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Stock Market & Financial Investment News

News Breaks
January 24, 2013
14:17 EDTKMTKennametal pullback a buying opportunity, says Barrington
Barrington believes Kennametal's organic volumes are currently bottoming and recommends buying the stock on today's pullback. The firm thinks Kennametal can see strong earnings over the next few years following this morning's guidance reset and keeps an Outperform rating on the stock.
News For KMT From The Last 14 Days
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October 30, 2014
08:07 EDTKMTKennametal raises FY15 restructuring benefits view to $20M-$25M
kennametal now expects restructuring pre-tax benefits of $20M-$25M. Total restructuring pre-tax benefits are now estimated to be in the range of $50M-$55M and total pre-tax charges in the range of $55M-$60M through fiscal 2016, which is consistent with the previously stated period.
08:05 EDTKMTKennametal lowers FY15 EPS view to $2.80-$3.00 from $2.90-$3.20, consensus $3.00
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08:03 EDTKMTKennametal reports Q1 adjusted EPS 56c, consensus 55c
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