Cliffs Natural sees quick pop following headlines suggesting asset sales• 2:57 PM
Carl Surran, SA News Editor
- Cliffs Natural Resources (CLF +0.7%) CEO Lourenco Goncalves says he is not under any deadline to sell non-core assets, and urges investors to be patient.
- On S&P's downgrade of CLF's credit rating, mostly because of falling iron ore prices, the CEO says the rating agency is "predicting the past."
- CLF’s share price has fallen by more than half since Goncalves took over in August.