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METALS
Harsco sees growth in 3 units
The metals processing firm said its Q4 earnings surged 46% to $1.23 a share, handily beating views of 85 cents per share. Quarterly revenue rose 3% to $732.5 mil. Sales rose in its access services, engineered products and gas technologies divisions, but mill services sales fell 3%. Harsco surged 8% to 79.22.
Brokerage gives metal firms a lift
UBS raised its base metal and precious metal commodity forecasts, citing expectations of poor supply. Projecting a 31% rise in aluminum prices, a 45% increase in zinc and higher gold prices this year, UBS recommended investors buy Alcoa, Inmet Mining, Inco, Falconbridge and Newmont Mining.
** United States Steel said its ...