Tue, Sep 23, 2014, 9:02 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Cliffs Natural Resources Inc. Message Board

  • ron.wallach ron.wallach Feb 13, 2013 8:13 PM Flag

    read.

     

    CLEVELAND, Feb. 12, 2013 — /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) (the "Company") today announced that it is offering to sell, subject to market and other conditions, 9,000,000 of its common shares, par value $0.125 per share ("Common Shares") (or up to 10,350,000 Common Shares if the underwriters of such offering exercise their option to purchase additional Common Shares) (the "Common Shares Offering"), and 20,000,000 of its depositary shares ("Depositary Shares"), each representing a 1/40th interest in a share of its new mandatory convertible preferred stock, Class A ("Mandatory Convertible Preferred Shares"), $1,000 liquidation preference per Mandatory Convertible Preferred Share (equivalent to $25 per Depositary Share) (or up to 23,000,000 Depositary Shares if the underwriters of such offering exercise their over-allotment option in full) (the "Mandatory Convertible Preferred Shares Offering") in separate registered public offerings.

    Sentiment: Hold

    This topic is deleted.
 
CLF
12.65-0.17(-1.33%)Sep 23 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Bed Bath & Beyond Inc.
NasdaqGSTue, Sep 23, 2014 4:00 PM EDT
Plug Power Inc.
NasdaqCMTue, Sep 23, 2014 4:00 PM EDT