http://www.wallstreetreporter.com Profitable investing ideas Thu, 09 Feb 2012 18:44:44 +0000 en hourly 1 http://wordpress.org/?v=3.1 © http://www.wallstreetreporter.com/?feed=podcast jmarks@wallstreetreporter.com () jmarks@wallstreetreporter.com() 1440 Just another WordPress weblog jmarks@wallstreetreporter.com No no http://www.wallstreetreporter.com/wp-content/plugins/podpress/images/powered_by_podpress.jpg http://www.wallstreetreporter.com 144 144 http://www.wallstreetreporter.com/2010/09/kennametal-inc-announced-as-pdma-2010-outstanding-corporate-innovator/ http://www.wallstreetreporter.com/2010/09/kennametal-inc-announced-as-pdma-2010-outstanding-corporate-innovator/#comments Wed, 01 Sep 2010 15:06:24 +0000 admin http://www.wallstreetreporter.com/?p=5157 http://www.wallstreetreporter.com/2010/09/kennametal-inc-announced-as-pdma-2010-outstanding-corporate-innovator/feed/ 0 http://www.wallstreetreporter.com/2010/08/customers-recognize-kennametal-for-product-and-service-excellence/ http://www.wallstreetreporter.com/2010/08/customers-recognize-kennametal-for-product-and-service-excellence/#comments Tue, 03 Aug 2010 16:18:06 +0000 admin http://www.wallstreetreporter.com/?p=4831 http://www.wallstreetreporter.com/2010/08/customers-recognize-kennametal-for-product-and-service-excellence/feed/ 0 http://www.wallstreetreporter.com/2010/07/kennametal-ceo-to-serve-as-vice-chairman-of-prominent-manufacturing-alliance/ http://www.wallstreetreporter.com/2010/07/kennametal-ceo-to-serve-as-vice-chairman-of-prominent-manufacturing-alliance/#comments Mon, 12 Jul 2010 15:25:02 +0000 admin http://www.wallstreetreporter.com/?p=4648 http://www.wallstreetreporter.com/2010/07/kennametal-ceo-to-serve-as-vice-chairman-of-prominent-manufacturing-alliance/feed/ 0 http://www.wallstreetreporter.com/2010/05/kennametal-inc-nyse-kmt-ceo-interview-2/ http://www.wallstreetreporter.com/2010/05/kennametal-inc-nyse-kmt-ceo-interview-2/#comments Tue, 04 May 2010 17:29:01 +0000 admin http://www.wallstreetreporter.com/?p=3508 http://www.wallstreetreporter.com/2010/05/kennametal-inc-nyse-kmt-ceo-interview-2/feed/ 0 00:01:01 Kennametal Inc. (NYSE: KMT) Carlos Cardoso, Chairman, President CEO Corporate Profile: Kennametal Inc. is a supplier of tooling, engineered components and advanced materials consumed in production processes. ... Kennametal Inc. (NYSE: KMT) Carlos Cardoso, Chairman, President CEO Corporate Profile: Kennametal Inc. is a supplier of tooling, engineered components and advanced materials consumed in production processes. End users of the Companyrsquo;s products include metalworking manufacturers and suppliers in the aerospace, automotive, machine tool, light machinery and heavy machinery industries, as well as manufacturers and suppliers in the highway construction, coal mining, quarrying and oil and gas exploration. Its end usersrsquo; products include items ranging from airframes to coal, medical implants to oil wells and turbochargers to motorcycle parts. The Company specializes in developing and manufacturing metalworking tools and wear-resistant parts using a specialized type of powder metallurgy. Its metalworking tools are made of cemented tungsten carbides, ceramics, cermets, high-speed steel and other hard materials. The Company operated two global business units consisting of Metalworking Solutions Services Group (MSSG) and Advanced Materials Solutions Group (AMSG). http://www.kennametal.com TRANSCRIPT: WSR: Good day from Wall Street. This is Juan Costello, Senior Analyst with the Wall Street Reporter, and joining us today is Carlos Cardoso, CEO, President and Chairman of Kennametal Inc. The company trades on the New York Stock Exchange, their ticker symbol is KMT, and they are a supplier of tooling and engineering components as well as advanced material consumed in production processes. Thanks for joining us again Carlos. Carlos Cardoso: Thank you Juan, good morning. WSR: Good morning, always good to have you on. Starting off, go over some of the value drivers behind the company's Q3 results, which were able to beat the Street. Carlos Cardoso: Yes, I think the number one driver is actually the manufacturing activity. We've seen positive trends in a lot of the markets that we play in as well as geographies. Obviously, the Industrial Production Index has been up for a while, so we are now experiencing some good positive growth. WSR: Good, so you increased your earnings per share to -- you had an earnings per share of $0.12 as compared to a loss of $1.9 in the last year. Carlos Cardoso: That's correct -- that's on a reported basis, yes. WSR: Right, and as a result, you also increased your guidance for this year -- for the rest of the year. Carlos Cardoso: Yes, we did. We have announced $150 million to $160 million of restructuring costs as well as $150 million to $160 million in benefits from the restructuring. That is actually coming in slightly better than what we thought, so is driving our earnings to a higher level than originally anticipated at the beginning of the year. So we're very pleased to announce -- our results that are actually better than expected, and continue to see strong trends in the topline, which continue to develop better results from an earnings perspective. WSR: Good, and so you also cut up a lot of the losses and a lot of expenses and costs. Carlos Cardoso: That's correct. So going forward, we anticipate to have all the restructuring and -- majority of the restructuring costs and obviously the headwind from the economy behind us. So we can look for clean quarters going forward and we are -- we hope that the industry continues