Tag: $Cleverland-Cliffs

Cleveland-Cliffs CEO Speech Holds Some Gems for U.S. Steel Investors

The battle for U.S. Steel took a bizarre turn on Monday as jilted merger partner Cleveland-Cliffs held a press conference in Pennsylvania.

Cleveland-Cliffs shares down 4% on Q3 earnings and revenue miss

Cleveland-Cliffs Inc. reported disappointing third-quarter results on Monday, with earnings and revenue falling short of analyst expectations, sending shares down 4% in early trading

Cleveland Cliffs stock down 6% after steel producer says it’s buying Canada’s Stelco in $2.5 billion cash-and-stock deal

Deal expands Cliffs’ steelmaking footprint and doubles exposure to the flat-rolled spot market

U.S. Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives

United States Steel said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs
and was reviewing “strategic alternatives” after receiving several unsolicited offers.