CSN is an integrated steel producer with global scale and also a miner of iron ore, limestone, dolomite, and maintains stakes in the power and railroad industries. Wait! There's more! They also make cement, manages investment funds, and ports. This is a nice entry point as it is way off it's 52-week high of $52.46. I like the company becau...
CSN Posts 1Q08 Net Income of R$767 Million. Net Revenue Reaches R$3.0 Billion and EBITDA Totals R$1.3 Billion Wednesday May 7, 1:46 am ET SAO PAULO, Brazil, May 7 /PRNewswire-FirstCall/ -- Companhia Siderurgica Nacional CSN (BOVESPA: CSNA3) (NYSE: SID - News ) today its results for the 1Q08: -- CSN posted a 1Q08 net income of R$ 767 million, 51% up on the previous ...
by Zacks We are keeping our Buy recommendation on Companhia Siderurgica Nacional (SID). We are encouraged by the company s solid 2007 results, even though fourth quarter figures were slightly below our expectations. Also, the news regarding the increase in iron ore prices was positive. The economic environment in Brazil remains encouraging despite the Central Bank s recent decision to s...
About Companhia Siderurgica Nacional
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