CLEVELAND, Nov. 19, 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 depositary share, each representing 1/40th of a share of Series A preferred stock [...]
CLEVELAND, Nov. 19, 2014 /CNW/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it is pursuing exit options for its Eastern Canadian iron ore operations which may result in the closure of the Bloom Lake mine. Lourenco Goncalves, Cliffs' Chairman, President and Chief Executive Officer said, "Despite the continued interest of the prospective equity partners in Bloom Lake and in its high quality ore, the [...]
CLEVELAND, Nov. 4, 2014 /PRNewswire/ -- 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 Dec. 1, 2014, to shareholders of record as of the close of business on Nov. 15, 2014. About Cliffs Natural Resources Inc. Cliffs Natural Resources Inc. is a leading mining and [...]
- Reports Adjusted EBITDA1 of $233 million and Adjusted Earnings2 of $0.21 per diluted share - Reports Realized Pricing of $101 Per Ton in U.S. Iron Ore in Q3 2014 - Cash Cost Per Ton Rate Improves Across All Business Segments Compared to Q2 2014 - Reports Net Debt Reduction of $100 Million from Q2 2014 CLEVELAND, Oct. 27, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today reported third-quarter [...]
CLEVELAND, Oct. 17, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that it has appointed Susan M. Green to its Board of Directors, effective Oct. 15, 2014. Ms. Green is the former Deputy General Counsel, U.S. Congressional Office of Compliance. She previously served on Cliffs' Board from July 2007 through July 2014. Lourenco Goncalves, Chairman, President and Chief E...
CLEVELAND, Oct. 1, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that it will host a conference call to be held on Tuesday, October 28, 2014 to review unaudited 2014 third-quarter financial results. Quarterly results will be released after the U.S. market close on Monday, October 27, 2014. The press release, and its accompanying financial exhibits, will also be available on the Company [...]
CLEVELAND, Sept. 30, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced the release of its 2013 sustainability report, entitled "Focused. Aligned. Disciplined." The sustainability report is a comprehensive look at Cliffs' global operations and outlines the Company's progress in key areas of its sustainability strategy. Cliffs developed the report to be in accordance with the widely-use...
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 and has directed the company since being named President in 1984. Lourenco [...]
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 Chairman, President and CEO, stated, "We are very pleased that our banking [...]
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 outstanding addition to our Board of Directors. He brings decades of [...]
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 depositary share, each representing 1/40th of a share of Series A preferred stock [...]
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 negotiated transactions up to a maximum of $200 million dollars. The Company [...]