Replies to post #3304 on The Rising Influence of Rising Affluence

[DewDiligence]

CLF’s BoD authorizes new 4M-share buyback:

http://finance.yahoo.com/news/Cliffs-Natural-Resources-Inc-prnews-3938889567.html?x=0&.v=1

If fully implemented, the buyback will reduce the number of shares outstanding by about 3%. The buyback authorization runs through 12/31/12.