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Barnes Group Inc. - B STOCK NEWS

Welcome to our dedicated news page for Barnes Group (Ticker: B), a resource for investors and traders seeking the latest updates and insights on Barnes Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Barnes Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Barnes Group's position in the market.

Rhea-AI Summary
Integrum (INTEG) will host a webcast presentation of its third quarter 2023/24 results on February 29, 2024, at 14:00 CEST. CEO Rickard Brånemark, CFO Jörgen Svanström, and US President Jeffrey Zanni will present in English. The report will be available at integrum.se, and the webcast can be accessed at finwire.tv.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
earnings
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Rhea-AI Summary
Barnes Aerospace expands its component repair capacity in Singapore by approximately 50% to meet the growing demands of the aerospace industry. The strategic expansion aims to enhance the company's position as a key player in engine component repair and maintenance in the Asia-Pacific region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.17%
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none
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Rhea-AI Summary
Irenic Capital Management LP, a major shareholder of Barnes Group Inc. (NYSE: B), expresses concern over the underwhelming fourth quarter and full-year 2023 results, emphasizing the necessity for a revamped Board with fresh perspectives and industry expertise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
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none
Rhea-AI Summary
Barnes Group Inc. (B) reports strong financial results for Q4 and full year 2023, with sales growth, operating margin improvements, and strategic acquisitions. The company outlines a profitable growth strategy for 2024 and introduces Adjusted EBITDA metrics. Despite some declines in adjusted EPS, Barnes remains focused on sustainable growth and value creation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
earnings
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News
Rhea-AI Summary
Barnes Group Inc. (B) announces a quarterly cash dividend of $0.16 per share, payable on March 8, 2024, to shareholders of record as of February 22, 2024, continuing a long history of dividend payments since 1934.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
dividends
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Rhea-AI Summary
Hexagon's Manufacturing Intelligence division has announced the winners of its third 'Sixth Sense' cohort, Flexxbotics and Zaptic, who will receive resources for global expansion and be showcased on Hexagon's cloud-based digital reality platform. The program aims to identify emerging innovations and provide a platform for high-growth startups, granting them access to resources and customers typically beyond reach at this stage of their development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
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none
Rhea-AI Summary
GelSight and Hexagon have entered into a global partnership agreement to promote and sell GelSight’s tactile sensing products and future integrated products to the market. The partnership will accelerate the time to market for future products that offer more complete solutions to manufacturing issues. Hexagon’s metrology technologies will complement GelSight’s digital touch technology, offering unique solutions for manufacturing and surface inspection challenges. The partnership also unlocks new applications that digitize manual inspection processes. GelSight CEO will be featured as a speaker at Hexagon’s Sixth Sense event to share about the powerful partnership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
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partnership
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Rhea-AI Summary
ETQ, part of Hexagon, achieved significant growth in Q4 2023, expanding its customer base globally. New partnerships with Augmentir and Infor strengthen its connected worker strategy. The company was recognized with industry awards and participated in major industry events, showcasing its leading cloud-native solution, ETQ Reliance® NXG.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
earnings
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Rhea-AI Summary
Integrum (INTEG) announces the sale of OPRA Implant Systems worth SEK 3.5 million to the Center of Excellence in Kyiv, Ukraine, following the successful establishment of the center in December 2023. The company has trained and certified two senior surgeons to perform surgeries on amputees using the innovative implant system. The purchase aims to ensure continuous access to the OPRA Implant System. The disclosure contains information pursuant to the EU Market Abuse Regulation. The CEO, Rickard Brånemark, highlighted the urgent need for amputee care in Ukraine, especially following the Russian invasion. The company's implant system, which attaches directly to the skeleton, provides the best care for many amputees. The PR also includes contact information for more details and the Certified Adviser for Integrum. The press release can be found at the link provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.45%
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none
Rhea-AI Summary
Barnes Group Inc. (NYSE: B) has entered into a definitive agreement to sell its Associated Spring™ and Hänggi™ businesses to One Equity Partners for $175 million, aiming to reduce debt incurred from the strategic acquisition of MB Aerospace in August 2023. The expected net cash proceeds of $150 million will help achieve a Net Debt to EBITDA ratio of 3.0x or lower by the end of 2024. The divestiture reflects a leap forward in rationalizing the Industrial business and rebalancing the portfolio toward the Aerospace business, positioning Barnes for success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.51%
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none
Barnes Group Inc.

Nasdaq:B

B Rankings

B Stock Data

1.77B
45.54M
5.56%
92.62%
2.2%
Aircraft Engine and Engine Parts Manufacturing
Manufacturing
Link
US
Bristol

About B

barnes group inc. is an international industrial and aerospace manufacturer and service provider, serving a wide range of end markets and customers. the highly engineered products, differentiated industrial technologies, and innovative solutions delivered by barnes group are used in far-reaching applications that provide transportation, manufacturing, healthcare products, and technology to the world. with approximately 4,700 dedicated employees, at more than 60 locations worldwide, on four continents across the globe, barnes group continues to build on our long-standing tradition of excellence in precision manufacturing and logistics solutions, while at the same time, investing in leading-edge technologies and applying our expertise in newer break-through markets. barnes group operates under two global business segments - industrial and aerospace. at barnes group, there are no limits to your career path - only opportunities for success! explore your future and career potential at