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Message: Cliffs Natural Resources Investor Sentiment

The coming week could be key in determining whether investor sentiment improves or continues to suffer.

The week ended March 20, 2015 saw Cliffs Natural Resources (NYSE:CLF) set a new 52-week low and a multi-year low. The common stock closed the week at $4.30 compared to the 52-week low of $4.12, or about the price target set by the analyst at Wells Fargo. The exchange between the CEO and analyst from a recent conference call is shown below.

Stan Dubinsky - Wells Fargo

Great, thanks. Thanks for taking my question. Just in the Q3 looks like pricing was pretty good in the U.S., better than I thought based from the [indiscernible]. Was there any higher price carry returning from the first half, just because I know there were some supply disruptions that pushed H1 into Q3 a little bit. Then I have a couple of…

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Source: SeekingAlpha (March 24, 2015 - 10:15 AM EDT)
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