Cliffs Natural Resources Inc. (NYSE:CLF) is taking a $6 billion write-down, mostly related to an ill-timed purchase of a Canadian iron ore mine acquired to supply the then-booming Chinese steel market. Cliffs Natural Resources Inc. (NYSE:CLF) belongs to Basic Materials sector. Its net profit margin is 1.00% and weekly performance is -5.84%. On last trading day company shares ended up $8.54. Cliffs Natural Resources Inc. (NYSE:CLF) distance from 50-day simple moving average (SMA50) is -34.29%.

Takeda Pharmaceutical Company Limited (“Takeda”), its wholly-owned subsidiary Takeda Pharmaceuticals U.S.A., Inc. and Orexigen Therapeutics, Inc. (NASDAQ:OREX) jointly announced today that Contrave® (naltrexone HCI and bupropion HCI) extended-release tablets are now available to patients by prescription in pharmacies across the United States. Orexigen Therapeutics, Inc. (NASDAQ:OREX) shares increased 11.08% in last trading session and ended the day at $4.51. OREX return on assets is -63.40%. Orexigen Therapeutics, Inc. (NASDAQ:OREX) quarterly performance is -15.54%.

On Oct. 14, Alpha Natural Resources, Inc. (NYSE:ANR), plans to report its third quarter 2014 results before the market opens on Thursday, October 30, 2014. On 21 October, Alpha Natural Resources, Inc. (NYSE:ANR) shares fell -5.07% and was closed at $2.06. ANR EPS growth in last 5 year was -30.50%. Alpha Natural Resources, Inc. (NYSE:ANR) year to date (YTD) performance is -71.15%.

Scorpio Tankers Inc. (NYSE: STNG) announced that the Company plans to announce its third quarter 2014 earnings before the market open on Monday, October 27, 2014. Scorpio Tankers Inc. (NYSE:STNG) ended the last trading day at $7.76. Company weekly volatility is calculated as 8.41% and price to cash ratio as 3.74. Scorpio Tankers Inc. (NYSE:STNG) showed a weekly performance of 15.13%.

On Oct 15, Magnum Hunter Resources Corp. (NYSE:MHR) announced that Bakken Hunter, LLC, a wholly-owned subsidiary of the Company, has closed on the previously announced definitive agreement to sell certain non-core, non-operated working interests in specific oil and gas properties located in Divide County, North Dakota (the “Properties”) to an independent exploration and production company for a total sales price of approximately $84.7 million in cash (before customary sales price adjustments). Magnum Hunter Resources Corp. (NYSE:MHR) shares increased 7.43% in last trading session and ended the day at $5.06. MHR Gross Margin is 79.60% and its return on assets is -27.80%. Magnum Hunter Resources Corp. (NYSE:MHR) quarterly performance is -28.23%.