16:03 CLF Cliffs Natural Resources prelim $0.62 vs $0.55 Capital IQ Consensus Estimate; revs $1.54 bln vs $1.53 bln Capital IQ Consensus Estimate
Why is CLF getting killed after hours then. Not looking good for ANR now. We will go do tomorrow but staying hopeful on our earnings report. Sure hope we dont go down $2 like CLF.
Lol. Do you have slightest idea why its down. Their results were fine.
- But they cut dividend. Not sure how it affects ANR
- They diluted due to additional expenses for iron ore business. It was not related to iron ore pricing but rather bad acquisition.
Look at the section for coal business. It was rather fine.
I don't think ANR is going to announce a dilution like CLF just did.
CLF screwed the pooch on iron ore seaborne.. Destroyed metalurgical coal ##... WOW.. great news for ANR
Seriously, what are you talking.