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Stock Market & Financial Investment News

News Breaks
May 2, 2014
05:36 EDTKMTKennametal upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Kennametal to Outperform citing valuation and its belief guidance cuts are done for the "foreseeable future." Wells raised its price target range for shares to $56-$59 from $45-$48.
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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