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CLF posts weak 3Q12 results, reducing 2012 guidance

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DewDiligence Member Level  Wednesday, 10/24/12 07:53:47 PM
Re: DewDiligence post# 105
Post # of 7654 
CLF posts weak 3Q12 results, reducing 2012 guidance for the average price of 62%-Fe seaborne iron ore (CFR China) to $128 from the prior guidance of $145:

http://ih.advfn.com/p.php?pid=nmona&article=54678173

I’ll have more to say after the CC at 10am ET tomorrow.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
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