to show the strength that it has so far. WSR: Certainly, and so last interview we conducted last year, you described your company as a two-business concept. Can you explain that to some of our investors that are new to the story as well as kind of walk us through some of your main products and services? Carlos Cardoso: Of course. We have two businesses. One is called MSSG or metalworking, within the metalworking business. So anything that is manufactured uses our products. That is more of an industrial type business. So it follows closely the industrials, and that represents somewhere around 55% of our business, and we have the second business, what's called... CEO,Interview jmarks@wallstreetreporter.com no No http://www.wallstreetreporter.com/2010/02/kennametal-management-meeting-with-financial-community/ http://www.wallstreetreporter.com/2010/02/kennametal-management-meeting-with-financial-community/#comments Fri, 26 Feb 2010 14:54:54 +0000 admin http://www.wallstreetreporter.com/?p=3264 http://www.wallstreetreporter.com/2010/02/kennametal-management-meeting-with-financial-community/feed/ 0 http://www.wallstreetreporter.com/2009/06/kennametal-inc-nyse-kmt-ceo-interview/ http://www.wallstreetreporter.com/2009/06/kennametal-inc-nyse-kmt-ceo-interview/#comments Wed, 10 Jun 2009 14:50:24 +0000 Jack http://www.wallstreetreporter.com/?p=1686 http://www.wallstreetreporter.com/2009/06/kennametal-inc-nyse-kmt-ceo-interview/feed/ 0 17:34 Kennametal Inc. (NYSE: KMT) Carlos Cardoso - Chairman, President CEO Flash Player 9 or higher is required to view the chartClick here to download Flash Player ... Kennametal Inc. (NYSE: KMT) Carlos Cardoso - Chairman, President CEO Flash Player 9 or higher is required to view the chartClick here to download Flash Player now if (typeof(embedWikichart) != "undefined") {embedWikichart("http://charts.wikinvest.com/WikiChartMini.swf","wikichartContainer_DA41A057-1F48-8A15-27E4-CAA2CBDFBDF2","390","245",{"startDate":"10-12-2008","showAnnotations":"true","endDate":"10-06-2009","liveQuote":"true","ticker":"KMT"});} View the full KMT chart at Wikinvest Kennametal Inc. is a supplier of tooling, engineered components and advanced materials consumed in production processes. End users of the Companyrsquo;s products include metalworking manufacturers and suppliers in the aerospace, automotive, machine tool, light machinery and heavy machinery industries, as well as manufacturers and suppliers in the highway construction, coal mining, quarrying and oil and gas exploration. Its end usersrsquo; products include items ranging from airframes to coal, medical implants to oil wells and turbochargers to motorcycle parts. The Company specializes in developing and manufacturing metalworking tools and wear-resistant parts using a specialized type of powder metallurgy. Its metalworking tools are made of cemented tungsten carbides, ceramics, cermets, high-speed steel and other hard materials. The Company operated two global business units consisting of Metalworking Solutions Services Group (MSSG) and Advanced Materials Solutions Group (AMSG). http://www.kennametal.com TRANSCRIPT: WSR: Good day from Wall Street. This is Juan Costello, Senior Analyst with the Wall Street Reporter. Joining us today is Carlos Cardoso, President, Chairman and CEO of Kennametal Incorporated. The company trades on the New York Stock Exchange, the ticker symbol is KMT. Kennametal is a global provider of Metalworking Solutions using tungsten carbide inserts. Thanks for joining us today Carlos. Carlos Cardoso: Good morning Juan. It's my pleasure to be here. WSR: Start up by talking about the deal with Top-Eastern Drills Co. Carlos Cardoso: Yes, we just announced the sale of what we call the high-speed steel business to this company in China. And obviously in the last few years, we have been looking at the company's portfolio and trying to align our portfolio with our core competencies. So we are primarily a tungsten carbide company and this divestiture, the Top-Eastern will allow us to better focus on our core products and allow a good company, in our view, to serve in many cases our customers with that divested product in a very good way. WSR: So, they purchased three of your plants and facilities? Carlos Cardoso: Four plants -- four facilities and obviously, the brands associated with those four facilities. So that will give them a good position in the US to be able to support our customers in the US as well. WSR: Talk about also the award from the Advanced Manufacturing Award that was given to two of your investors, what that signifies for the company. I think it was the eight-year in a row that the company was honored with such an award. Carlos Cardoso: This is the product development investors' award that was given to our company. One of our long-term strategic goals is to have 40% of our sales come from new products. And we have, for the last five years, been consistent at 40% or above. So this company was founded based on a technology, which was the invention of tungsten carbide--application of tungsten carbide. So we continue in the area of innovation and we believe that we can continue to bring higher value to our customers day-in and day-out as a result of our technology investment and developments. We also average 40 to 50 patents per year. So, we are quite an innovative company when it comes to developing new products every year. And as a result of that, we have been recognized pretty much around the globe, but giving a number of awards relative to our product development, processes and achievemen... CEO,Interview jmarks@wallstreetreporter.com no No