Kennametal Inc (KMT.N) Key Developments | Reuters.com
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Kennametal Inc (KMT.N)

KMT.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kennametal Inc declares quarterly cash dividend
Thursday, 29 Jan 2015 08:00am EST 

Kennametal Inc:Declared quarterly cash dividend of $0.18 per share.Dividend is payable Feb. 25 to shareholders of record as of close of business on Feb. 10.  Full Article

Kennametal names Don Nolan Chief Executive Officer
Monday, 17 Nov 2014 08:40am EST 

Kennametal Inc:Appoints Donald (Don) A. Nolan as the company's President, Chief Executive Officer (CEO) and member of the board of directors.Elects William R. Newlin as Chairman of the board, both effective Nov. 17.  Full Article

Kennametal Inc lowers FY 2015 guidance
Thursday, 30 Oct 2014 08:02am EDT 

Kennametal Inc:Updates FY 2015 guidance.Expects FY 2015 total sales growth in the range of 2-4 pct with organic sales growth of 1-3 pct.Previously, the company had forecast total sales growth in the range of 5-7 pct with organic sales growth of 3-5 pct.Expects FY 2015 EPS in the range of $2.80-$3.00compared with prior expectation of $2.90-$3.20.Reported revenue of $2.837 bln in FY 2014.FY 2015 revenue of $3.017 bln and EPS of $3.00 - Thomson Reuters I/B/E/S.  Full Article

Kennametal Inc declares quarterly cash dividend
Thursday, 30 Oct 2014 08:00am EDT 

Kennametal Inc:Declares quarterly cash dividend of $0.18 per share.Payable on Nov. 25.Says to shareowners of record as of the close of business on Nov. 11.  Full Article

Kennametal Inc's CEO Cardoso to retire in December
Tuesday, 19 Aug 2014 08:10am EDT 

Kennametal Inc:Says Chairman, President and CEO Carlos Cardoso has decided to retire effective Dec. 31.  Full Article

Kennametal Inc gives FY 2015 outlook below analysts' estimates
Thursday, 31 Jul 2014 08:00am EDT 

Kennametal Inc:Expects FY 2015 organic sales growth ranging from 3 to 5 pct, with total sales growth between 5 and 7 pct.Expects consolidated EPS to range from $2.90 to $3.20 in FY 2015.Reported revenue of $2.837 bln in FY 2014.FY 2015 revenue of $3.105 bln, EPS of $3.34 - Thomson Reuters I/B/E/S.  Full Article

Kennametal Inc declares quarterly cash dividend
Thursday, 31 Jul 2014 08:00am EDT 

Kennametal Inc:Declared a quarterly cash dividend of $0.18 per share.Dividend is payable Aug. 26 to shareowners of record as of the close of business on Aug. 12.  Full Article

BRIEF-Kennametal signs $600 mln 5-year credit agreement

* Kennametal signs five-year loan agreement with enhanced covenants