Kaydon Chief Doesn't Kid About Buying


KAYDON'S NEW CHIEF HAS BOUGHT $400,000 worth of shares in his company, as the bearings maker's stock is on a roll.

President, Chief Executive Officer and Chairman James O'Leary bought 8,300 shares at an average price of $48.05 each on June 5, according to a Form 4 filed today with the Securities and Exchange Commission.

O'Leary, 44, a Kaydon director since March 2005, now owns 120,300 shares of Kaydon stock, far less than 1% of the company's outstanding shares. Most of his existing stake prior to Tuesday's purchase was subject to restrictions.

Other News:
Kaydon Chief Doesn't Kid About Buying
SKF Files To Deregister From SEC, USA
SKF Invests in New Factory for Large Bearings in India
Applied Industrial Technologies Products into One New Master Catalog
Kester put Surcharge on Silver-& Tin-Bearing Solder Paste Products
Ball Screws Reduce Torque Variation
Timken to Get Into Servicing Aircraft, Defence Sector
Steel Roller Bearings With Ends In Three Shapes