Kennametal expects to close three to five plants within the next four years in a $100 million cost reduction and efficiency program that is being billed as the second generation of its transformation ...
What Happened? A number of stocks jumped in the afternoon session after markets rotated into defensive names to position ...
Kennametal’s fair value estimate has recently been increased from $23.63 to $25.25 per share, following upbeat earnings and raised revenue projections. This price target revision comes along with a ...
Industrial materials and tools company Kennametal (NYSE:KMT) will be reporting results tomorrow morning. Here’s what you need to know. Kennametal missed analysts’ revenue expectations by 1% last ...
We believe that the stock price of Kennametal (NYSE: KMT), a tooling and industrial materials supplier, looks fully valued at current levels of around $38. KMT stock has risen 2.5x from levels of ...
GRANT, Alabama - The largest employer in Grant will close its doors by September. Kennametal officials confirmed Thursday morning they will relocate operations in Marshall County to other North ...
Kennametal Inc. could close its Carbidie manufacturing operations in Hempfield, potentially shuttering yet another of the industrial toolmaker’s Westmoreland County plants. “No final decisions have ...
Feb 6 (Reuters) - Industrial toolmaker Kennametal (KMT.N), opens new tab allegedly stole former software partner MachiningCloud's trade secrets to build a competing sales platform, according to a ...
Kennametal remains a compelling "Buy," with shares up 33% since August, outperforming the S&P 500. KMT's growth is driven by strong aerospace, defense, and energy demand, plus strategic expansion in ...
Kennametal Inc. said Thursday it will close its Carbidie manufacturing plant in Hempfield as part of its overall restructuring that includes shutting down two manufacturing plants in Germany and a ...