New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
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.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use