What's Going On With Cleveland-Cliffs Shares Today?

Cleveland-Cliffs Inc. Reported revenue of $5.09 billion for the second quarter. The company reported breakeven adjusted earnings of 2 cents per share. Cleveland-cliffs entered into an agreement to acquire Stelco Holdings Inc. For $2.5 billion.

Weekly Report: what happened at XME last week (0715-0719)?

U.S. ranks next to last in development time for new critical minerals mines - S&P

U.S. Ranks next to last in development time for new critical minerals mines - S&P Global. U.s. Takes an average of 29 years for such mines to go from discovery to production, longer than any other country except Zambia. High rate of litigation against mining projects has caused companies to curb their exploration budgets in the U.S., report says.

Cleveland-Cliffs Doubles Down on Steel with $2.5B Acquisition, Expects $120M in Annual Savings

Cleveland-Cliffs Inc. Shares are trading lower today. The company entered into a definitive agreement to acquire Stelco Holdings Inc. For a total enterprise value of around $2.5 billion. Cliffs anticipates achieving around $120 million in annual cost savings.

Weekly Report: what happened at XME last week (0708-0712)?

Analysts Anticipate XME To Hit $71

Weekly Report: what happened at XME last week (0701-0705)?

Hedge funds pick up the pace buying commodity-sensitive stocks

Energy Hedge funds pick up the pace buying commodity-sensitive stocks. Goldman Sachs: Energy and Materials were among the most net bought sectors on the US Prime book this week. Hedge funds bought energy and materials stocks at the fastest pace in five months, Goldman Sachs says. The Materials long/short ration is well below the historical average.

Monday's ETF Movers: XME, XHB

Weekly Report: what happened at XME last week (0624-0628)?

ETFs with the most bullish and bearish sentiment, according to Barclays

ETFs with the most bullish and bearish sentiment, according to Barclays. Barclays analysts listed the top 10 exchange-traded funds that have the most bearish and most bullish sentiment. Two China-related funds were in Barclays’ bearish sentiments screen ahead of a key meeting of the Chinese Communist Party.

SPDR S&P Metals & Mining ETF declares quarterly distribution of $0.0961

Weekly Report: what happened at XME last week (0617-0621)?

Why Commercial Metals Shares Are Surging Today

Commercial Metals Company reported third-quarter FY24 net sales of $2.078 billion. The company says fundamentals remain strong in North American markets. The Europe Steel Group achieved nearly breakeven performance in the third quarter. The board declared a quarterly dividend of $0.18 per share.

SPDR S&P Metals & Mining ETF Experiences Big Outflow

XME: Dr. Copper Sending A Warning Diagnosis (Rating Downgrade)

Copper prices hit a two-month low amid concerns about global growth trade and a rising US Dollar Index. I am downgrading the SPDR S&P Metals & Mining ETF (XME) from buy to hold. The fund is more expensive on a P/E basis today than last summer. XME faces technical challenges, too, with a broken uptrend.

Weekly Report: what happened at XME last week (0610-0614)?

The ETFs with the cheapest and the richest volatility - Barclays

Weekly Report: what happened at XME last week (0603-0607)?

Weekly Report: what happened at XME last week (0527-0531)?