Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Cliffs Natural Resources Inc    CLF

Delayed Quote. Delayed  - 08/24 10:00:41 pm
5.71 USD   -8.93%
08/24 CLIFFS NATURAL : Steel Stocks Showing Notable Move To The Downside
08/19 CLIFFS NATURAL : Two natural gas power plants to replace Presque Is..
08/17 CLIFFS NATURAL : Calls for Full Redemption of Senior Notes due Janu..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Cliffs Natural Resources Inc : Notable Movers: MGM Resorts International, Cliffs Natural Resources, Netflix

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/14/2013 | 08:25pm CEST

NEW YORK, March 14, 2013 - vb-news.net, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on MGM Resorts International, Cliffs Natural Resources, Netflix.

Shares of MGM Resorts International(NYSE:MGM) went up by more than 7% on Thursday after Kirk Kerkorian, its biggest shareholder, requested permission to increase his stake in MGM to a maximum of 25%.

In a filing with SEC, Tracinda Corp. said that there has been no decision made on how many shares may be owned.

How Should Investors Trade MGM After The Solid Rally? Find Out Here http://vbtrendreport.com/aw/?code=MGM

Kerkorian’s Tracinda presently owns about 18.6% of total shares of MGM Resorts. MGM Resorts

runs 15 properties in Michigan, Mississippi and Nevada, including MGM Grand, Bellagio, Luxor, CitiCenter, Mandalay Bay and Aria properties located on the Las Vegas strip. It is also the majority owner of MGM China Holdings that owns the MGM Macau casino resort.

Macau happens to be the only place in China where gambling is considered to be legal.

MGM Resorts had reported last month that its loss for the fourth quarter has widened. The company’s adjusted loss and revenue both could meet the expectations of the Wall Street.

In other news, Cliffs Natural Resources Inc(NYSE:CLF), the mining and natural resources company, has declared its decision to idle its Wabush Pointe Noire pellet facility in Canada for the time being. The decision has been taken due to lower pellet premium pricing and high costs of production. Both the factors are expected to persist in a number of markets throughout 2013.

Is CLF a Buy After Today’s Slump? Get Free Trend Analysis Here http://vbtrendreport.com/aw/?code=CLF

Product mix at the Eastern Canadian Iron Ore sector of the company contains iron ore concentrate and pellet. Cliff is planning on temporarily shutdown its iron ore pellet facility at Pointe Noire and move to iron ore concentrate production.

The decision will affect about 165 families, who were engages in the operations of the factory. Cliffs is supposed to provide these workers with other employment opportunities.

Cliffs has predicted sales and production volume of 9-10 million tons for the year 2013 at its business segment of Eastern Canada. This entails about 3 million tons of iron ore concentrate as well as pellets from its Wabush operations.

Netflix, Inc.(NASDAQ:NFLX) and Fox Television Studios has declared today that the third season of The Killing will be exclusively available to all the streaming members after it is aired in the US and Canada.

Is NFLX Ready To Hit $300 This Year? Find Out Here http://vbtrendreport.com/aw/?code=NFLX

The deal will be bringing the Season 3 to members of Netflix three months after the season climax airs in AMC. This gives Netflix the exclusivity of being the subscription television service for the Season 3 of The Killing. Both the previous seasons of the TV Series are now available for Netflix users in Canada.

About vb-news.net
vb-news.net’s team is engaged in providing stock newsletters on various hot penny stocks on a regular basis. Our instant stock news on Major Gainers, small cap penny stocks and various other stocks, guides investors in making the wise stock market investments decision. In order to get update to the markets, we would advise you sign up to our free newsletters. You can become leader in stock market by keeping track of the daily activity.
Disclaimer
The assembled information disseminated by vb-news.net is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. vb-news.net does expect that investors will buy and sell securities based on information assembled and presented in vb-news.net. PLEASE always do your own due diligence, and consult your financial advisor.
Contacts:
vb-news.net
1419 Westwood Blvd Los Angeles, CA
90024-4911
staff@vb-news.net
www.vb-news.net


© Accesswire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CLIFFS NATURAL RESOURCES I
08/24 CLIFFS NATURAL RESOURCES : Steel Stocks Showing Notable Move To The Downside
08/19 CLIFFS NATURAL RESOURCES : Two natural gas power plants to replace Presque Isle ..
08/17 CLIFFS NATURAL RESOURCES : Calls for Full Redemption of Senior Notes due January..
08/16 CLIFFS NATURAL RESOURCES : WEC Energy Group and Cliffs Natural Resources Issue J..
08/15 CLIFFS NATURAL RESOURCES : Announces New Energy Agreement with WEC Energy Group ..
08/12 CLIFFS NATURAL RESOURCES : United Taconite employees back to work; new $65 milli..
08/11 CLIFFS NATURAL RESOURCES : Prices Public Offering of Common Shares
08/09 CLIFFS NATURAL RESOURCES : Announces Proposed Offering of Common Shares
08/04 CLIFFS NATURAL RESOURCES INC. : Reports Second-Quarter 2016 Results
07/29 DEADLINE UPCOMING IN $84 MILLION SET : CLF) Investor Lawsuit
More news
Sector news : Steel - NEC
08/22 ARCELORMITTAL SOUTH AFRICA : to pay record $110 mln to settle anti-trust charges
08/21DJFORTESCUE METALS : Net Profit Triples, Dividend Jumps
08/17 THYSSENKRUPP : Rio prosecutors investigate tax breaks for ThyssenKrupp plant
08/16DJSome Firms Intensify Push for Gender Parity at Board Level
08/16DJBHP Billiton Reports Worst-Ever Annual Loss
More sector news : Steel - NEC
News from SeekingAlpha
08/24 Best And Worst Performing Stocks Of 2016
08/23 Iron ore prices headed for sharp drop, Citigroup says
08/22 Betting The Farm With A Portion Of Your Portfolio - Part II
08/17 Cliffs Natural calls for redemption of senior notes
08/16 Iron ore seeing sliding back to $40 on seasonal weakness, rising supplies
Advertisement
Financials ($)
Sales 2016 2 038 M
EBIT 2016 264 M
Net income 2016 195 M
Debt 2016 2 209 M
Yield 2016 -
P/E ratio 2016 8,75
P/E ratio 2017
EV / Sales 2016 1,79x
EV / Sales 2017 1,87x
Capitalization 1 432 M
More Financials
Chart CLIFFS NATURAL RESOURCES I
Duration : Period :
Cliffs Natural Resources I Technical Analysis Chart | CLF | US18683K1016 | 4-Traders
Full-screen chart
Technical analysis trends CLIFFS NATURAL RE...
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 9
Average target price 6,50 $
Spread / Average Target 3,7%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
C. Lourenço Gonçalves Chairman, President & Chief Executive Officer
P. Kelly Tompkins Chief Financial Officer & Executive Vice President
Robert P. Fisher Independent Director
Joseph A. Rutkowski Independent Director
Gabriel Stoliar Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CLIFFS NATURAL RESOURC..261.39%1 432
VALE SA51.90%28 861
ARCELORMITTAL85.49%19 835
NIPPON STEEL & SUMITOM..-15.56%19 252
POSCO--.--%16 895
NUCOR CORPORATION21.41%15 927
More Results