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Cliffs Q4 profit down but annual profit up 59%

Andrew Topf | February 16, 2012 | 1:46 am Energy Europe Coal Iron Ore 

Despite a drop in net income in the fourth quarter,  Cliffs Natural Resources (NYSE:CLF) is reporting a record profit of $1.6 billion, or $11.48 a share - a 59% increase from a year ago. The Cleveland-based iron ore and coal...

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