Corporate Growth and Expansions: New Research on KB Home, Kemet, Kennametal, Keysight Technologies, and L.S. Starrett
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, January 19, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including KB Home (NYSE: KBH), Kemet (NYSE: KEM), Kennametal (NYSE: KMT), Keysight Technologies (NYSE: KEYS), and L.S. Starrett (NYSE: SCX). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
KBH Research Report: ( http://get.analystsreview.com/pdf/?c=KB%20Home&d=19-Jan-2015&s=KBH ),
KEM Research Report: ( http://get.analystsreview.com/pdf/?c=Kemet&d=19-Jan-2015&s=KEM ),
KMT Research Report: ( http://get.analystsreview.com/pdf/?c=Kennametal&d=19-Jan-2015&s=KMT ),
KEYS Research Report: ( http://get.analystsreview.com/pdf/?c=Keysight%20Technologies&d=19-Jan-2015&s=KEYS ),
SCX Research Report: ( http://get.analystsreview.com/pdf/?c=L.S.%20Starrett&d=19-Jan-2015&s=SCX ).
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Analyst Update: Quarterly Results,New Residential Community,Upcoming Earnings, and Esteemed Recognitions
Reviewed by: Rohit Tuli, CFA®
The U.S. market snapped its five-day long losing streak on Friday, helped by rebound in the energy shares and a jump in the consumer sentiment index to 11-year high levels. The University of Michigan preliminary consumer sentiment index for January 2015 rose to 98.2, beating the median forecast of 94.1 that came from economists surveyed by Bloomberg. Energy stocks rallied sharply on Friday, following a rise in the oil prices, helping the S&P 500 index gain 1.34% to close at 2,019.42. The Dow Jones Industrial Average rose 1.10% to close at 17,511.57, and the Nasdaq Composite gained 1.39% to close at 4,634.38. Meanwhile, European equity markets closed mostly higher on Friday, while Swiss market remained under pressure after the Swiss National Bank's move to scrap its three-year old ceiling on franc. In Asia, the markets ended mostly lower as investors fled to safe-haven assets after the Swiss central bank's move.
KB Home announced the grand opening of its Southgate Community in Gibsonton. Situated near I-75 and the Selmon Expressway, the new KB homes are at a prime location in Hillsborough County, providing homebuyers with an opportunity to live in a convenient location with easy access to the area's major highways and employment corridors.
Kemet Corporation (Kemet) to release earnings for the third quarter fiscal 2015 on January 29, 2015. The Company has also scheduled a conference call to discuss the results at 9:00 a.m. (EST) on the same day. For Q3 FY 2015, the Company expects net sales to range from $204 million to $210 million and adjusted gross margin between 20% and 22%.
Industrial technology leader Kennametal Inc. (Kennametal) received recognition at the 2014 BMW Supplier Innovation Awards in the productivity category. In addition, the Company was recognized for 30 years of its partnership with BMW. Amongst reasons cited for the honor, BMW acknowledged the Company's innovative new tooling that increased productivity in the manufacture of engine blocks at BMW's Steyr, Austria production facility.
Keysight Technologies Inc. (Keysight Technologies) reported preliminary Q4 FY 2014 results with revenues of $762 million, up 8% YoY. The Company's orders for the quarter grew 2.4% YoY to a value of $760 million. For full-year FY 2014, revenues increased 2% YoY to $2.9 billion. Keysight Technologies also provided guidance for Q1 FY 2015.
L.S. Starrett Company (L.S. Starrett) recorded a significant growth in its bottom line, with net income of $0.13 per diluted share in the first quarter of fiscal 2015 compared to a net income of $0.03 per diluted share in first quarter of fiscal 2014. The improved performance was led by higher revenue and improved gross margins.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
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