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Stock Market & Financial Investment News

News Breaks
February 21, 2013
17:03 EDTKAMNKaman, Wajax Industrial Components form strategic alliance
Kaman Industrial Technologies and Wajax Industrial Components, or WIC, a division of Wajax Corporation, two of North America's leading industrial distributors announced today that they have formed a strategic alliance, strengthening the services offered to customers that have business assets in the U.S., Canada, Mexico and Puerto Rico. While Kaman and WIC will each remain as separate and independent entities, they will join forces to compete for business-to-business and supply agreements with customers in multiple jurisdictions, providing an alternative to country-based supply agreements. The alliance will operate under the name Sourcepoint Industrial.
News For KAMN From The Last 14 Days
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September 18, 2014
08:39 EDTKAMNKaman sees FY14 free cash flow $50M-$55M, CapEx $30M-$35M
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September 12, 2014
20:36 EDTKAMNKaman announces sale of Moosup Facility
Kaman announced that its subsidiary, Kaman Aerospace Corporation, has sold its former manufacturing facility in Moosup, Connecticut, which has been idle since 2004, to TD Development, LLC. In connection with the sale, Kaman will contribute $4M in cash over a four year period to fund environmental remediation work that is expected to be done on the property, and expects to take a related pre-tax charge of approximately $2.2M in the third quarter. Further terms of the transaction were not disclosed.
11:05 EDTKAMNKaman to host investor day
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September 9, 2014
07:10 EDTKAMNGabelli to hold a conference
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