November 01, 2009 at 17:23 PM EST
(CLF) Weak Third Quarter for Cliffs Natural Resources
Cliffs Natural Resources (CLF), the largest producer of iron ore pellets in the U.S., recorded third-quarter 2009 profits of 45 cents, significantly lower than last year’s earnings of $1.61 per share, on weak iron volumes and prices. However, reported earnings were in contrast to the Zacks Consensus Estimate of a loss of 6 cents. Consistent [...] (CLF) Weak Third Quarter for Cliffs Natural Resources
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