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- Headwaters has a disappointing quarter
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Headwaters Inc. (HW: 11.66 -2.60 -18.23%) is a company in the midst of a turn around of their major business operations. The company has been hit by the double whammy of the housing construction slow down impacting the construction materials division (50% of sales) and the complete phase out of Section 45K alternative energy business (coal to syngas). The syngas business was propped up by the tax credits which are now gone, but a couple of years ago provided about 40% of the Headwater’s profits.
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Fuente Original
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30 Abril, 2008| Fundamental Analysis |
@ 12:16
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