CF Industries Shares Touch Record High: The Loeb Effect?

CF Industries Holdings, Inc. (NYSE:CF) caused a flutter on “Ag Day” at the Citi organized Basic Materials Conference when its presentation revealed that it was considering adopting a MLP structure as one of its financing options.

Here is the slide from its presentation:

In another slide the company said it was considering improving its dividends and expected to have significant additional cash flow available to give to shareholders:

CF Industries touches record high

The announcements electrified the staid fertilizer stock last week – on Wednesday it opened with a solid upside gap and touched a record high of $237.30.

It may be recalled that shareholder activist...