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Cleveland-Cliffs EPS misses by $0.31, beats on revenue
Second Quarter 2021 Earnings Conference Call
Jul 22, 2021 10:00 am EDT
https://www.clevelandcliffs.com/investors/news-events/ir-calendar/detail/10701/second-quarter-2021-earnings-conference-call
The consensus EPS Estimate is $1.51 and the consensus Revenue Estimate is $4.95B
3 Reasons Why Cleveland-Cliffs Is A Buy Before The 2Q Report
https://seekingalpha.com/article/4439949-3-reasons-why-cleveland-cliffs-is-a-buy
And you follow Cramer? LOL LOL
Cleveland-Cliffs Inc. stock is held by 476 institutions, with Blackrock Inc. being the largest institutional investor.
Cleveland-Cliffs Inc. (NYSE: CLF) Stock Forecast 2021: Profitable With Bullish Signals
https://marketingsentinel.com/2021/07/20/cleveland-cliffs-inc-nyse-clf-stock-forecast-2021-profitable-with-bullish-signals/
https://247wallst.com/investing/2021/07/20/earnings-previews-american-airlines-att-cleveland-cliffs-freeport-mcmoran
Cleveland-Cliffs
Iron ore miner and steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) has seen its share price soar by 245% over the past 12 months. In mid-June, the stock posted a new 52-week high, and the stock has a year-to-date gain of around 35%. The company’s steel production acquisitions have positioned it well to take advantage of the so-called steel supercycle. The stock also has generated significant interest from retail investors who follow Reddit’s WallStreetBets subgroup.
Coverage of the stock is fairly light, with just eight analysts surveyed. Four rate the shares a Hold and the other four are evenly split between Buy and Strong Buy ratings. At a price of around $19.70, the upside potential based on a median price target of $27 is 37%. At the high target of $39, upside potential reaches 98%.
Second-quarter revenue is forecast to reach $4.95 billion, up 22% sequentially and up 350% year over year. Adjusted EPS is forecast to come in at $1.51, or 400% sequentially and miles better than a per-share loss of $0.46 in the same quarter last year. For the full year, EPS is forecast at $5.55 compared with a per-share loss of $0.47 in 2020.
Cleveland-Cliffs stock trades at a multiple of 3.6 times expected 2021 EPS, 6.1 times estimated 2022 earnings and 10.5 times estimated 2023 earnings. The stock’s 52-week range is $5.16 to $24.77. The company does not pay a dividend.
Why Did Cleveland-Cliffs Stock Drop 12% In A Week?
https://www.forbes.com/sites/greatspeculations/2021/07/20/why-did-cleveland-cliffs-stock-drop-12-in-a-week/
Cleveland-Cliffs (CLF) to Report Q2 Earnings: What's in Store?
https://www.zacks.com/stock/news/1763987/cleveland-cliffs-clf-to-report-q2-earnings-whats-in-store
3 Reasons Why Cleveland-Cliffs Is A Buy Before The 2Q Report
https://seekingalpha.com/article/4439949-3-reasons-why-cleveland-cliffs-is-a-buy
Update: Cleveland-Cliffs Inc. (CLF) stock following data analysis
https://bovnews.com/finance/update-cleveland-cliffs-inc-clf-stock-following-data-analysis/
Record Steel Prices Inject Life Into Long-Suffering Industry
https://www.bloomberg.com/news/articles/2021-07-18/record-steel-prices-inject-life-into-long-suffering-industry
Ha ha ha
Craig R. Frank is the Chairman and Chief Executive Officer of Kaya Holdings (KAYS), which owns and operates Kaya Shack cannabis shops in Portland and Salem. In March, Kaya Shack launched a “Pot for a Shot” campaign, offering discounts to consumers who show their vaccination card.
Prior to KAYS, Craig served for as CEO of Alternative Fuels Americas, Inc. (AFAI), KAYS’s predecessor company. At AFAI, Craig led Jatropha plant trials in Guatemala. Honduras and Costa Rica, secured orders for 6 million gallons of biofuel, and developed industry-first programs for the use of wild feedstock. Prior to AFAI, Craig served 11 years as CEO of The Tudog Group, a firm with business advisory and business development divisions.
https://www.klcc.org/post/city-club-eugene-defeating-covidvaccine-incentives
CLF here read.
Tesla stands out in BofA list of best covered call options plays: Alpha Tactics
Jul. 17, 2021 2:59 PM ETCLF, DVN...By: Kim Khan, SA News Editor19 Comments
?G0d4ather/iStock via Getty Images
The WallStreetBets crowd has put the options spolight on deep-out-of-the-money calls for those beetting on a huge stock price surge.
But for those who own shares where they see just a little upside from current levels, writing (selling) covered calls can be a way to boost returns.
