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Message: Cliffs Natural profit, revenue drops with iron ore prices




Thomson Reuters






July 25 (Reuters) - Miner Cliffs Natural Resources Inc
reported a fall in second quarter profit on Thursday as
global iron ore prices slid and some costs rose, weighing on its
margins.


Net income attributable to common shareholders dropped to
$133.1 million, or 82 cents a share, from $258.0 million, or
$1.81 a share, a year earlier.


The iron ore and metallurgical coal miner's revenue fell to
$1.49 billion from $1.58 billion.

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