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Stock Market & Financial Investment News

News Breaks
April 3, 2014
09:05 EDTKEMKemet subsidiary in Italy to sell its machinery division
Kemet's wholly-owned subsidiary, Kemet Electronics Italia, has entered into an agreement to sell the assets and specified liabilities of its Machinery division to Manz AG. The division was originally acquired by Kemet as part of its purchase of Arcotronics Italia S.p.A. in 2007, and manufactures machines for the production of lithium-ion batteries, film capacitors and electrolytic capacitors. As a result of the sale, all 83 division employees will be transferred to Manz. The sale is expected to close no later than April 30, 2014.
News For KEM From The Last 14 Days
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October 30, 2014
08:09 EDTKEMKemet reports Q3 non-GAAP EPS 7c, one estimate 3c
Reports Q3 revenue $215.29M, consensus $208.88M

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