Video with Cabot Market Letter and Cabot Top Ten Report Editor Michael Cintolo, where he discusses the stock market's choppy and sloppy action. Mike doesn't necessarily think there's going to be a huge pullback, but there may be some choppy consolidation. Some leading stocks may pull back, and [...]
|3/20/10||Stock Market Analysis Video: Possible Pullback Ahead (The Iconoclast Investor)|
Here is Cabot's weekly Stock Market Analysis Video with Cabot Market Letter and Cabot Top Ten Report Editor Michael Cintolo, where he discusses some distribution that could lead to a short-term pullback of 2% to 3% in the stock market and leading stocks. Mike urges you to buy the strongest of the strong stocks on [...]
|3/19/10||(CLF) Cliffs Natural Resources – Earnings Report Doubles Expectations (Stock Blog Hub)|
Cliffs Natural Resources Inc. (CLF) recently hit a new 52-week high on better than expected Q4 results from mid February and rising estimates that project next-year earnings growth of 32%. Company Description Cliffs Natural Resources, Inc. is a mining and natural resources company that produces iron ore pellets, lump and fine iron ore and metallurgical coal. The [...]
|1/5/10||(CLF) Cliffs Natural Resources – 2010 Growth Forecasted to be 329% (Stock Blog Hub)|
Cliffs Natural Resources Inc. (CLF) shares continue to set new highs as analysts and management raise estimates. Company Description Cliffs Natural Resources mines iron and metallurgical coal in the U.S., South America, and Australia. The company focuses on supplying growing markets. Improving Outlook When Cliffs reported third-quarter results on Oct 29 it included comments on improving business conditions and [...]
|11/1/09||(CLF) Weak Third Quarter for Cliffs Natural Resources (Stock Blog Hub)|
Cliffs Natural Resources (CLF), the largest producer of iron ore pellets in the U.S., recorded third-quarter 2009 profits of 45 cents, significantly lower than last year’s earnings of $1.61 per share, on weak iron volumes and prices. However, reported earnings were in contrast to the Zacks Consensus Estimate of a loss of 6 cents. Consistent [...]
|10/16/09||(CLF) Cliffs Natural Resources to Acquire Wabush Mines Stake (Stock Blog Hub)|
International mining and natural resources company, Cliffs Natural Resources Inc. (CLF) announced on Oct 12 its decision to exercise its right of first refusal to acquire U.S. Steel Canada’s 44.6% interest and ArcelorMittal Dofasco’s 28.6% interest in the Wabush Mines joint venture in Canada. Wabush Mines includes the Scully Iron Ore Mine near Wabush, Newfoundland, [...]
|9/14/09||(CLF) Cliffs Natural Resources Ups Sales and Production View (Stock Blog Hub)|
International mining and natural resources company Cliffs Natural Resources Inc. (CLF) is expecting increased production and sales volume in its North American Business Unit, which includes its North American Iron Ore and North American Coal business segments. Cliffs expects the North American Iron Ore business segment to recognize sales volume of about 16 million tons in [...]
|9/3/09||(CLF) Cliffs Natural Resources to Raise Production (Stock Blog Hub)|
Cliffs Natural Resources Inc. (CLF) stated that its subsidiary United Taconite in Minnesota plans to ramp up production of iron ore pellet for the rest of 2009 with a moderate increase in steel demand in the last couple of months. In its recent release, Cliffs announced plans to produce 15 million tons of iron ore in [...]
|4/15/09||Philip Falcone's Harbinger Capital Partners Sells More Cliffs Natural Resources (CLF) - Amended 1... (market folly)|
Harbinger Capital Partners has filed numerous amended 13D's on Cliffs Natural Resources (CLF) over the past few months, as we've noted they are selling down some of their position to bring the percentage allocation in line with their portfolio's goals. We're here to update the most recent filing which details activity on April 9th, 2009. The hedge fund ran by Philip Falcone has now disclosed a 7.29% ownership stake in CLF with 8,273,276 shares owned on aggregate by all their reporting...
|1/11/09||Harbinger Capital Partners (Philip Falcone) Sells Some Cliffs Natural Resources (CLF) (market folly)|
In a Form 4 filed with the SEC on Friday night (1/9), Harbinger Capital Partners disclosed that they sold shares of Cliffs Natural Resources (CLF) on January 7th and January 8th, 2009. In total, Harbinger sold 1,867,121 shares through 10 different sets of orders. After all was said and done, Harbinger now owns 7,254,789 shares, down from their previous 9,121,910. In addition to the SEC Form 4 filing, this press release was issued: "NEW YORK--(BUSINESS WIRE)--As part of ongoing portfolio...
|11/18/08||Cleveland Cliffs (CLF), Alpha Natural Resources (ANR) Call Off Merger (Fund my Mutual Fund)|
Wow, you know you are disconnected from following individual stock news when an event like this passes beneath your radar. Alpha was one of our largest holdings and biggest money makers in the short time we held it in 2008. Cleveland Cliffs went so far as to change its name to Cleveland Natural Resources in anticipation of this deal. (I guess they get to keep that new letterhead now!) It's been such a waste of time to focus on individual fundamentals the past 3 months that the news flow...
|8/17/08||Harbinger to raise stake in Cleveland-Cliffs (Hedge Fund Blogs From HedgeCo.Net)|
Reuters - Hedge fund Harbinger Capital Partners said on Thursday it is seeking approval from Cleveland Cliff's shareholders to boost its ownership stake to as much as a third of the iron-ore company. Harbinger -- already Cleveland-Cliffs' largest shareholder -- opposes Cleveland Cliffs' proposed takeover of Alpha Natural Resources, [...]
|7/17/08||Cleveland-Cliffs Taps Into Emerging Market Steel Demand with $10 Billion Buyout of Alpha Natural ... (Contrarian Profits)|
Cleveland-Cliffs Inc. (CLF), a top producer of iron ore pellets and supplier of metallurgical coal in North America, will buy Alpha Natural Resources Inc. (ANR) in an effort to bolster its coal reserves and exploit the soaring demand for steel among emerging markets worldwide. Cleveland-Cliffs is paying $10 billion for Alpha Natural Resources, a [...]