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NYSE:CLF News 8 January 2026

Cleveland-Cliffs stock dips in premarket after KeyBanc downgrade flags costs, valuation

Cleveland-Cliffs stock dips in premarket after KeyBanc downgrade flags costs, valuation

New York, Jan 8, 2026, 07:36 EST — Premarket Cleveland-Cliffs shares slipped 0.5% to $11.98 in premarket trade on Thursday after KeyBanc cut the U.S. steelmaker to “sector weight”, a neutral rating, from “overweight”. Public The move matters because Cleveland-Cliffs is tightly tied to the auto supply chain and U.S. sheet steel pricing, and small swings in costs can hit…

Stock Market Today

  • PAL GROUP Holdings Boosts Year-End Dividend to ¥40, Enhancing Shareholder Value
    January 25, 2026, 9:48 AM EST. PAL GROUP Holdings (TSE:2726) announced a 33% increase in its year-end dividend to ¥40 per share, effective May 27, 2026, reflecting stronger sales and profits for the nine months ended November 2025. The move aims to reinforce the company's commitment to stable, profit-linked shareholder returns amid ongoing governance changes, including adjustments to directors and auditors post board meeting. While the dividend hike partially offsets recent share price weakness, key challenges remain, such as maintaining margins and managing leadership transition. Market analysts highlight a nuanced risk-reward balance, with fair value estimates ranging near ¥2,500, suggesting the stock may still be undervalued by 32% despite governance concerns. Investors are advised to monitor capital allocation and board independence as the company navigates these changes.
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