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February 25, 2013
07:20 EDTKAMNKaman strategic alliance appears to be "game changer," says Stifel Nicolaus
Stifel Nicolaus thinks that Kaman's strategic alliance with Wajax Industrial, announced last week, could bring revenue and earnings growth without a large investment in inventory or facilities. The firm predicts that Kaman will report higher than expected Q4 EPS but lower than expected revenue, and it maintains a Buy rating on the shares.
News For KAMN From The Last 14 Days
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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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