$CLF "Moody's downgrades Cliffs' ratings (CFR to B2 from B1, and Probability of Default to B2-PD from B1-PD ); outlook stable." (Note: in April 2020, Moody's outlook for Cliffs' was "negative." And so, I view the current rating action as somewhat positive. Cliffs is in a transition period. There probably will be an upgrade next year. ) moodys.com/research/Moodys-...
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