|Bid||19.95 x 800|
|Ask||19.96 x 800|
|Day's Range||19.87 - 20.43|
|52 Week Range||16.33 - 27.97|
|Beta (5Y Monthly)||2.27|
|PE Ratio (TTM)||3.21|
|Earnings Date||Feb 18, 2020 - Feb 23, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan 11, 2016|
|1y Target Est||31.00|
The sale of Harsco's (HSC) IKG business will complete its efforts to divest the Industrial segment. The transaction will enable the company to focus on growth in the environmental solutions space.
Harsco Corporation (HSC) announced today that it has sold its Houston-based IKG business to KPS Capital Partners, LP (“KPS”) for $85 million in cash and notes, subject to post-closing adjustments. Harsco expects to use the net cash proceeds from the transaction to reduce debt to further strengthen its balance sheet to pursue growth, while the $40 million note is expected to be paid over a number of years. KPS is a global private equity firm with over $11.5 billion under management that makes investments in manufacturing and industrial companies.
KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to purchase the IKG business ("IKG" or the "Company") from Harsco Corporation ("Harsco", NYSE: HSC) for total consideration of $85 million, subject to customary closing adjustments. Upon completion of the transaction, IKG will become the second portfolio company of KPS Special Situations Mid-Cap Fund ("KPS Mid-Cap").
Chart Industries (GTLS) is likely to gain from acquired assets, solid contribution from project activities and a globally diversified business structure.
VANCOUVER , Dec. 17, 2019 /CNW/ - Holly Street Capital Ltd. (the "Company") is pleased to announce that it has completed its initial public offering of 2,500,000 common shares in the capital of the Company (the "Shares") at $0.10 per Share for gross proceeds of $250,000 (the "Offering") pursuant to a Prospectus dated November 29, 2019 (the "Prospectus") filed with the British Columbia , Alberta and Ontario Securities Commissions. The Company's Shares are expected to commence trading as a Capital Pool Company on Tier 2 of the TSX Venture Exchange (the "TSXV") on December 19, 2019 under the symbol HSC.P. Pursuant to the Offering, the Company compensated the Agent as follows: (1) $25,000 cash commission, (2) $10,000 corporate finance fee, and (3) options to purchase up to 250,000 Shares of the Company (the "Agent's Options") at a price of $0.10 per Share exercisable for a period of 24 months from the date the Shares are listed on the TSXV (the "Listing Date").
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Harsco Corporation (HSC) announced today that its Environmental division has made a C$3M investment into Carbicrete, a Canadian technology company developing cement-free, carbon-negative concrete products made with steel slag for the construction industry. The innovation investment will give Harsco Environmental a Board seat in Carbicrete and has been made in conjunction with a C$2.1M grant from the Government of Canada’s Sustainability Development Technology Canada Foundation and applications to further government grant programs. Harsco’s investment will allow for the development of the innovative technology through a demonstration program with support from a commercial concrete block manufacturer as part of a development consortium.
Harsco Corporation (HSC) announced today that its Environmental division has joined ArcelorMittal, Daimler, BMW and others in the world’s first sustainability standard for the steel industry. Steel is the world’s most widely-used material, and those who utilize it in the transport, automotive, infrastructure, packaging, construction, energy and white goods sectors are under increasing pressure to ensure that materials are responsibly-sourced. As the world’s first responsible sourcing certification scheme, ResponsibleSteel aims to help the steel industry meet these expectations.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Clean Earth, A Harsco Company (HSC), today announced that its Detroit water treatment plant is now equipped to accept PFAS- contaminated water, making it one of the first large-scale-PFAS treatment facilities in Michigan. A leader in providing disposal and recycling solutions for contaminated soil, dredged material, and hazardous and non-hazardous materials, Clean Earth’s Detroit plant is one of the first large-scale PFAS water treatment plants in Michigan constructed to treat PFAS and other emerging contaminants.
Harsco Corporation (HSC) announced today that it has sold its Patterson-Kelly (“PK”) business to SPX Corporation (SPXC) (“SPX”) for $60 million in cash, subject to post-closing adjustments. Harsco expects to use the proceeds from the transaction to reduce debt, further strengthening its balance sheet to pursue growth. Following the completion of the transaction, the Company will have sold two of the three businesses that comprised its Industrials segment for a total of approximately $660 million.
Harsco (NYSE:HSC) shares have had a really impressive month, gaining 30%, after some slippage. But shareholders may...
CAMP HILL, Pa., Nov. 01, 2019 -- Harsco Corporation (NYSE: HSC) announced today that Company management is participating in the Baird 2019 Global Industrial Conference in.
Harsco (HSC) delivered earnings and revenue surprises of 2.86% and -8.03%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Q3 GAAP Operating Income of $47 MillionAdjusted Operating Income Excluding Unusual Items and Acquisition-Related Amortization Expense Totaled $57 Million and Adjusted Operating.