- TheStreet.com•20 hours ago
Cliffs Natural Resources (CLF) announced Friday it had reached an agreement with the United Steelworkers Union.
- PR Newswire•23 hours agoCliffs Reaches Tentative Agreement with United Steelworkers on New Labor Contract for Michigan and Minnesota Mining Operations
CLEVELAND, Aug. 26, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (CLF) announced today a tentative agreement with the United Steelworkers (USW), on a new 3-year labor contract that is effective as of October 1, 2015. The new contract will cover approximately 2,000 USW-represented workers at Cliffs' Tilden and Empire mines in Michigan, and its United Taconite and Hibbing Taconite mines in Minnesota. Lourenco Goncalves, Chairman, President and CEO, stated, "We are pleased to reach a new labor contract that is fair and equitable to both parties, and provides Cliffs a competitive cost structure for future success.
Cliffs Natural Resources Inc. (CLF)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||5.77 x 700|
|Ask||5.85 x 700|
|Day's Range||5.73 - 6.12|
|52wk Range||1.20 - 8.45|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||28.71|
|Avg Vol (3m)||13,835,714|
|Dividend & Yield||0.00 (0.00%)|