SDVKY News and Press, Sandvik AB ADR From 07/09/20

STOCKHOLM , July 9, 2020 /PRNewswire/ -- Sandvik Mining and Rock Technology has signed an agreement to acquire Allied Construction Products LLC (Allied), a US distributor of hydraulic hammers to the construction and mining industries and manufacturer of compactor plates and mounting brack...

SANDVIKEN, Sweden , June 29, 2020 /PRNewswire/ -- As previously communicated Sandvik has initiated measures across the group to mitigate effects from the COVID-19 pandemic, with actions supporting savings both short-term and long-term. Today, Sandvik provides an update on the current stat...

STOCKHOLM , June 25, 2020 /PRNewswire/ -- Sandvik will publish its second quarter results on Thursday, 16 July 2020 at approximately 11.30 CEST. A combined webcast and conference call for investors, analysts and financial media will be held at 13.00 CEST. The report will be present...

STOCKHOLM , June 18, 2020 /PRNewswire/ -- Dormer Pramet, a division within Sandvik Machining Solutions, has reached an agreement to acquire the entire business of the Indian company Miranda Tools , comprising manufacture of High Speed Steel and solid carbide round tools. "The acquisit...

STOCKHOLM , June 16, 2020 /PRNewswire/ -- As communicated in the quarterly report for the first quarter, saving measures have been initiated throughout Sandvik due to the challenging market situation following the COVID-19-pandemic. Today, Sandvik gave notice of layoffs in Sweden for 42...

STOCKHOLM , June 1, 2020 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a privately owned Mexican company offering integral machining solutions. In 2019, QCT's cutting tools division gene...

Sandvik Machining Solutions divests its 10% minority ownership in Gesac, a Chinese joint venture originally formed in 2005 to secure the supply of tungsten, to Xiamen Tungsten, the majority owner of Gesac. More news on: Sandvik AB, Sandvik AB, Merger & acquisition news Read more ....

SANDVIKEN, Sweden , May 13, 2020 /PRNewswire/ -- Sandvik Machining Solutions divests its 10% minority ownership in Gesac, a Chinese joint venture originally formed in 2005 to secure the supply of tungsten. Since then, Sandvik Machining Solutions has expanded its cutting tool recycling cap...

It’s been a while since I’ve written on the perpetually-restructuring Kennametal ( KMT ), partly because it gets tedious writing about an underperforming company with serious long-term structural and competitive challenges. There have been some periods of outperformance since ...

Summary April, like March, turned into a heavy investment month. I invested sizable amounts of cash (in total ~$16,000) coming from incomes, sizeable dividends and savings into a variety of stocks. I've also identified multiple excellent buys going forward and expect May to be an active mont...