CLEVELAND, Oct. 6, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that, effective October 5, 2015, it has terminated its Pellet Sale and Purchase Agreement with Essar Algoma. Cliffs' decision was made as a result of Essar Algoma's multiple and material breaches under the agreement. While the agreement has been [...]
CLEVELAND, Oct. 1, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today said it intends to announce third-quarter 2015 financial results before the U.S.-market open on Thursday, October 29, 2015. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional [...]
CLEVELAND, Sept. 10, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that its Board of Directors declared a quarterly cash dividend on the Company's 7.00% Series A Mandatory Convertible Preferred Stock, Class A ("Series A preferred stock"), of $17.50 per share, which is equivalent to approximately $0.4375 per [...]
CLEVELAND, Sept. 8, 2015 /CNW/ -- Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company"), pursuant to the requirements of Canadian securities laws, announced that certain of its affiliated companies have entered into a sale and purchase agreement, dated as of September 7, 2015 (the "Decar Agreement"), in respect of the Decar property [...]
CLEVELAND, Aug. 28, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced the expiration of and final results for its offer to purchase for cash (the "Tender Offer") up to $123,694,000 (as previously increased, the "Maximum Amount") of its outstanding 3.95% Senior Notes due 2018 (the "Notes"). The Tender Offer expired at [...]
CLEVELAND, Aug. 14, 2015 /PRNewswire/-- Cliffs Natural Resources Inc. (NYSE: CLF) announced today the early results of its previously announced offer to purchase for cash (the "Tender Offer"), subject to certain terms and conditions, certain of its outstanding 3.95% Senior Notes due 2018 (the "Notes"). The Company also announced that it increased [...]
CLEVELAND, July 31, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today the commencement of an offer to purchase for cash (the "Tender Offer"), subject to certain terms and conditions, up to $100,000,000 aggregate principal amount (the "Maximum Amount") of its outstanding 3.95% Senior Notes due 2018 (the "Notes"). The [...]
CLEVELAND, July 29, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today reported second-quarter results for the period ended June 30, 2015. Second-quarter 2015 consolidated revenues of $498 million decreased 33 percent from the prior year's second quarter revenues of $748 million. Cost of goods sold decreased by 22 percent to $441 [...]
CLEVELAND, July 2, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today said it intends to announce second-quarter 2015 financial results before the U.S.-market open Wednesday, July 29, 2015. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors [...]
CLEVELAND, July 1, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that its Board of Directors declared a quarterly cash dividend on the Company's 7.00% Series A Mandatory Convertible Preferred Stock, Class A ("Series A preferred stock"), of $17.50 per share, which is equivalent to approximately $0.4375 per depositary [...]
- Reports Earnings of $0.94 per diluted share from Continuing Operations - Achieves Adjusted EBITDA1 of $94 million - Earns U.S. Iron Ore Realized Pricing of $93 per ton - Reports net debt4 of $2.5 billion at the end of the first quarter CLEVELAND, April 28, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today reported [...]
CLEVELAND, April 28, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) is pleased to announce that it has completed the sale of its Chromite assets in Northern Ontario, Canada to Noront Resources Ltd. The assets were sold under a revised purchased agreement for US$27.5 million in cash, which is an increase of U.S. $7.5 million over [...]
