Kennametal continues to diversify its global footprint and customer base.
CoStar CSGP 9 4 Real Estate Services Financial Engines FNGN 9 48 Asset Management Hibbett Sports HIBB 9 319 Specialty Retail Kennametal KMT 9 N/A Tools & Accessories Acuity Brands AYI 8 3 Electronic Components Avis Budget CAR 8 N/A Rental & Leasing Services
Allegheny Technologies announced that it's selling its tungsten material business to Kennametal for $605 million. The business generated EBITDA of $45.3 million in 2012. We're still digging into the details, but we
company’s annual sales) sectors have been hit particular hard relative to other sectors. MSC’s largest customer Kennametal KMT noted that its order rate on a rolling three-month average for the first-two months of the calendar first-quarter
(Reuters) - Kennametal Inc's quarterly profit missed Wall Street estimates by a wide margin on Wednesday and the industrial toolmaker cut its sales and earnings outlook for the full year, citing...
initiated earlier in the year are leading to significant positive operating leverage. Detractors Machine tool manufacturer Kennametal , Inc. declined along with other cyclical companies in the industrials sector due to fears of global economic weakness
We're dropping coverage of Kennametal KMT. The company is coming off a record third quarter, and ..... in industrial production will lead to increased activity in Kennametal 's end markets, resulting positively on earnings and free
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
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