The Rising Influence of Rising Affluence

[DewDiligence]

CLF showed its cards by pre-announcing 4Q11 results and giving 2012 guidance on 1/28/12 (#msg-71437952), so today’s PR (http://ih.advfn.com/p.php?pid=nmona&article=51214894&symbol=CLF ) doesn’t change anything of consequence, IMO. Still, I plan to post the 4Q11 PR with annotations and perhaps some CC notes after the CC tomorrow morning.

p.s. VALE’s 4Q11 results are also out (http://www.reuters.com/article/2012/02/16/vale-idUSL2E8DFN3W20120216 , http://online.wsj.com/article/SB10001424052970204880404577225694277186640.html ). CC at 9am ET tomorrow (right before CLF’s CC).