Saturday, June 28, 2014

Best Life Sciences Companies To Invest In 2015

Best Life Sciences Companies To Invest In 2015: Harsco Corp (HSC)

Harsco Corporation, incorporated on February 28, 1956, is a diversified, multinational provider of industrial services and engineered products serving global industries. The Company operates in four segments: Harsco Metals & Minerals, Harsco Infrastructure, Harsco Rail and Harsco Industrial. The Company's principal lines of business include outsourced, on-site services to steel mills and other metals producers; resource recovery technologies for the re-use of industrial waste stream by-products; industrial abrasives and roofing granules; engineered scaffolding, concrete forming and shoring, and other access-related services, rentals and sales; railway track maintenance services and equipment; industrial grating products; air-cooled heat exchangers, and heat transfer products. In January 2014, the Company acquired Hammco Corp.

Harsco Metals & Minerals Segment

The Harsco Metals & Minerals Segment is a provider of on-site, outsourced services to the global metals industries. The Metals business provides its services and solutions on a long-term contract basis, supporting each stage of the metal-making process from initial raw material handling to post-production slag processing and metal recovery. The Minerals business extracts metallic content from stainless steel by-products and also specializes in the development of minerals technologies for commercial applications, including agriculture fertilizers. The Minerals business also produces industrial abrasives and roofing granules from power-plant utility coal slag at a number of locations throughout the United States. Harsco Minerals' BLACK BEAUTY abrasives are used for industrial surface preparation, such as rust removal and cleaning of bridges, ship hulls and various structures. Roofing granules are sold to residential roofing shingle manufacturers, primarily for the replacement roofing market. As of December 31, 2012, the Harsco Metals & Minerals Se! gment operated in approximately 35 countries. During the year ended December 3! 1, 2012, the Harsco Metals & Minerals Segment generated 46% of the Companys total revenue.

Harsco Infrastructure Segment

The Harsco Infrastructure Segment is global organization for the rental and sale of engineered scaffolding, shoring, concrete forming and other access-related solutions for construction projects as well as industrial plant maintenance programs. The Segment operates from a network of branches throughout the world, including North America, Latin America, Europe, the Gulf Region of the Middle East, Africa and Asia-Pacific. The services include the provision of concrete shoring and forming systems; scaffolding for non-residential and infrastructure construction projects and industrial maintenance requirements, and a variety of other infrastructure services including project engineering and design, equipment erection and dismantling services, industrial insulation and painting services and equipment sales. During 2012, the Harsco In frastructure Segment generated 31% of the Companys total revenue.

Harsco Rail Segment

The Harsco Rail Segment is a global provider of equipment and services for the maintenance, repair and construction of railway track. The Segment's equipment and services support private and government-owned railroads and urban transit systems worldwide. The Segment's rail products are produced in three countries and products and services are provided worldwide. During 2012, the Harsco Rail Segment generated 11% of the Companys total revenue.

Harsco Industrial Segment

Harsco Industrial Segment includes the Harsco Industrial IKG, Harsco Industrial Air-X-Changers and Harsco Industrial Patterson-Kelley businesses. Approximately 90% of this Segment's revenues originate in North America. Harsco Industrial IKG manufactures a line of industrial grating products at several plants in the United States and international plants ! located i! n Mexic o and China. These products include a range of bar grating c! onfigurat! ions, which are used mainly in industrial flooring, as well as safety and security applications in the energy, paper, chemical, refining and processing industries.

Harsco Industrial Air-X-Changers is a supplier of custom-designed and manufactured air-cooled heat exchangers for the natural gas industry from plants in the United States and Australia. Harsco Industrial Air-X-Changers' heat exchangers are the primary apparatus used to condition natural gas during recovery, compression and transportation from underground reserves through the pipeline distribution channels. Harsco Industrial Patterson-Kelley is a manufacturer of heat transfer products, such as boilers and water heaters for commercial and institutional applications. During 2012, the Harsco Rail Segment generated 12% of the Companys total revenue.

Advisors' Opinion:
  • [By Ben Levisohn]

    Shares of Harsco (HSC) have gained today after BB&T Capital Markets upgraded its shares to Buy from Hold.

    Analysts Robert Norfleet III and Basil Jones III explain the decision to raise their rating:

    We believe that the strategic transformation of HSC’s portfolio, as evidenced by the recently announced sale of its Infrastructure segment, as well as additional best practices and productivity enhancements (LEAN, etc.) should result in improved financial metrics, valuation, and, ultimately, a less complex business structure. While our non-consensus call is not primarily based on an expedited improvement in financial performance, it is a reflection of our confidence in the new management team and its ability to deliver value to shareholders through asset repositioning, improved ROICs and free cash flow generation. HSC remains a “turnaround story,” but we believe the market is underestimating out-year earnings growth, which will be driven by the Brand Energy JV, lower corporate expenses, improved margins in Me! tals &! ; Minerals and the likelihood of an accretive acquisition.

    Shares of Harsco have gained 4.7% to $26.43 today at 1:16 p.m., outpacing other construction & engineering companies. Dycom (DY) has advanced 0.5% to $30, KBR Inc. (KBR) has ticked up 0.1% to $33.03, Worthington Industries(WOR) has risen 2.8% to $38.85and Tutor Perini (TPC) has rallied 3.6% to $22.46.

  • [By Rich Smith]

    Barry Malamud's long tour of duty as interim chief financial officer at Harsco (NYSE: HSC  ) has come to an end.

    On Monday, the Camp Hill, Pa.-based metals company announced that it is hiring F. Nicholas Grasberger as its new CFO, effective April 22. On that date, Malamud will resume his prior position as vice president and corporate controller for the company.

  • source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-life-sciences-companies-to-invest-in-2015.html

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