
Kennametal ( KMT -2.7% ) shares slide after reporting slower April order growth . Demand for the company's drill bits and cutting tools
power over its suppliers, as the company sources products from approximately 3,000 suppliers and of these, the largest ( Kennametal ) accounts for only about 5% of overall sales. As equity markets decreased during the summer, MSC's management repurchased
more innovative products. We characterize the market as highly concentrated at the top, with the major players (Sandvik, Kennametal KMT, and Iscar Metals--a Berkshire Hathaway company) accounting for more than half of industry sales. Though the metal
in the global metalworking market, Kennametal encounters margin pressure from price ..... potentially reducing order rates. Kennametal is vulnerable to rising raw-material ..... of sales outside the United States, Kennametal is susceptible to foreign currency risk
Kennametal ( KMT ): FQ3 EPS of $0.98 beats by $0.05 . Revenue of $696M (+13.2% Y/Y) beats by $16M . ( PR ) Post your comment!
April 26 (Reuters) - Industrial tools maker Kennametal Inc posted a higher quarterly profit, helped by strong sales in its aerospace and defense end markets, and raised the lower end of its full-year profit forecast.
In addition, the company reported strong earnings during the quarter and doubled its dividend. Machine tool manufacturer Kennametal , Inc. reported better sales and margins than analysts expected in the quarter, and management communicated increasing confidence
Feb 9 (Reuters) - Kennametal Inc on Thursday sold $300 million of senior notes, said IFR, a Thomson Reuters service. Bank of America Merrill Lynch, JP Morgan, and RBS were the joint bookrunning...
Feb 9 - Fitch Ratings assigns a rating of 'BBB' to Kennametal Inc.'s ( Kennametal ) (NYSE: KMT) planned issuance of $300 million ..... credit facility and for general corporate purposes. Kennametal 's Issuer Default Rating
Jan 26 - Industrial tools maker Kennametal Inc posted second-quarter profit that beat market expectations on strong growth at its aerospace and defense divisions, and raised its outlook for fiscal...