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0.0220994475138122 0.0276104972375691 0.00828729281767963 -0.00690607734806627 0.00414364640883981 0.0124309392265193 0.0138121546961327 0.0718232044198896
Stock impact report

Cleveland-Cliffs Inc. Reports First-Quarter 2018 Results

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Business Wire
U.S. Iron Ore Realized Revenue increases 32 percent to $105 per long ton Increases full-year U.S. Iron Ore pellet sales volume expectation to 20.5 million long tons CLEVELAND--(BUSINESS WIRE)-- Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2018. As previously discussed, on January 1, 2018, Cliffs adopted the new revenue recognition standard and recognized the cumulative effect of this change as an addition to the opening balance of retained earnings of $34 million. Under ASC Topic 606, revenue will generally be recognized upon delivery for Cliffs' U.S. Iron Ore customers, which in most cases is earlier than under the previous standard. Therefore, as a result of the adoption of the standard and the annual winter closure of the Soo Locks, revenues and net income will be relatively lower than historical leve Show less Read more
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