Bear Of The Day: Companhia Siderurgica Nacional
Posted on April 12, 2012 at 02:05 AM EDT
Brazilian steel company Companhia Siderurgica Nacional, or CSN (NYSE:SID) posted satisfactory fourth quarter results with EPADR of roughly 31 cents per share, much above the Zacks Consensus Estimate of 20 cents per share. Despite a few positives, there are a few irrefutable downsides pertaining to the stock of the company at present. These downsides include [...]

Brazilian steel company Companhia Siderurgica Nacional, or CSN (NYSE:SID) posted satisfactory fourth quarter results with EPADR of roughly 31 cents per share, much above the Zacks Consensus Estimate of 20 cents per share. Despite a few positives, there are a few irrefutable downsides pertaining to the stock of the company at present.
These downsides include rising costs of goods sold, presence of serious competition and foreign market fluctuations, which are adversely affecting sales of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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