| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 5.2B | +2% |
| Gross Profit | 285MM | - |
| Cost Of Revenue | 4.9B | -1% |
| Operating Income | -38MM | -62% |
| Operating Expenses | 323MM | - |
| Net Income | -67MM | -57% |
| G&A | 132MM | -16% |
| Amortization | 4MM | +33% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Cleveland-Cliffs (CLF) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
On May 1, 2024, Ron Bloom, a Director at Cleveland-Cliffs Inc (NYSE:CLF), purchased 25,000 shares of the company, as reported in a recent SEC Filing.
(Bloomberg) -- Cleveland-Cliffs Inc., a major customer of Norfolk Southern Corp., has backed activist investor Ancora Holdings Group in its effort to overhaul the board of the railway company.Most Read from BloombergMusk Leaves China With Tesla Driving Software Hurdles ClearedMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Built ‘Large’ Stake in Buffett-Favored Sumitomo, Source SaysYen Rebounds Strongly After First Slide Past 160 Since 1990Yen Watchers Ask When Japan Will
U.S. steelmaker Cleveland-Cliffs , a Norfolk Southern customer, has backed activist investor Ancora Holdings in its effort to have seven directors and a new chief executive officer installed at the railroad operator, Bloomberg News reported on Sunday. Cleveland-Cliffs CEO Lourenco Goncalves said in a letter to Ancora that the outcome of the proxy fight will have no impact on its customer or supplier relationship with Norfolk Southern, the report added.
CLEVELAND, April 26, 2024--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that, in response to industry trends and feedback from customers, the Company will publish a "Cliffs Hot Rolled Market Price" via letter to all flat-rolled customers on a monthly basis. The price will be published in conjunction with the monthly opening of the Hot Rolled order book, and will be simultaneously published at https://www.clevelandcliffs.com/doing-business/. Cliffs may also update this price more frequently
It's been a mediocre week for Cleveland-Cliffs Inc. ( NYSE:CLF ) shareholders, with the stock dropping 12% to US$18.23...
(Bloomberg) -- Cleveland-Cliffs Inc. still wants to buy United States Steel Corp. or some of its assets if US authorities block Nippon Steel Corp.’s $14.1 billion takeover of the iconic American steelmaker.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipMalaysia in Talks With
Problems at Cleveland-Cliffs and 3M highlight the dangers when chasing high dividend yields. One way to cut the risk: Focus on the most popular Dividend Aristocrats.
Steel Dynamics earnings topped estimates, but STLD reversed lower on Wednesday, following selloffs for Nucor and Cleveland-Cliffs on earnings misses.
Cleveland-Cliffs (CLF) lags Q1 earnings and revenue estimates due to lower volumes.