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Stock Market & Financial Investment News

News Breaks
April 7, 2014
06:41 EDTKMTKennametal downgraded to Underperform from Neutral at BofA/Merrill
As previously reported, BofA/Merrill downgraded Kennametal to Underperform from Neutral. The firm has concerns regarding margin trends in the core business and the recent Allegheny acquisition and that expectations are overly optimistic. Price target lowered to $42.
News For KMT From The Last 14 Days
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February 19, 2015
08:37 EDTKMTKennametal announces CFO Frank Simpkins to retire effective March 31
Kennametal announced that Vice President and CFO Frank Simpkins will retire from the company effective March 31, 2015. While conducting an external search for Simpkins' successor, the company named Vice President and Corporate Controller Martha Fusco to serve as interim CFO starting Feb. 23, 2015.

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