Wednesday, June 27, 2012

Investopedia: Harsco Could Be Troughing

These have been challenging times for industrial conglomerate Harsco (NYSE:HSC). Weak demand for commercial construction and weak funding for infrastructure projects has hurt the company's infrastructure business, while a weak market for European steelmakers has likewise hurt the mill services business. Calling a bottom in non-residential construction or steel is a fool's errand, but odds favor these markets getting better over the next year or two and a new CEO could reverse a disappointing record regarding cash flow generation and asset efficiency.

Please read more here:
http://stocks.investopedia.com/stock-analysis/2012/Harsco-Could-Be-Troughing-HSC-SMS-TMS-MT0627.aspx

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