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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