"The strategy is best suited for names the call seller has a neutral short-term view on, as a call sells the right to upside participation beyond the call strike for a fee," BofA equity-linked analysts led by Gonzalo Asis explain. "Covered call writing is not a hedge and maintains full downside risk."
"While covered call strategies will underperform stocks in fast bull markets, they will still realize significant profits," he adds. "Covered call strategies tend to outperform outright stock ownership in flat, down and slightly up markets."
BofA looks at 5,000 overwriting positions in the Russell 1000 (NYSEARCA:IWF) with August 20 expiration.
"Of these, 10 offer at least 5% premium while allowing for a minimum potential upside of 5.5% (Call-Away Return) and having a notional option volume of at least $5mn," Asis notes.
Those 10 are:
Cleveland-Cliffs (NYSE:CLF), strike price $22, call and dividend premium 8.6%, call-away return 9.3%
Occidentals Petroleum (NYSE:OXY), $28, 6.6%, 7.2%
Tesla (NASDAQ:TSLA), $655, 6.6%, 6.8%
L Brands (NYSE:LB), $77.50, 6%, 9.2%
Alcoa (NYSE:AA), $36, 5.9%, 8.3%
Penn National Gaming (NASDAQ:PENN), $70, 5.9%, 8.5%
Devon Energy (NYSE:DVN), $28, 5.5%, 8.1%
Rocket (NYSE:RKT), $18, 5.5%, 9.1%
Cree (NASDAQ:CREE), $92.50, 5.4%, 6%
MercadoLibre (NASDAQ:MELI), $1,510, 5.4%, 5.6%
?
Iron ore is in a bull market — and it won't run out of steam soon, says Goldman
https://www.cnbc.com/2021/07/16/goldman-sachs-on-iron-ore-bull-run-outlook.html
Cleveland-Cliffs Inc. (NYSE: CLF) Could Expand By 24.9 Percent Or More
https://marketingsentinel.com/2021/07/16/cleveland-cliffs-inc-nyse-clf-could-expand-by-24-9-percent-or-more/
Unusual Options Activity Insight: Cleveland-Cliffs
https://m.benzinga.com/article/22019515?utm_referrer=https%3A%2F%2Fwww.google.com%2F&utm_source=https%3A%2F%2Fwww.google.com%2F
Zacks Consensus Estimate
This mining company is expected to post quarterly earnings of $1.53 per share in its upcoming report, which represents a year-over-year change of +593.6%.
Revenues are expected to be $4.98 billion, up 355.7% from the year-ago quarter.
Cleveland-Cliffs Issues Its Comprehensive Sustainability Report for 2020
https://finance.yahoo.com/news/cleveland-cliffs-issues-comprehensive-sustainability-110000951.html
Cleveland-Cliffs (CLF) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
https://finance.yahoo.com/news/cleveland-cliffs-clf-earnings-expected-190107888.html
Don't Go Over Cleveland-Cliffs
Raise stop protection on CLF, as the charts show problem areas.
https://realmoney.thestreet.com/investing/raise-stop-protection-on-cleveland-cliffs-15711847
Cleveland-Cliffs offering steelworkers up to $3,000 to get vaccinated
https://www.nwitimes.com/business/local/cleveland-cliffs-offering-steelworkers-up-to-3-000-to-get-vaccinated/article_025ca624-2f3b-5e74-b520-7775cc810dae.html
Amended Statement of Ownership (sc 13g/a)
Source: Edgar (US Regulatory)
us1858991011_071021.txt
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No: 6)
CLEVELAND CLIFFS INC
(Name of Issuer)
Common Stock
(Title of Class of Securities)
185899101
(CUSIP Number)
June 30, 2021
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 185899101 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 37240554 (6) Shared voting power 0 (7) Sole dispositive power 38646086 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 38646086 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.7% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- CLEVELAND CLIFFS INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 200 PUBLIC SQUARE, STE 3300 CLEVELAND OH 44114-2315 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none, residence: ----------------------------------------------------------------------- BlackRock, Inc. 55 East 52nd Street New York, NY 10055 2(c) Citizenship: -------------------------------------------------------------------- See Item 4 of Cover Page 2(d) Title of class of securities: ------------------------------------------------------------------- Common Stock 2(e) CUSIP No.: See Cover Page Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: [ ] Broker or dealer registered under Section 15 of the Act; [ ] Bank as defined in Section 3(a)(6) of the Act; [ ] Insurance company as defined in Section 3(a)(19) of the Act; [ ] Investment company registered under Section 8 of the Investment Company Act of 1940; [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); [X] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; [ ] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. Amount beneficially owned: 38646086 Percent of class 7.7% Number of shares as to which such person has: Sole power to vote or to direct the vote 37240554 Shared power to vote or to direct the vote 0 Sole power to dispose or to direct the disposition of 38646086 Shared power to dispose or to direct the disposition of 0 Item 5. Ownership of 5 Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ]. Item 6. Ownership of More than 5 Percent on Behalf of Another Person If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of CLEVELAND CLIFFS INC. No one person's interest in the common stock of CLEVELAND CLIFFS INC is more than five percent of the total outstanding common shares. