On Wednesday, Shares of Cliffs Natural Resources Inc. (NYSE:CLF), gained 1.68% to $3.02.
Cliffs Natural Resources stated second-quarter results for the period ended June 30, 2015. Second-quarter 2015 merged revenues of $498 million reduced 33 percent from the preceding year’s second quarter revenues of $748 million. Cost of goods sold reduced by 22 percent to $441 million contrast to $564 million stated in the second quarter of 2014.
For the second quarter of 2015, Cliffs recorded net income attributable to Cliffs’ common shareholders of $60 million, or $0.39 of earnings per diluted share, contrast to a net loss attributable to Cliffs’ common shareholders of $2 million, or $0.02 per diluted share recorded in the second quarter of 2014.
Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore and metallurgical coal. It operates five iron ore mines that produces iron ore pellets in Michigan and Minnesota; Koolyanobbing complex situated in northeast of the town of Southern Cross, which produces lump and fines iron ore; and two metallurgical coal mines located in Alabama and West Virginia.
Shares of Teck Resources Limited (NYSE:TCK), inclined 2.05% to $7.47, during its last trading session.
Teck Resources Limited stated second quarter adjusted profit attributable to shareholders of $79 million, or $0.14 per share, contrast with $72 million or $0.13 per share in 2014. Profit attributable to shareholders was $63 million ($0.11 per share) contrast with $80 million ($0.14 per share) a year ago.
“Our operations have turned in a solid performance for the quarter,” said Don Lindsay, President and CEO. “All of our operations have remained cash flow positive after sustaining capital investment and our balance sheet remains strong with over $6.5 billion of liquidity. This has been achieved notwithstanding a material drop in the U.S. dollar spot coal price since the starting of 2015.”
Teck Resources Limited explores, develops, and produces natural resources in the Americas, the Asia Pacific, Europe, and Africa. Its principal products comprise copper, counting copper concentrates and cathode copper; steelmaking coal; and refined zinc and zinc concentrates.
Finally, T-Mobile US, Inc. (NYSE:TMUS), ended its last trade with 0.33% gain, and closed at $37.04.
T-Mobile US, declared Second Quarter 2015 Results.
Second Quarter 2015 Highlights:
- Continued customer momentum and low churn for the fastest growing wireless company in America:
- 1 million total net adds – 9th successive quarter of over 1 million
- million branded postpaid net adds – 4th successive quarter of over 1 million
- 760,000 branded postpaid phone net adds – expect to capture all of the industry postpaid phone growth
- Continued low branded postpaid phone churn of 1.3% – down 16 bps YoY
- T-Mobile ranked highest in the J.D. Power Wireless Customer Care Study.
T-Mobile US, Inc., together with its auxiliaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services in the postpaid, prepaid, and wholesale markets.
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