Deutsche Bank Downgrades Cliffs Natural Resources (CLF) to Hold Post Q4 on Dilution
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
CRT Capital Downgrades Cliffs Natural Resources (CLF) to Fairly Valued
February 14, 2013 9:12 AM ESTCRT Capital downgraded Cliffs Natural Resources (NYSE: CLF) from Buy to Fairly Valued with a price target of $35.00 following results, stock offering and dividend cut.
For an analyst ratings summary and ratings history on Cliffs Natural Resources... More
Citi Downgrades Cliffs Natural Resources (CLF) to Neutral
February 13, 2013 7:44 AM ESTCiti downgraded Cliffs Natural Resources (NYSE: CLF) from Buy to Neutral following Q4 results and stock offering.
NOTE: Multiple downgrades.
For an analyst ratings summary and ratings history on Cliffs Natural Resources... More
Cliffs Natural (CLF) to Sell 9M Common, 20M Depositary Shares
February 12, 2013 4:34 PM ESTCliffs Natural Resources Inc. (NYSE: CLF) announced that it is offering to sell, subject to market and other conditions, 9,000,000 of its common shares, par value $0.125 per share ("Common Shares") (or up to 10,350,000 Common Shares if the underwriters of such offering exercise their option to purchase additional Common Shares) (the "Common Shares Offering"), and 20,000,000 of its depositary shares ("Depositary Shares"), each representing a 1/40th interest in a share of its new mandatory convertible preferred stock, Class A ("Mandatory Convertible Preferred Shares"), $1,000 liquidation preference per Mandatory Convertible Preferred Share (equivalent to $25 per Depositary Share) (or... More
Cliffs Natural Resources (CLF) Tops Q4 EPS by 4c
February 12, 2013 4:05 PM ESTCliffs Natural Resources (NYSE: CLF) reported Q4 EPS of $0.62, $0.04 better than the analyst estimate of $0.58. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.53 billion.
For earnings history and earnings-related data on Cliffs Natural Resources (CLF) click here.... More