Manitowoc (MTW - option chain) shares are rising today after the company announced this morning that it plans to refinance some of its senior secured debt by selling about $400 million in senior unsecured notes. MTW also said it paid down $470 million in debt in 2009, about $20 million more than it expected. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on MTW.MTW opened this morning at $13.62. So far today the stock has hit a low of $13.50 and a high of $14.60. As of 12:00, MTW is trading at $13.99 up 94 cents (7.2%). The chart for MTW looks bullish and S&P gives MTW a positive 5 STARS (out of 5) strong buy ranking.
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Eagle Bulk Shipping
Enodis plc, which got its start in 1910, is a global supplier of food and beverage equipment. Actually, it's been a tasty company for several suitors.

