Brean Capital Downgrades Cliffs Natural Resources (CLF) to Sell
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Go back to Brean Capital Downgrades Cliffs Natural Resources (CLF) to Sell
October 29, 2014 11:27 AM EDT
Goldman Sachs earlier maintained a Neutral rating on Cliffs Natural Resources (NYSE: CLF) with a price target of $9.00. 2014-16 EPS estimates were raised to $0.04, ($1.50) and ($0.50) from ($1.13), ($1.80) and ($1.55). The change follows Q3 results and comments during its conference call.
"CLF outlined in its conference call aggressive cost cutting measures including more than a 15%... More
October 29, 2014 8:19 AM EDT
Macquarie upgraded Cliffs Natural Resources (NYSE: CLF) from Neutral to Outperform with a price target of $18.00.
For an analyst ratings summary and ratings history on Cliffs Natural Resources click here. For more ratings news on Cliffs Natural Resources click here.
Shares of Cliffs Natural Resources closed at $11.29 yesterday.
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October 28, 2014 11:02 AM EDT
(Updated - October 28, 2014 11:36 AM EDT)
Cliffs Natural Resources (NYSE: CLF) stock jumped before being paused for volatility Tuesday. The company's earnings call began at 10 AM, and investors keyed in on comments related to Bloom Lake and talk it will seek three partners... More
October 28, 2014 10:58 AM EDT
Cliffs Natural Resources (NYSE: CLF) Paused for Volatility
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October 27, 2014 4:32 PM EDT
Cliffs Natural Resources (NYSE: CLF) reported Q3 EPS of $0.21, $0.26 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.28 billion.
Lourenco Goncalves, Cliffs' Chairman, President and Chief Executive Officer, said, "The core of our business, United States Iron Ore, demonstrated remarkable strength in the third quarter as it... More
