Updating Calgon Carbon Corp., NCR Corp., and Molson Coors Brewing Co.

Article Excerpt

CALGON CARBON CORP. $8 (New York symbol CCC) has sold its solvent recovery business for an undisclosed sum. The sale is part of Calgon’s plans to sell non-core assets and use the cash to pay down debt (0.6 times equity at the end of 2005). Calgon’s water-purification technology has strong growth potential, but the stock will probably move sideways until earnings improve. Hold. NCR CORP. $44 (New York symbol NCR) continues to sell more self-serve checkout systems to retailers, since it lowers their labor costs and cuts customer waiting times. Demand for NCR’s data warehousing services, which collect and analyze customer data, is also growing strongly. Buy for long-term gains. MOLSON COORS BREWING CO. $73 (New York symbol TAP) will likely earn $4.28 a share in 2006, up 8.4% from $3.95 in 2005 as it realizes more savings following the February 2005 merger of brewers Molson Inc. and Adolph Coors Co. The sale of a majority stake in its money-losing Brazilian brewer…

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