Barnes Group To Be Taken Private By Apollo Global Management In $3.6 Bln All-cash Deal

Barnes Group To Acquire MB Aerospace

Aerospace company Barnes Group Inc. (B) announced Monday that it has entered into a definitive agreement to acquire MB Aerospace in deal valued at approximately $740 million. Upon closing of the transaction, MB Aerospace will become part of Barnes Aerospace.

RTTNews | 1202 days ago

Barnes Group Guides FY23 Adj. EPS Above View; Q4 Profit Down 45%

While reporting financial for the fourth quarter on Friday, Barnes Group, Inc. (B), a provider of highly engineered products, initiated its adjusted earnings and organic sales growth guidance for the full-year 2023.

RTTNews | 1310 days ago

Barnes Group Slashes FY22 Outlook As Q2 Revenues Miss Estimates

While reporting financial for the second quarter on Friday, Barnes Group, Inc. (B), a provider of highly engineered products, slashed its adjusted earnings and organic sales growth guidance for the full-year 2022.

RTTNews | 1513 days ago

U.S. Dollar Slips As Focus Shifts To Upcoming Trump's Meet With GCC Leaders

The U.S. Dollar value ticked lower on Friday after U.S. President Donald Trump hinted at returning to a possible military confrontation with Iran. Trump is planning to take a call after his upcoming meeting with the leaders of the Gulf Cooperation Council on Tuesday in New York.

RTTNews | 17h 3min ago

Canadian Stocks Turning In Mixed Performance In Cautious Trade

Canadian stocks are turning in a mixed performance on Friday with investors largely making cautious moves, assessing geopolitical situation and weighing recent policy moves and inflation outlook from major central banks.

RTTNews | 19h 15min ago

Swiss Market Ends On Weak Note

The Switzerland stock market closed notably lower on Friday, in line with markets across Europe as worries about inflation and uncertainty about central banks' monetary policy moves rendered the mood cautious.

RTTNews | 19h 43min ago

European Stocks Fall As Central Bank Signals Weigh On Sentiment

European stocks declined Friday amid caution over monetary policy and inflation outlooks from major central banks. The ECB survey showed Euro Zone inflation expectations rose to 3% from 2.9%, while the Bank of Japan raised rates by 25 basis points.

RTTNews | 20h 15min ago

U.S. Leading Economic Index Unexpectedly Edges Lower In August

A report released the Conference Board on Friday unexpectedly showed a modest decrease by its reading on leading U.S. economic indicators in the month of August. The Conference Board said its leading economic index edged down by 0.1 percent in August after rising by 0.2 percent in July. Economists had expected the index to inch up by 0.1 percent.

RTTNews | 23h 50min ago

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