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. See Exhibit A Item 8. Identification and Classification of Members of the Group If a group has filed this schedule pursuant to Rule 13d-1(b)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group. Item 9. Notice of Dissolution of Group Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Item 10. Certifications By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: July 10, 2021 BlackRock, Inc. Signature: Spencer Fleming ------------------------------------------- Name/Title Attorney-In-Fact The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001). Exhibit A Subsidiary BlackRock Life Limited BlackRock Advisors, LLC Aperio Group, LLC BlackRock (Netherlands) B.V. BlackRock Institutional Trust Company, National Association BlackRock Asset Management Ireland Limited BlackRock Financial Management, Inc. BlackRock Japan Co., Ltd. BlackRock Asset Management Schweiz AG BlackRock Investment Management, LLC FutureAdvisor, Inc. BlackRock Investment Management (UK) Limited BlackRock Asset Management Canada Limited BlackRock Investment Management (Australia) Limited BlackRock Advisors (UK) Limited BlackRock Fund Advisors BlackRock Fund Managers Ltd *Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G. Exhibit B POWER OF ATTORNEY The undersigned, BLACKROCK, INC., a corporation duly organized under the laws of the State of Delaware, United States (the "Company"), does hereby make, constitute and appoint each of Christopher Meade, Daniel Waltcher, Una Neary, Richard Cundiff, Charles Park, Enda McMahon, Arlene Klein, Con Tzatzakis, Karen Clark, David Maryles, Daniel Ronnen, John Stelley, Daniel Riemer, Elizabeth Kogut, Maureen Gleeson, Daniel Kalish and Spencer Fleming acting severally, as its true and lawful attorneys-in-fact, for the purpose of, from time to time, executing in its name and on its behalf, whether the Company individually or as representative of others, any and all documents, is acting certificates, instruments, statements, other filings and amendments to the foregoing (collectively, "documents") determined by such person to be necessary or appropriate to comply with ownership or control-person reporting requirements imposed by any United States or non-United States governmental or regulatory authority, Including without limitation Forms 3, 4, 5, 13D, 13F, 13G and 13H and any amendments to any of the Foregoing as may be required to be filed with the Securities and Exchange Commission, and delivering, furnishing or filing any such documents with the appropriate governmental, regulatory authority or other person, and giving and granting to each such attorney-in-fact power and authority to act in the premises as fully and to all intents and purposes as the Company might or could do if personally present by one of its authorized signatories, hereby ratifying and confirming all that said attorney-in-fact shall lawfully do or cause to be done by virtue hereof. Any such determination by an attorney-in-fact named herein shall be conclusively evidenced by such person's execution, delivery, furnishing or filing of the applicable document. This power of attorney shall expressly revoke the power of attorney dated 8th day of December, 2015 in respect of the subject matter hereof, shall be valid from the date hereof and shall remain in full force and effect until either revoked in writing by the Company, or, in respect of any attorney-in-fact named herein, until such person ceases to be an employee of the Company or one of its affiliates. IN WITNESS WHEREOF, the undersigned has caused this power of attorney to be executed as of this 2nd day of January, 2019. BLACKROCK, INC. By:_ /s/ Daniel Waltcher Name: Daniel Waltcher Title: Deputy General Counsel
Unusual Options Activity Insight: Cleveland-Cliffs
https://m.benzinga.com/article/21960846?utm_referrer=https%3A%2F%2Fwww.google.com%2F&utm_source=https%3A%2F%2Fwww.google.com%2F
Cleveland-Cliffs (CLF) Dips More Than Broader Markets: What You Should Know
Zacks Equity Research
July 13, 2021, 5:45 pm
https://finance.yahoo.com/news/cleveland-cliffs-clf-dips-more-214509090.html
Cellectar Biosciences inks collaboration agreement with South Korea's LegoChemBio
Source: Seeking Alpha
To read the full story on Seeking Alpha, click here.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Cleveland-Cliffs Inc (Symbol: CLF, where a total of 170,034 contracts have traded so far, representing approximately 17.0 million underlying shares. That amounts to about 47.1% of CLF's average daily trading volume over the past month of 36.1 million shares. Especially high volume was seen for the $22 strike call option expiring July 09, 2021, with 9,353 contracts trading so far today, representing approximately 935,300 underlying shares of CLF. Below is a chart showing CLF's trailing twelve month trading history, with the $22 strike highlighted in orange:
https://www.nasdaq.com/articles/noteworthy-friday-option-activity%3A-clf-wcc-w-2021-07-09
Pricing for hot-rolled coils of steel has sizzled in the recovery, and the heat has ignited steel stocks. United States Steel and Cleveland-Cliffs are up two and three times the S&P 500 index’s 15% gain this year, respectively, while Nucor is up nearly 80%. And, as Credit Suisse analyst Curt Woodworth sees it, steel stocks aren’t cooling down soon.
