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Worth Watching Stocks: Cliffs Natural Resources Inc. (NYSE:CLF), eBay Inc. (NASDAQ:EBAY), Cisco Systems, Inc. (NASDAQ:CSCO), International Business Machines Corporation (NYSE:IBM)

Worth Watching Stocks: Cliffs Natural Resources Inc. (NYSE:CLF), eBay Inc. (NASDAQ:EBAY), Cisco Systems, Inc. (NASDAQ:CSCO), International Business Machines Corporation (NYSE:IBM)
Written by
Charles Donlon
Published on
October 15, 2014
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Cliffs Natural Resources Inc. (NYSE:CLF), the U.S. iron ore producer cut to junk by Standard & Poor’s last week, said it’s in talks with steel makers about selling a stake in its Bloom Lake mine in Canada. Cliffs Natural Resources Inc. (NYSE:CLF) in last trading activity advanced 9.94% to close at $9.07. Company weekly performance is 16.73% while its quarterly performance stands at -42.30%. Cliffs Natural Resources Inc. (NYSE:CLF) is -68.02% away from its 52 week high.eBay Inc. (NASDAQ:EBAY) is scheduled to be announcing its Q314 earnings results on Wednesday, October 15th. Analysts expect the company to announce earnings of $0.67 per share and revenue of $4.37 billion for the quarter. eBay has set its Q3 guidance at $0.65-0.67 EPS and its FY14 guidance at $2.95-3.00 EPS. On last trading day eBay Inc. (NASDAQ:EBAY) advanced 0.26% to close at $50.59. Its volatility for the week is 1.93% while volatility for the month is 1.83%. EBAY's sales growth for past 5 years was 13.40% and its EPS growth for past 5 years was 9.90%. eBay Inc. (NASDAQ:EBAY) monthly performance is -0.73%.A marquee name in the technology industry said Tuesday that it is buying Columbia-based Sourcefire — a homegrown player in the hot cybersecurity field — for $2.7 billion cash. Cisco Systems, Inc. (NASDAQ:CSCO) wants to bolster its security offerings with Sourcefire products, which protect the computers and networks of major businesses and government agencies. The Silicon Valley firm — eager to tap new talent and increase its footprint in the East Coast's major cyber hub — said Sourcefire's headquarters will remain in Columbia and it does not plan any job cuts. Cisco Systems, Inc. (NASDAQ:CSCO) in last trading activity advanced 0.55% to close at $23.06. Company weekly performance is -6.43% while its quarterly performance stands at -10.57%. Cisco Systems, Inc. (NASDAQ:CSCO) is -10.91% away from its 52 week high.International Business Machines Corporation (NYSE:IBM) and SAP have a long history of working together and have just announced a new deal to accelerate enterprise cloud adoption. IBM already makes SAP available across much of its existing server estate such as x86 and AIX. This announcement not only deepens that relationship but also means there will be a lot more cross selling. On a call around the announcement, Jim Comfort, General Manager, IBM Cloud Services made it clear that both IBM and SAP would be pushing this deal to customers. International Business Machines Corporation (NYSE:IBM) has 0.10% insider ownership while its institutional ownership stands at 59.00%. In last trading activity company's stock closed at $183.80.USA Truck appointed Gary R. Enzor, chairman and chief executive officer of Quality Distribution Inc. (NASDAQ:QLTY), to its board of directors this week. Enzor succeeds Terry A. Elliott, who retired after serving as a director since 2003. On Tuesday shares of Quality Distribution Inc. (NASDAQ:QLTY) closed at $11.04. Company's sales growth for last 5 years was 2.70% and EPS growth for next 5 years is recorded as 14.05%.

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