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Stock Market & Financial Investment News

News Breaks
June 13, 2014
09:23 EDTKMTKennametal reports orders for three months end May up 15%, up 4% organically
Kennametal provided orders for the 3 months ended May 31, reporting that consolidated orders were 15% higher year-over-year, which reflected acquisition growth related to the Tungsten Materials Business. On an organic basis, orders increased 4% from the prior year period. In May, Kennametalís order rates showed increased activity year-over-year in most of its served end markets. Compared with prior year, the Industrial segment delivered solid orders growth in the tooling business, as well as continued strength related to its WIDIA products in the distribution channels. Order rates for the Infrastructure segment were higher than prior year primarily due to improved demand in the energy sector, partially offset by lower production levels in underground mining markets.
News For KMT From The Last 14 Days
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December 12, 2014
09:32 EDTKMTKennametal shares may respond negatively to weaker trends, says Wells Fargo
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09:19 EDTKMTKennametal reports consolidated orders up 4% in three months end November
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