FORTESCUE METALS (FSUMF US $5.04; rating lowered to NEUTRAL from OVERWEIGHT; price target same at $5) PRICE APPRECIATION, LOWER REALIZED IRON ORE PRICE ESTIMATES AND A BIT HIGHER THAN EXPECTED OPERATING COSTS LOWER EARNINGS; “IRONN BRIDGE JV” 10/25/2013

FORTESCUE METALS (FSUMF US $5.04; rating lowered to NEUTRAL from
OVERWEIGHT; price target same at $5) PRICE APPRECIATION, LOWER
REALIZED IRON ORE PRICE ESTIMATES AND A BIT HIGHER THAN
EXPECTED OPERATING COSTS LOWER EARNINGS; “IRONN BRIDGE JV” 10/25/2013