https://www.barrons.com/articles/tight-supplies-have-driven-up-steel-prices-an-analyst-says-that-could-last-awhile-51625868872
Miner and steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) received some attention from retail investors Friday, following Thursday’s announcement that Argus had initiated coverage on the stock with a Buy rating and a price target of $26. Last month, JPMorgan started coverage with an Overweight rating and a $39 price target. There have been five ratings on the stock since early May, and all have been the equivalent of Buy. The stock is highly liquid, and short interest was around 11% of total float at last report. Maybe not an obvious short squeeze, but that could happen.
https://247wallst.com/investing/2021/07/09/midday-meme-stock-report-for-7-9-newegg-cleveland-cliffs-meta-materials-virgin-galactic/
Shorts kept this stock down way before COVID. They can't keep it down any longer. To good of a CEO.
Shorts are back with there propaganda. Next stop CLF $25
Cleveland-Cliffs launches vaccine incentive program
July 6th 2021, 5:40 pm
Cleveland-Cliffs has launched their vaccine incentive program. According to CEO Lourenco Goncalves, it's the most generous introduced in the country and the world.
According to the company, if they can get 75-84.9% of the people vaccinated at a facility, vaccinated employees will receive $1500. If the threshold goes higher, 85% or more, the vaccinated employees could get $3,000 each.
Goncalves said if the sites don't reach the 75% threshold, they will be, 'extremely disappointed and frustrated.' But each vaccinated employee will still get $200 for do ing their part.
Cliffs owns and operates Minorca, Hibtac, Utac, and Northshore.
This incentive program ends on August 21st. Employees must show proof of full vaccination by that date. The company said participation is voluntary.
Published: July 6th 2021, 3:01 pmUpdated: July 6th 2021, 5:40 pmCopyright 2021 WDIO LLC, a Hubbard Broadcasting Company. All rights reserved.
I love how this scam company get into these articles.
https://manometcurrent.com/cannabis-infused-edible-products-market-to-develop-new-growth-story-report-explores-baked-bros-bhang-cannabis-energy-drink-canopy-growth/
Shorts playing their games.
Cleveland-Cliffs Inc. – Consensus Indicates Potential 17.5% Upside
https://www.directorstalkinterviews.com/cleveland-cliffs-inc.---consensus-indicates-potential-17.5-upside/4121007805
Iron Ore to Rise Further as US Infrastructure Deal Aids Recovery Outlook: Q3 Top Trading Opportunities
https://www.dailyfx.com/forex/fundamental/forecast/weekly/title/2021/07/05/Iron-Ore-to-Rise-Further-as-US-Infrastructure-Deal-Aids-Recovery-Outloo-Q3-Top-Trading-Opportunities.html
Why Are Analysts Bullish About Penny Stock Cellectar Biosciences?
Source: TipRanks
Cellectar Biosciences (NASDAQ: CLRB) is a late-stage clinical biopharmaceutical company, focused on the development and discovery of drugs that can be used for the treatment of cancer. The company intends to use its proprietary Phospholipid Drug Conjugate (PDC) platform to develop PDCs that can specifically target cancer cells. The company’s drug pipeline includes CLR 131, one preclinical PDC chemotherapeutic program called CLR 1900, and several partnered PDC assets. Q1 Results Cellectar Biosciences had cash and cash equivalents of $53.6 million on its balance sheet as of March 31. While the company did not earn any revenues in Q1, the net loss was $0.13 per share versus a loss of $0.
https://www.tipranks.com/news/article/why-are-analysts-bullish-about-penny-stock-cellectar-biosciences
Cleveland-Cliffs CEO and Wendell Carter win prestigious steel industry awards
https://www.nwitimes.com/business/local/cleveland-cliffs-ceo-and-wendell-carter-win-prestigious-steel-industry-awards/article_b5f9e27b-ebdf-5d48-8d8d-bbf7c25a001f.html
Analysts Expect Cleveland-Cliffs Inc. (NYSE:CLF) Will Announce Quarterly Sales of $4.98 Billion
https://www.marketbeat.com/instant-alerts/nyse-clf-consensus-analyst-rating-2021-07/