Cliffs Natural Resources (CLF) Q1 2012 Earnings Call April 26, 2012 10:00 am ET Executives Steven R. Baisden - Vice President of Investor Relations & Corporate Communications Joseph A. Carrabba - Chairman, Chief Executive Officer and President Laurie Brlas - Chief Financial Officer and Executive Vice President of Global Finance & Administration Analysts Brian Yu - Citigroup Inc, Research Division Timna Tanners - BofA Merrill Lynch, Research Division Unknown Analyst Michael F. Gambardella - JP Morgan Chase & Co, Research Division Sohail Tharani - Goldman Sachs Group Inc., Research Division Jessica Fung - BMO Capital Markets Canada Shneur Z. Gershuni - UBS Investment Bank, Research Division Nathan Littlewood - Crédit Suisse AG, Research Division Jorge M. Beristain - Deutsche Bank AG, Research Division PresentationOperator
Good morning. My name is Shannon and I am the conference facilitator today. I would like to welcome everyone to Cliffs Natural Resources 2012 First Quarter Conference Call. [Operator Instructions] At this time, I would like to introduce Steve Baisden, Vice President of Investor Relations and Communications. Mr. Baisden? Steven R. Baisden Thank you, Shannon. I'd like to welcome everyone to this morning's call. Before we get started, let me remind you that certain comments made on today's call will include predictive statements that are intended to be made as forward-looking within the Safe Harbor protections of the Private Securities Litigation Reform Act of 1995. Although the company believes that its forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially. Important factors that could cause results to differ materially are set forth in reports on Form 10-K and 10-Q and news releases filed with the SEC, which are available on our website.