liffs Natural Resources Inc. Reports Third-Quarter 2009 Earnings
Company Reports $666 Million in Revenue and Net Income of $0.45 Per Diluted Share, Notes Significantly Improving Operations and Business Outlook North American Iron Ore Ships 5.5 Million Tons in Quarter, Increases Full-Year Expected Sales Volume to 17.4 Million Tons Asia Pacific Iron Ore Ships 2.6 Million Tonnes in Quarter, Expects Record Volume of 8.5 Million Tonnes in 2009 Company Generates Nearly $155 Million in Cash from Operations During Quarter
--------------------------- Cliffs are sitting on:
$360m in cash $600m in financing/liquidity facility
GWR Price at posting:
33.3¢ Sentiment: Buy Disclosure: Held
