I just received it in my E-mail Alerts for Cliffs.

Here it is......

Bull
of the Day:




Cliffs Natural Resources Inc. (NYSE: CLF)
is the largest producer of iron ore pellets in the U.S. Cliffs
increasing its international iron ore exposure, recovery in its coal
business and longer-term diversification into the chromium business are
huge positives for the stock.




The company focuses on growing its international exposure in the face of
a consistent decline in North American production. The Wabush
acquisition is consistent with this approach, as production from this
mine will be sold primarily in Europe. The company has recently raised
its iron ore and coal sales and production volumes with steel demand
recovering in the last couple of months.




Separately, Cliffs has also enhanced its financial flexibility by
raising about $347 million through equity followed by compensation
reductions, which should result in annual savings of $37 million.