Microsoft selbst warnt vor der Verwendung von Internet Explorer, da er nicht mehr den neuesten Web- und Sicherheitsstandards entspricht. Wir können daher nicht garantieren, dass die Seite im Internet Explorer in vollem Umfang funktioniert. Nutze bitte Chrome oder Firefox.

Why Cleveland-Cliffs Rallied Today

TheMotleyFool

0 0

Shares of Cleveland-Cliffs (NYSE: CLF) rallied 5.6% on Tuesday as of 2:26 p.m. ET.

The U.S.-based steelmaker reported second-quarter earnings today, and while revenue and earnings were down relative to last year, both metrics actually beat expectations. Furthermore, CEO Lourenco Goncalves was optimistic that the recent increase in steel tariffs should soon benefit the company.

In the second quarter, Cleveland-Cliffs saw revenue decline by 3.1% to $4.9 billion, while adjusted (non-GAAP) earnings per share (EPS) fell to a loss of $0.50 per share from a positive $0.11 EPS in the year-ago quarter.

Source Fool.com