Cleveland-Cliffs Inc. (CLF)
Cleveland-Cliffs (CLF) Stock Sinks As Market Gains: Here's Why
The latest trading day saw Cleveland-Cliffs (CLF) settling at $15.93, representing a -1.73% change from its previous close.
Cleveland-Cliffs (CLF) to Buy Stelco Holdings in a $2.5B Deal
Cleveland-Cliffs (CLF) agrees to acquire Stelco Holdings Inc. The buyout will expand its integrated steel production capabilities in North America.
CLF Stock Alert: Cleveland-Cliffs Announces Purchase of Stelco
Cleveland-Cliffs (NYSE: CLF ) stock is on the move Monday after the flat-rolled steel producer announced its acquisition of Stelco (OTCMKTS: STZHF ) for C$3.4 billion. This will have Cleveland-Cliffs paying C$70 per share for the Canadian steel company.
Earnings Preview: Cleveland-Cliffs (CLF) Q2 Earnings Expected to Decline
Cleveland-Cliffs (CLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cleveland-Cliffs Stock Set to Open Lower After Acquisition
Cleveland-Cliffs Inc (NYSE:CLF) is acquiring Canadian steel company Stelco Holdings in a $2.5 billion deal, adding 1,800 United Steelworkers (USW) union employees to its workforce.
Cleveland-Cliffs (CLF) Down 23% in 3 Months: Time to Buy the Dip?
While Cleveland-Cliffs (CLF) benefits from its vertically integrated footprint, competitive strength and cost-saving actions, a significant pullback in steel prices and declining earnings estimates cast a pall on its prospects.
Cleveland-Cliffs Stock Is Dropping on a Steel Acquisition
Steel maker Cleveland-Cliffs announced a deal to buy Canadian steel maker Stelco Holdings for $2.5 billion.
How Will A Cooling U.S. Economy Impact Cleveland-Cliffs Q2 Earnings?
Cleveland-Cliffs, a vertically integrated steel mill operator, is poised to report its Q2 2024 results around July 23. We expect revenue to come in at $5.4 billion, marking a decline of about 12% compared to the last year, and slightly ahead of estimates.
Cleveland-Cliffs (CLF) Rises Higher Than Market: Key Facts
In the latest trading session, Cleveland-Cliffs (CLF) closed at $15.40, marking a +1.45% move from the previous day.
Cleveland-Cliffs Q2 2024 Earnings: Short-Term Tailwinds, But Not A Buy Yet
Cleveland-Cliffs is scheduled to report its second quarter earnings later this month and investors' focus is shifting away from capital allocation. Profitability and costs will be in the spotlight, as gross margins seem to have bottomed already. Although there are strong short-term tailwinds, I do not see the stock as a buy yet and the rest of 2024 is unlikely to be a smooth sailing for shareholders.
Cleveland-Cliffs (CLF) Stock Sinks As Market Gains: Here's Why
Cleveland-Cliffs (CLF) reachead $15.47 at the closing of the latest trading day, reflecting a -1.09% change compared to its last close.
Cleveland-Cliffs: Buy The Dip, Challenges Are Likely Temporary
Despite recent underperformance, CLF remains undervalued with potential for margin expansion and growth in the steel industry. Analysts' concerns and downgrades may pose risks, but CLF's undervaluation and growth prospects make it a strong 'Buy' in the medium term. I believe CLF's EBITDA growth should continue due to a rebound in service center buyer demand and the continuation of cost reduction programs.
