Shares of the following companies may have unusual moves in U.S. trading tomorrow.
Bed Bath & Beyond Inc. (BBBY) : The home-furnishings retailer may be undervalued as conservative balance-sheet management may be keeping “a lid” on the company’s valuation, Barron’s reported in its “The Trader” column.
Cliffs Natural Resources Inc. (CLF) : North America’s largest iron-ore producer said regulators rebuffed its carbon monoxide remediation plan for the Pinnacle Mine in West Virginia. The plan would have allowed resumption of underground mining operations at Pinnacle, which now won’t restart before the fourth quarter, the company said. Operations were stopped in May.
Regards,
Don
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