Unions' picket power now extends to U.S. boardrooms [Yahoo! Finance]
Cleveland-Cliffs Inc. (CLF)
Last cleveland-cliffs inc. earnings: 2/20 07:00 am
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Source: Yahoo! Finance
Regulators are trying to block the biggest grocery-store merger in U.S. history because it would undercut unionized workers' ability to successfully strike. The power that unions won last year on the picket line is now being wielded in the boardroom, with support from President Joe Biden, a proud union man who has aimed his corporate regulators toward labor practices he views as unfair. “We saw the collective bargaining wins last year, but now we're seeing the other playing fields where having a strong labor union can make a difference,” said Sharon Block, a former Biden adviser who now teaches at Harvard. Union membership remains on a 40-year wane but has seen a string of successful strikes and contract negotiations. Airline pilots, Hollywood screenwriters, UPS delivery drivers, and Detroit auto workers all won significant wage and benefit increases. Now labor has emerged as a force in several corporate deals. Plenty of forces can disrupt or seal a merger — antitrust regulato
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CLF
News
- Cleveland-Cliffs Inc. (NYSE: CLF) had its price target lowered by analysts at Morgan Stanley from $20.00 to $19.00. They now have an "equal weight" rating on the stock.MarketBeat
- Cleveland-Cliffs Inc. (NYSE: CLF) had its price target lowered by analysts at B. Riley from $25.00 to $24.00. They now have a "buy" rating on the stock.MarketBeat
- Norfolk Activist Wins Support From Glass Lewis for CEO Ouster [BNN Bloomberg (Canada)]BNN Bloomberg
- UPDATE 1-Cleveland-Cliffs backs Ancora in Norfolk Southern proxy battle, Bloomberg says [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs backs Ancora in Norfolk Southern proxy battle, Bloomberg says [Yahoo! Finance]Yahoo! Finance
CLF
Earnings
- 4/22/24 - Miss
CLF
Sec Filings
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- 4/26/24 - Form 4
- CLF's page on the SEC website