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In early 2001, Cleveland-Cliffs managed LTV Steel Mining Company permanently closed in the wake of Ling-Temco-Vought's bankruptcy. Later that year, the company cut its dividend by 73% due to low prices. [8] In 2002, Ling-Temco-Vought, a partner in the Empire Mine managed by CCI, closed and the Empire Mine was idled for six months. [9]
Cliffs Corp. derived a large portion of its income from holding Cleveland-Cliffs stock, so much so that it could not pay all the dividends owed on its own preferred stock. [ 100 ] [ 101 ] The board of directors of Cliffs Corp., led by William G. Mather and Edward B. Greene, proposed dissolving Cliffs Corp. and selling its assets.
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The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Cleveland-Cliffs wasn’t one of them. The 10 stocks that made ...
Cleveland-Cliffs (CLF) delivered earnings and revenue surprises of 4.48% and 6.28%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Dividend paying stocks like Cleveland-Cliffs Inc. (NYSE:CLF) tend to be popular with investors, and for good reason...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Cleveland-Cliffs wasn’t one of them. The 10 stocks that made ...
The iron ore miner benefits from an analyst upgrade, keeping up its momentum.
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related to: cleveland cliffs stock price dividend