Sweden's Sandvik, the world's biggest maker of metal-cutting tools, on Monday reported quarterly order intake ahead of market forecasts while its core profit slightly lagged analysts' expectations.

Machinery names lag as Wells warns of demand drop

08:00pm, Thursday, 16'th Apr 2020
Wells Fargo lowers estimates for several machinery companies including Caterpillar (CAT +1%), Deere (DE -3.9%), Eaton (ETN -0.5%) and AGCO (AGCO -6.2%), citing "previously incomprehensible" de
Link3D, RAPID + TCT, AeroDef & 3Dnatives have announced the industry's first 26.2-hour Digital Additive Manufacturing Marathon (DAMM) online conference. The online event, accessible regardless of glob
Alpha Windward LLC purchased a new position in Kennametal Inc. (NYSE:KMT) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 15,300 shares of t
Wells Fargo analyst Andy Casey maintained a Buy rating on Illinois Tool Works (ITW) yesterday. The company's shares closed last Wednesday at $152.70.
Wells Fargo analyst Andy Casey maintained a Buy rating on Illinois Tool Works (ITW – Research Report) yesterday. The company’s
Kennametal Inc. (NYSE:KMT) shareholders should be happy to see the share price up 28% in the last month. But that...
Could Kennametal Inc. (NYSE:KMT) be an attractive dividend share to own for the long haul? Investors are often drawn...
Macquarie Group Ltd. purchased a new stake in Kennametal Inc. (NYSE:KMT) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 13,073 shares of th
The big shareholder groups in Kennametal India Limited (NSE:KENNAMET) have power over the company. Institutions will...
Eaton (ETN -4.4%) is downgraded to Neutral from Overweight with a $91 price target, cut from $110, at J.P. Morgan, which says it sees "less upside potential for diversified industrials" from c
Norges Bank purchased a new position in shares of Kennametal Inc. (NYSE:KMT) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 985,755 shares of the industrial
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