Thomson Reuters






July 23 (Reuters) - Cliffs Natural Resources Inc,
facing off against an activist fund that wants to replace its
chief executive, reported a quarterly loss on Wednesday on
weaker commodity prices and a decline in sales volumes.


The U.S.-based iron ore and metallurgical coal producer
reported a net loss of $2 million, or 1 cent a share, in the
three months ended in June, swinging from a profit of $133
million, or 82 cents a share, in the second quarter a year
earlier.