Casablanca Capital LP (Casablanca) today issued the following statement condemning Cliffs Natural Resources Inc. (NYSE:CLF) for its decision to indefinitely postpone its annual meeting of shareholders previously scheduled for May 13, 2014: "The Board that owns virtually no shares and has presided over an 80% value destruction is in our view [...]
Casablanca Capital LP (Casablanca), one of the largest shareholders of Cliffs Natural Resources Inc. (Cliffs or the Company) (NYSE: CLF), with beneficial ownership of approximately 5.2%, today announced that it is backing Lourenco Goncalves, former CEO of Metals USA, to fill the currently open position of Chief Executive Officer of Cliffs [...]
Resserrement du capital d'expansion au Lac Bloom; Cliffs exécutera uniquement la Phase 1 des opérations La société interrompra les activités de la mine de Wabush d'ici la fin du premier trimestre de 2014 Les priorités relatives aux flux de trésorerie vont influer sur les décisions de [...]
Casablanca Capital LP, the beneficial owner of approximately 5.2% of Cliffs Natural Resources Inc. (NYSE:CLF) today filed a Schedule 13D with the U.S. Securities and Exchange Commission (SEC) disclosing its position as one of the companys largest shareholders and outlining recommendations to dramatically increase shareholder value. Casablanca [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CLEVELAND, Dec. 12, 2013 (GLOBE NEWSWIRE) -- Cliffs Natural Resources Inc. (NYSE:CLF) (Paris:CLF) announced today an agreement with the United Steelworkers Union for a new six-year labor contract that will cover approximately 229 represented workers at [...]
CLEVELAND - Nov. 20, 2013 - Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that its affiliate, Cliffs Chromite Ontario Inc., will suspend indefinitely its Chromite Project in Northern Ontario by the end of the fourth quarter of 2013. The Company determined that it will not allocate additional capital for the project given [...]
CLEVELAND, Oct. 29, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that Donald J. Gallagher, executive vice president & president, global commercial, will retire effective Dec. 31, 2013. (Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO ) "Don is an outstanding and accomplished leader who has [...]
- Gary B. Halverson to Join the Company and Elected as New Director - James Kirsch Named Executive Chairman of the Board CLEVELAND, Oct. 25, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc.(NYSE: CLF) (Paris: CLF) announced today that its Board of Directors has appointed Gary B. Halverson, 55, formerly interim chief operating officer of [...]
CLEVELAND, Oct. 24, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) informs its stockholders an amendment to its Quarterly Report on Form 10-Q/A for the second-quarter June 30, 2013, has been filed with the U.S. Securities and Exchange Commission ("SEC"). (Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO [...]
-- Company Reports Improved 2013 Third-Quarter Revenues of $1.5 Billion and Net Income Attributable to Cliffs' Common Shareholders of $104 Million, or $0.66 Per Diluted Share -- Third-Quarter Operating Income Increased by 194% to $224 million and Year-to-Date Cash Flow from Operations Increases 149% to $686 Million -- Full-year 2013 Capital [...]
CLEVELAND, Oct. 3, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today said it intends to announce unaudited 2013 third-quarter financial results after the U.S.-market close Thursday, Oct. 24, 2013. (Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO) The Company invites interested parties to listen to a live [...]
Stephen M. Johnson to Join Company's Board CLEVELAND, Sept. 30, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that its Board of Directors has elected Stephen M. Johnson, 62, chairman, president and chief executive officer of McDermott International, Inc. to Cliffs Board. The appointment is effective [...]