NEW YORK, October 25, 2016 /PRNewswire/ --
Stock-Callers.com takes a closer look at four equities in the Industrial Goods space, namely: Kennametal Inc. (NYSE: KMT),
Stanley Black & Decker Inc. (NYSE: SWK), The Timken Co. (NYSE: TKR), and Tutor Perini Corp.
(NYSE: TPC). On October 13, 2016, research firm Charles Schwab has reiterated its "Market Perform"
rating on the sector due to factors such as a slightly improving global manufacturing environment, a brightening European
economy, and China's aggressive response to slowing growth by loosening monetary policy. Learn
more about these stocks by downloading their comprehensive and free reports at:
http://stock-callers.com/registration
Kennametal
On Monday, shares in Pittsburgh, Pennsylvania-based Kennametal Inc. recorded a trading volume
of 1.13 million shares, which was above their three months average volume of 980,530 shares. The stock ended the day at
$29.56, rising 0.31%. The Company's shares have gained 6.10% in the last one month, 18.44% over the
previous three months, and 58.24% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.24% and
25.69%, respectively. Furthermore, shares of Kennametal, which provides wear-resistant products, application engineering, and
services of material science to the industrial production, transportation, earthworks, energy, construction, process industries,
and aerospace sectors worldwide, have a Relative Strength Index (RSI) of 58.72.
On October 10th, 2016, Kennametal announced that it will host a conference call at
8:30 a.m. ET, on October 27th, 2016, to discuss its Q1
FY17 financial results. KMT complete research report is just a click away and free at:
http://stock-callers.com/registration/?symbol=KMT
Stanley Black & Decker
New Britain, Connecticut headquartered Stanley Black &
Decker Inc.'s stock finished yesterday's session 0.16% lower at $119.52 and with a total trading
volume of 877,131 shares. The Company's shares have gained 13.71% on an YTD basis. The stock is trading above its 200-day moving
average by 8.53%. Furthermore, shares of Stanley Black & Decker, which engages in tools and
storage, security, and industrial product businesses in the US, have an RSI of 43.75.
On October 20th, 2016, Stanley Black & Decker
announced that its Board of Directors approved a regular Q4 cash dividend of $0.58 per common
share. This extends the company's record for the longest consecutive annual and quarterly dividend payments among industrial
companies listed on the NYSE. The dividend is payable on December 20th, 2016 to
shareholders of record as of the close of business on December 2nd, 2016. The
complimentary report on SWK can be downloaded at:
http://stock-callers.com/registration/?symbol=SWK
Timken
At the closing bell on Monday, shares in North Canton, Ohio headquartered The Timken Co. saw
a slight drop of 0.17%, ending the day at $34.40. The stock recorded a trading volume of 423,728
shares. The Company's shares have advanced 3.43% in the last one month, 8.37% in the previous three months, and 23.24% since the
start of this year. The stock is trading 1.44% above its 50-day moving average and 8.02% above its 200-day moving average.
Moreover, shares of Timken, which engineers, manufactures, and markets bearings, transmissions, gearboxes, and chain and related
products worldwide, have an RSI of 50.07.
On October 5th, 2016, Timken announced that it will release its Q3 2016 financial
results on October 27th, 2016, prior to the opening of the NYSE. The company will host a
conference call that day to discuss its financial performance with investors and securities analysts. Sign up for your
complimentary research report on TKR at:
http://stock-callers.com/registration/?symbol=TKR
Tutor Perini
Sylmar, California headquartered Tutor Perini Corp.'s stock ended the day 0.52% higher at
$19.25. A total volume of 865,976 shares was traded, which was above their three months average
volume of 453,310 shares. The Company's shares have gained 14.99% on an YTD basis. The stock is trading 0.55% above its 200-day
moving average. Additionally, shares of Tutor Perini, which provides diversified general contracting, construction management,
and design-build services to private customers and public agencies worldwide, have an RSI of 34.23.
On October 24th, 2016, Tutor Perini announced that it is offering $500 million in aggregate principal amount of Senior Notes due 2024 in a private offering. The Company intends
to use the net proceeds from this offering, together with borrowings under a new revolving credit facility, to redeem its
outstanding 7.625% Senior Notes due 2018, to pay off its existing term loan and existing revolver and to pay related transaction
fees and expenses related to the offering. The Company intends to redeem all of the outstanding 2018 Notes pursuant to the
indenture governing the 2018 Notes, at a redemption price equal to 100% of the principal amount thereof, plus accrued and unpaid
interest to the date of redemption.
On October 24th, 2016, research firm Seaport Global Securities upgraded the Company's
stock rating from 'Accumulate' to 'Buy', issuing a target price of $26 per share. Get free access
to your research report on TPC at:
http://stock-callers.com/registration/?symbol=TPC
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SOURCE Chelmsford Park SA