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Kennametal reports loss for 2015

2015-07-30 16:29:05| Industrial Machines - Topix.net

Fiscal fourth quarter profits fell 53 percent for Latrobe toolmaker Kennametal and the company reported a loss for all of fiscal 2015. The company reported net income for its fiscal fourth quarter of $21.1 million, or 26 cents per diluted share vs. earnings of $45.5 million, or 57 cents per share, in the year-ago quarter.

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