Manitex International, Inc. MNTX has sold its Liftking subsidiary for $ 14.0 million to focus on its higher margin core lifting businesses as well as cutting down debt. The net cash proceeds of approximately $ 13.3 million from the sale will be utilized to pay downs of its North American bank debt. Manitex shares gained… Read More: Manitex (MNTX) Divests Liftking Subsidiary to Pay Back Debt »
Most investors believe that one has to bear risks for achieving higher returns. Of course this rule works brilliantly when the market is on a bull run. But investors also have to think of how to navigate a bearish territory. Hence, it is better to create a low risk portfolio, so that the chosen stocks… Read More: 5 Low Beta Stocks to Endure a Volatile Market »
Shareholders of CF Industries Holdings Inc (Symbol: CF) looking to boost their income beyond the stock’s 4.8% annualized dividend yield can sell the May 2017 covered call at the $ 30 strike and collect the premium based on the $ 1.29 bid, which annualizes to an additional 8.4% rate of return against the current stock… Read More: How To YieldBoost CF Industries Holdings From 4.8% To 13.2%… »