Slams Cliffs' Board for Track Record of Value Destruction Asks Shareholders to Support New Leadership, Vote GOLD Card Today NEW YORK, June 19, 2014 /PRNewswire/ -- Casablanca Capital LP, ("Casablanca") the beneficial owner of approximately 5.2% of Cliffs Natural Resources Inc. (NYSE: CLF), today issued a letter to stockholders in connection with [...]
Cliffs Natural Resources today announced that it has filed definitive proxy materials with the Securities and Exchange Commission in connection with its upcoming 2014 Annual Meeting of Shareholders to be held on July 29, 2014. Cliffs shareholders of record at the close of business on June 2, 2014, will be entitled to vote at the Annual Meeting [...]
Cliffs Natural Resources Inc. Files Definitive Proxy Materials in Connection with 2014 Annual Meeting of Shareholders
CLEVELAND - June 10, 2014 - Cliffs Natural Resources Inc. (NYSE: CLF) today filed its definitive proxy materials with the Securities and Exchange Commission ("SEC") in connection with [...]
Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of Ohio on behalf of investors who purchased Cliffs Natural Resources common stock from March 14, 2012 and March 26, 2013. The complaint alleges that during the Class Period Cliffs Natural made materially false and [...]
Committed to Driving Shareholder Value in Volatile Pricing Environment
Remains Ready to Engage with Casablanca to Reach Resolution in Best Interests of All Cliffs Shareholders
CLEVELAND - May 29, 2014 - Cliffs Natural Resources Inc. (NYSE: CLF) today issued the following statement in response to Casablanca Capital's press release earlier [...]
Casablanca Capital LP, (“Casablanca”) the beneficial owner of approximately 5.2% of Cliffs Natural Resources Inc. (NYSE: CLF), today issued a letter to stockholders underscoring the alignment of its interests with those of all shareholders, reiterating its commitment to driving the real change needed to restore value, and calling on the Cliffs [...]
Including Its Previous Capital Spending Decrease, Cliffs Expects Total Capital Expenditures to be Approximately 65% Lower Year Over Year
CLEVELAND - May 27, 2014 - Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it is further reducing its expected full-year 2014 capital spending range by approximately 25%, or $100 million, to [...]
The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of Ohio on behalf of purchasers of Cliffs Natural Resources common stock during the period between March 14, 2012 and March 26, 2013, inclusive (the [...]
CLEVELAND - May 13, 2014 - 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 June 3, 2014, to shareholders of record as of the close of business on May 23, 2014 [...]
Bernstein Litowitz Berger & Grossmann and Lowenstein Sandler today announced that they have filed a securities class action lawsuit on behalf of the Department of the Treasury of the State of New Jersey and its Division of Investment against Cliffs Natural Resources and certain of its senior executives. The action, which is captioned The Department [...]
CLEVELAND - April 25, 2014 - Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that its Board of Directors has scheduled its annual meeting of shareholders to be held on July 29, 2014. Shareholders of record as of the close of business on June 2, 2014 will be entitled to vote at the annual meeting.
* Company Reports 2014 First-Quarter Consolidated Revenues of $940 Million
* Year-over-Year Liquidity Improves by 32% to $1.9 Billion, Including $364 Million in Cash and Cash Equivalents Despite Lower Iron Ore and Metallurgical Coal Pricing
* Year-over-Year Capital Spending in the Quarter Decreases 55% to $103 Million
