CLEVELAND, Feb. 16, 2011 /CNW/ --
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- Full-Year Revenues Double to a Record $4.7 Billion, with Net Income of
Over $1 Billion, or $7.49 Per Diluted Share
- Cash from Operations Increases More Than 600% to $1.3 Billion, from $186
Million in 2009
- Record Iron Ore Sales Volume Achieved in North America and Asia Pacific
- Fourth-Quarter Revenues Reach a Record $1.4 Billion, With Net Income of
$384 Million, or $2.82 Per Diluted Share
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Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today reported fourth-quarter and full-year results for the period ended Dec. 31, 2010. Record full-year revenues of $4.7 billion increased $2.3 billion, or over 100%, from the previous year. Full-year operating income increased to $1.3 billion, up 450
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