CLEVELAND, Sept. 16, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that it has appointed Michael D. Siegal to its Board of Directors, effective immediately. Mr. Siegal is Chairman & CEO of Olympic Steel, a company focused on the value-added processing of flat-rolled metals. Mr. Siegal joined Olympic Steel in 1974 [...]
CLEVELAND, Sept. 10, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has successfully negotiated an amendment with the banking group party to its revolving credit facility to allow for the Company to proceed at its discretion with the previously announced share buyback program. Lourenco Goncalves, Cliffs [...]
CLEVELAND, Sept. 9, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that it has appointed John T. Baldwin to its Board of Directors, effective immediately. Lourenco Goncalves, Chairman, President and Chief Executive Officer of Cliffs stated, "John is a highly experienced and respected executive who represents an [...]
CLEVELAND, Sept. 8, 2014 /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 - Aug. 25, 2014 - The Board of Directors of Cliffs Natural Resources Inc. (NYSE: CLF) today authorized the Company to buy back its outstanding common shares in the open market or in private [...]
Cliffs Natural Resources Inc. Provides Update on Change in Control Payouts And Announces Resignation of Director Timothy Sullivan
CLEVELAND - Aug. 15, 2014 - Cliffs Natural Resources Inc. (NYSE: CLF) today announced that as a result of the Company's incentive equity plan for officers and key employees [...]
CLEVELAND - Aug. 7, 2014 - Cliffs Natural Resources Inc. (NYSE: CLF) today announced that the Company's Board of Directors has appointed Lourenco Goncalves to the positions of Chairman [...]
Cliffs Natural Resources Inc. (NYSE:CLF) today announced that, based upon the preliminary report of the Inspector of Elections, IVS Associates, Inc., five Cliffs directors have been re-elected to the Board Mark E. Gaumond, Gary B. Halverson, Janice K. Henry, Richard K. Riederer and Timothy W. Sullivan. The preliminary report also indicates that [...]
Casablanca Capital LP, (“Casablanca”) the beneficial owner of approximately 5.2% of Cliffs Natural Resources (NYSE:CLF) (“Cliffs”) shares, today issued the following statement regarding Cliffs’ acknowledgement that shareholders have elected all six of Casablanca’s nominees to the Company’s 11-member Board of Directors: “We are pleased that Cliffs [...]
Cliffs Natural Resources Inc. (NYSE:CLF) today made the following statement following the Companys Annual General Meeting: We look forward to receiving the final results of todays vote, and the Board and management team remain deeply committed to continuing to create long-term value for all of our shareholders. We appreciate the support of the [...]
Casablanca Capital LP, (“Casablanca”) the beneficial owner of approximately 5.2% of Cliffs Natural Resources (“Cliffs”) shares, announced today that all six of Casablanca’s nominees have been elected to the Cliffs Board of Directors according to preliminary estimates by its proxy solicitor of the voting results at today’s Annual Meeting of [...]
CLEVELAND, July 28, 2014 (GLOBE NEWSWIRE) -- Cliffs Natural Resources Inc. (NYSE:CLF) today announced that its Board of Directors declared a quarterly cash dividend on the Company's common shares of $0.15 per share. The cash dividend will be payable on Sept. 2, 2014, to shareholders of record as of the close of business on Aug. 15, 2014. About [...]