Lourenco Goncalves

Cleveland-Cliffs Inc. (NYSE:CLF) CEO Lourenco Goncalves repeatedly predicted President Joe Biden would block Nippon Steel Corp.‘s (OTC:NPSCY) proposed $14.9 billion acquisition of United States Steel Corp. (NYSE:X) months before it happened, according to documents submitted to federal...

Cleveland-Cliffs Inc (NYSE:CLF) reported first-quarter financial results after the market close on Monday. Here’s a look at the key metrics from the quarter. Q4 Earnings: Cleveland-Cliffs reported first-quarter revenue of $5.2 billion, which missed the consensus estimate of $5.346...

Pittsburgh-based United States Steel Corp. (NYSE:X) late Sunday rejected a buyout offer from rival steel manufacturer Cleveland-Cliffs Inc. (NYSE:CLF) but welcomed the latter to participate in a formal review process. What Happened: U.S. Steel said it invited Cleveland-Cliffs to join in a formal...

Cleveland-Cliffs Inc (NYSE: CLF) shares are trading lower Tuesday after the company reported weak fourth-quarter financial results. What Happened: Cleveland-Cliffs reported fourth-quarter revenue of $5.04 billion, which missed average analyst estimates of $5.19 billion, according to ...

Cleveland-Cliffs Inc (NYSE: CLF) is trading higher Monday after the company announced it entered into a definitive agreement to acquire Ferrous Processing and Trading Company (FPT). The stock is also trading higher in sympathy with the price of iron ore.  Cleveland-Cliffs is set to...

Cleveland-Cliffs Inc (NYSE: CLF) is trading higher Thursday after the company said it would fully redeem its 5.75% senior notes.  What Happened: Cleveland-Cliffs announced it intends to redeem the entirety of its $396 million aggregate principal amount of outstanding 5.75%...

Shares of mining company Cleveland-Cliffs Inc. (NYSE: CLF) fell as much as 7.37 percent following the company's Q3 earnings release and a public outburst from CEO Lourenco Goncalves. What Happened Earnings of 64 cents missed estimates by 3 cents, while sales of $741.8 million came in about...

It doesn't seem so. In fact, President Donald Trump's decision to withdraw Thursday prompted instant activism or, in many cases, slacktivism by corporate dissenters. Tesla Inc (NASDAQ: TSLA) CEO Elon Musk resigned from three presidential councils in protest, abandoning his previous influence-by-...

Donald Drapkin, Casablanca Capital Founder and Co-Chief Investment Officer, appeared on Wall Street Week on Sunday morning. Among other issues, the investor went into what he’s doing with Cliffs Natural Resources Inc (NYSE: CLF). Shares of Cliffs Natural Resources were down more...

U.S. stocks declined, following Europe's lead following the European Central Bank's decision to keep interest rates unchanged. The ECB's President Mario Draghi reaffirmed the bank's intention of considering "unconventional moves," which includes buying asset-backed...