NEM - Insider Buy At AXIS Capital; Cleveland-Cliffs Gets Downgraded; Newmont Confirms 5-Year Deal And More | Benzinga
Top Stories for Feb. 8, 2024:
1. AXIS Capital Holdings Limited (NYSE: AXS) director Stanley A. Galanski made an insider purchase, acquiring 7,000 shares at an average price of $58.45, for a total of roughly $409,150.
2. Argus Research analyst David Coleman downgraded Cleveland-Cliffs Inc. (NYSE: CLF) from Buy to Hold, saying, "earnings are in a down cycle due to pricing.”
3. ArcelorMittal announced fourth-quarter and full-year results for 2023. After an accident at the Kostenko mine on Oct. 28, 2023, that significantly impacted performance, the company has made health and safety a priority, commissioning dss+ Consulting to conduct an independent company-wide safety audit of its operations.
ArcelorMittal reported $7.6 billion in ...