After reaching a breaking point earlier this month and devastating investors with a 76% dividend cut and the issuance of 9 million common shares, Cliffs Natural Resources (CLF 2.73%) catches a break. Standard & Poor's upgraded its outlook on the beleaguered miner, from negative to stable, last Thursday. Now that Cliffs has removed the dividend pressure, capital will be freed up to align the company for a brighter future. For more details, check out the video below with Motley Fool energy and materials analyst Taylor Muckerman.
