CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Barclays PLC (NYSE: BCS), Cleveland-Cliffs, Inc. (NYSE: CLF), Alpha Natural Resources,...
* Company Achieves Second-Quarter Net Income of $270 Million and Diluted EPS of $2.57 on Sales of $1 Billion * First-Half 2008 Revenues Surge 72% to a Record $1.5 Billion; Net Income Reaches $287 Million, or $2.73 Per Diluted Share * Empire and Tilden Expansion, United Taconite Minority...
By Lee Bloomquist, Duluth News-Tribune, Minn. Knight Ridder/Tribune Business News May 29--Contract talks covering 2,200 hourly workers at four taconite mines are set to begin between the United Steelworkers of America and Cleveland-Cliffs, Inc. Negotiations for a new labor...
Business Editors CLEVELAND--BUSINESS WIRE--Jan. 9, 2001 A. Stanley West, a 41-year veteran of the iron ore and steel industries, has elected to retire as Senior Vice President-Sales and Commercial Planning for Cleveland-Cliffs Inc (NYSE:CLF). The retirement was effective Dec. 31, 2000. Mr. West joined Cleveland-Cliffs in...
Business Editors CLEVELAND--BUSINESS WIRE--March 28, 2000 Richard L. Shultz has been elected Vice President-Reduced Iron Sales and Business Development, Cleveland-Cliffs Inc (NYSE:CLF) announced today. Shultz, currently Director of Ironmaking Technology, will assume responsibility for the sales of the CircalTM hot briquetted iron product from the company's joint...
CLEVELAND--BUSINESS WIRE--Nov. 9, 1999-- Cleveland-Cliffs Inc (NYSE:CLF) today announced that its Board of Directors declared a quarterly dividend of $.375 per common share. The dividend is payable December 1, 1999 to shareholders of record as of the close of business on November 19, 1999. The rate is unchanged from...
CLEVELAND--BUSINESS WIRE--Sept. 1, 1999-- Cleveland-Cliffs Inc (NYSE:CLF) and the International United Steelworkers of America announced today that Steelworker-represented employees at Empire and Tilden Mines in Michigan and Hibbing Taconite Mine in Minnesota ratified new five-year labor agreements by a positive margin. Cleveland-Cliffs manages and holds a minority equity position...
CLEVELAND--BUSINESS WIRE--Aug. 1, 1999-- Cleveland-Cliffs Inc (NYSE:CLF) announced today that tentative contract settlements have been reached with the United Steelworkers Union, representing hourly employees at three iron ore mines in Minnesota and Michigan, managed by Cliffs subsidiaries. Contracts at Hibbing Taconite in northern Minnesota and Empire and Tilden...
CLEVELAND--BUSINESS WIRE--May 25, 1999-- Cleveland-Cliffs Inc today announced that James A. Trethewey has been named Senior Vice President-Operations Services. He will have corporate responsibility for the Company's safety, information technology, purchasing and environmental management functions. Mr. Trethewey, 54, who has 32 years of service in the mining industry,...
CLEVELAND--BUSINESS WIRE--May 11, 1999-- Cleveland-Cliffs Inc (NYSE:CLF) today announced that its Board of Directors declared a quarterly dividend of $.375 per common share. The dividend is payable June 1, 1999 to shareholders of record as of the close of business on May 20, 1999. The rate is unchanged from...
CLEVELAND--BUSINESS WIRE--Jan. 28, 1998--Cleveland-Cliffs Inc today reported that the Tilden Mine, managed and 40 percent owned by a subsidiary of Cliffs, experienced a crack in a riding ring on one of the mines two pelletizing kilns. It is expected that the kiln will be out of service for about...
Question-and-Answer Session[Operator Instructions] Your first question comes from the line of Jorge Beristain of Deutsche Bank. Jorge Beristain - Deutsche Bank Hey. Good Morning. Laurie M. Brlas - Executive Vice President and Chief Financial Officer Good Morning. Joseph A. Carrabba - Chairman, President and Chief Executive Officer Good Morning...
Hickey and Walters Bespoke submit: For traders with a more short-term time horizon, we have compiled a list of the S&P 1500 stocks trading above $25 per share that have the largest intraday high-low ranges (based on the average percent spread between the intraday high and low over...
Trader Mark submits: The saga continues - it appears clear that Cleveland Cliffs CLF management wants to acquire Alpha Natural Resources ANR for business purposes and it appears clear Harbinger does not want it to happen for their investment purposes. The crossroads between hedge funds and business continues to fascinate...
Greg Newton submits: Philip Falcone, principal of Harbinger Capital Partners, broke cover Monday night to tell Reuters that: investors would be mistaken if they thought selling by Harbinger was behind the double-digit percentage declines in stocks it holds, including [The New York] Times NYT, Media...
The M & A Researcher submits: [[CLF]] yesterday announced that it will postpone its shareholder meeting for this transaction from November 21 to December 19, 2008, stating the following: Cliffs said it rescheduled the meeting to allow shareholders adequate time to consider new information on the...
Question-and-Answer Session Operator Operator instructions Your first question comes from the line of David MacGregor from Longbow Research. Your line is open. David MacGregor – Longbow Research Yes, good morning, everyone. Joseph Carrabba Good morning, David. Laurie Brlas Hi, David. David MacGregor – Longbow Research Just on...
Earnings Call ExcerptCleveland Cliffs Inc. CLF Q4 FY07 Earnings Call February 22, 2008, 10:00 AM ET Executives Steve Baisden - Director, IR and Corporate Communications Laurie Brlas - Sr. VP and CFO Joseph A. Carrabba - Chairman, President and CEO Analysts David MacGregor - Longbow Research Michael Gambardella -...
Question-and-Answer Session[Operator Instructions]. Thank you. Our first question is coming from David MacGregor with Longbow Research. David MacGregor - LONGBOW Research Yes, good morning everyone. Joseph A. Carrabba - Chairman, President and Chief Executive Officer Good morning, David. Laurie Brlas - Executive Vice President and Chief Financial Officer Hi....
Hickey and Walters Bespoke submit: Since the current bear market began back on October 9th, 2007, the Russell 1,000 is down about 18%. Of the stocks in the index, 8.5% are down more than 50%, while 25% are actually up since then. Below we highlight the 25 best...
