Tag Archives: CLF

Congressional Leadership Fund, GOP Super PAC, Kicks Off 2014 Election With New Ads

By The Huffington Post News Editors

WASHINGTON — A Republican super PAC on Friday launched two ads targeting vulnerable freshman Democratic congressmen far ahead of the 2014 elections.

The Congressional Leadership Fund announced cable and digital advertising campaigns against Reps. Sean Patrick Maloney (D-N.Y.) and Joe Garcia (D-Fla.). The ads are identical, knocking each member for votes against Rep. Paul Ryan’s (R-Wis.) budget with a message geared toward suburban women.

House Democrats refused to support balancing Washington’s budget even though families have to every month,” CLF communications director Dan Conston said in a statement. “American moms deserve to know why Democrats think Washington shouldn’t live by the same rules.”

Read More…
More on Campaign Finance

…read more
Source: FULL ARTICLE at Huffington Post

Top Analyst Upgrades and Downgrades (MITT, A, ALTR, APOL, CLF, CBRL, EVEP, FLO, HIIQ, MTG, NFLX, YHOO)

By 24/7 Wall St.

Bull and Bear

Filed under:

These are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls.

A.G. Mortgage Investment Trust (NYSE: MITT) started as Neutral at Credit Suisse.

Agilent Technologies Inc. (NYSE: A) started as Outperform with $48 target at Credit Suisse.

Altera Corp. (NASDAQ: ALTR) named bear of the day due to weakening demand for its products and increased competition at Zacks Investment Research.

Apollo Group Inc. (NASDAQ: APOL) raised to Hold at Deutsche Bank.

Cliffs Natural Resources Inc. (NYSE: CLF) cut to Market Perform at BMO.

Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL) reiterated Buy and raised price target by $10 to $88 at Argus.

EV Energy Partners L.P. (NASDAQ: EVEP) raised to Outperform with $57 target at Credit Suisse.

Flowers Foods Inc. (NYSE: FLO) named Bull of the Day because of growing market share and expanding margins at Zacks Investment Research.

Health Insurance Innovations Inc. (NASDAQ: HIIQ) started as Outperform with $17 price target at Credit Suisse.

MGIC Investment Corp. (NYSE: MTG) raised to Overweight from Underweight at Barclays.

Netflix Inc. (NASDAQ: NFLX) started as Outperform at RBC.

Yahoo! Inc. (NASDAQ: YHOO) raised to Buy at Cantor Fitzgerald.

Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: A, ALTR, APOL, CBRL, CLF, EVEP, FLO, HIIQ, MITT, MTG, NFLX, YHOO

Read | Permalink | Email this | Linking Blogs | Comments

…read more
Source: FULL ARTICLE at DailyFinance

This S&P Metals & Mining Index Component Has A 6.9% Yield And Sells For Less Than Book

By DividendChannel.com

Cliffs Natural Resources, Inc. (NYSE: CLF) has been named as the ”Top Dividend Stock of the S&P Metals and Mining Select Industry Index”, according to Dividend Channel, which published its most recent ”DividendRank” report. The report noted that among the components of the S&P Metals & Mining Index, CLF shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent CLF share price of $36.44 represents a price-to-book ratio of 0.8 and an annual dividend yield of 6.9% ? by comparison, the average dividend paying stock in the S&P Metals & Mining Index yields 2.1% and trades at a price-to-book ratio of 1.7. The report also cited the strong quarterly dividend history at Cliffs Natural Resources, Inc., and favorable long-term multi-year growth rates in key fundamental data points. …read more
Source: FULL ARTICLE at Forbes Markets

Cliffs Natural to Book $1.37 Billion Impairment Charges in 4th Quarter

Cliffs Natural Resources Inc. (CLF) will record roughly $1.37 billion in fourth-quarter impairment charges related to its 2011 acquisition of Consolidated Thompson Iron Mines Ltd. and the planned sale of its 30% stake in an iron ore mine in Amapa, Brazil.
Source: FULL ARTICLE at Fox Business Headlines