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Friday 22 May 2015
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Stocks in Action: Cliffs Natural Resources, (NYSE:CLF), Medtronic, (NYSE:MDT), DIRECTV, (NASDAQ:DTV), Silver Wheaton, (NYSE:SLW)

On Wednesday, Shares of Cliffs Natural Resources Inc. (NYSE:CLF), lost -0.40% to $5.03.

Cliffs Natural Resources Inc said on Wednesday it was seeking court protection from creditors of its Wabush iron ore mine and related assets in Eastern Canada, four months after it sought similar protection for its other Canadian iron ore assets, according to Reuters.

The U.S.-based iron ore and coal miner said it had concluded that a “more comprehensive restructuring and sale process” would result if it was able to comprise the Wabush group under the same creditor protection it obtained in January for its larger Bloom Lake iron ore assets in Quebec Superior Court, Reuters Reports.

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.

Shares of Medtronic plc (NYSE:MDT), inclined 0.45% to $78.79, during its last trading session.

Presented for the first time recently at EuroPCR during the “Hot line” session on “Peripheral interventions,” new clinical data from two different studies show that the IN.PACT Admiral drug-coated balloon from Medtronic, successfully treated long lesions in the superficial femoral and popliteal arteries.

Prof. Dierk Scheinert, chairman of the division for interventional angiology at University-Hospital Leipzig in Germany, presented 12-month results for 157 patients enrolled in the IN.PACT Global Study`s long lesion imaging cohort. The average lesion length in this subset was 26.4 ± 8.61 cm — nearly three times longer than the average lesion length of 8.9 ± 5.07 cm in the randomized controlled IN.PACT SFA Trial.

Medtronic plc, a healthcare solutions company, provides medical technologies, services, and solutions worldwide. It operates through three segments: Cardiac and Vascular Group, Restorative Therapies Group, and Diabetes Group.

At the end of Wednesday’s trade, Shares of DIRECTV (NASDAQ:DTV), gained 0.20% to $91.55.

Guitar Center and DIRECTV, declared season 10 of the retailer’s award-winning music television series Guitar Center Sessions presented by JBL. The series will return May 29th with 9 new episodes accessible Friday nights at 9 p.m. exclusively on DIRECTV’s Audience Network (channel 239). Artists starring in season 10 comprise rock bands Lifehouse, The Offspring and Silversun Pickups; The Killers’ Brandon Flowers; country icon Dwight Yoakam; triple-threat singer, songwriter and actor Nick Jonas; indie darlings Best Coast and Hanni El Khatib; and multi-Grammy winning singer-songwriter Jason Mraz.

DIRECTV, a digital television entertainment company, engages in the direct-to-home (DTH) business in the United States and Latin America. It acquires, promotes, sells, and distributes digital entertainment programming primarily through satellite to residential and commercial subscribers.

Finally, Silver Wheaton Corp. (NYSE:SLW), ended its last trade with -0.25% loss, and closed at $19.61.

On May 7, Silver Wheaton declared that its Board of Directors has declared its second quarterly cash dividend payment for 2015 of US$0.05 per common share.

The second quarterly cash dividend of US$0.05 will be paid to holders of record of Silver Wheaton common shares as of the close of business on May 20, 2015, and will be distributed on or about June 2, 2015.

Under the Company’s dividend policy, the quarterly dividend per common share will be equal to 20% of the average cash generated by operating activities in the previous four quarters divided by the Company’s then outstanding common shares, all rounded to the nearest cent.

Silver Wheaton Corp. operates as a precious metals streaming company worldwide. The company has 18 long-term purchase agreements and 1 early deposit long-term purchase agreement associated with silver and gold regarding27 various mining assets.

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