On Tuesday, Shares of Cliffs Natural Resources Inc (NYSE:CLF), subtract -2.45% and closed at $5.58 in the last trading session. The last trading range of the stock ranges between $5.48 and $5.65. The company’s Market capitalization is $1.30 Billion with the total Outstanding Shares of 228.31 million. During the 52-week trading session the minimum price at which share price traded, registered at $1.20 and reached to max level of $8.45. Cliffs Natural Resources Inc. is a leading mining and natural resources company in the United States. The Company is a major supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. Cliffs also operates an iron ore mining complex in Western Australia. Driven by the core values of safety, social, environmental and capital stewardship, Cliffs’ employees endeavor to provide all stakeholders operating and financial transparency.
TD Ameritrade Holding Corp. (NASDAQ:AMTD), dropped -0.53% and closed at $35.71 in the last trading session. The last trading range of the stock ranges between $35.39 and $36.04. During the 52-week trading session the minimum price at which share price traded, registered at $24.88 and reached to max level of $37.90. TD Ameritrade, Inc. (“TD Ameritrade”), a broker-dealer partner of TD Ameritrade Holding Corporation (AMTD) is recently releasing the Shareholder Movement Index® reading for September 2016. The Shareholder Movement Index, or the IMXSM, is a proprietary, behavior-based index created by TD Ameritrade that aggregates Main Street shareholder positions and activity to measure what shareholders are actually doing and how they are positioned in the markets.
The IMX rose 4.37% percent to 5.49 in September as retail shareholders raised their equity exposure for a second month. Despite a brief spike mid-month, volatility of the S&P 500 remained low, assisting to drive up relative volatility in some widely held positions.
“Clients were net buyers in September, increasing their equity exposure throughout the month,” said JJ Kinahan, chief market strategist for TD Ameritrade. “Together with the high relative volatility of some widely held positions, the IMX soared to its highest point in two years at a time when the major equity markets were at or near their all-time highs as well. As earnings season gets underway in earnest this month, and the election looms, it will be interesting to watch whether clients change up some of their investment decisions after a couple months of volatility being quiet.”
On the otherhand American Express Company (NYSE:AXP), lost -1.68% and closed at $60.86 in the last trading session. The last trading range of the stock ranges between $60.55 and $61.70. The company’s Market capitalization is $56.35 billion with the total Outstanding Shares of 923.78 million. During the 52-week trading session the minimum price at which share price traded, registered at $50.27 and reached to max level of $77.61. Recently American Express (AXP) is announcing an expansion of the travel benefits that have assisted make the Platinum Card the category leader for more than 30 years. Starting October 6, consumers with a Platinum Card from American Express will receive 5X Membership Rewards points on airfare booked directly with airlines or through American Express Travel.
“Travel is an important part of our Card Members’ lives and it’s becoming even more so for a new generation who are global and drawn to the access, experiences and service that come with American Express® Membership,” said Denise Pickett, president, U.S. consumer services for American Express. “Our new travel benefits come just before the busiest travel season and offer valuable rewards to Card Members. You’ll see further enhancements for Platinum and Business Platinum Card Members and new programs that leverage the expanded network of small business merchants who now welcome American Express. We also plan to continue building on the success we’ve had throughout the year in acquiring new customers across all our Card products.”