Barnes Group Inc.

B

Market cap $2.42B

NEW YORK , Jan. 22, 2025 /PRNewswire/ -- Guidewire Software Inc. (NYSE: GWRE) will replace Arrowhead Pharmaceuticals Inc. (NASD: ARWR) in the S&P MidCap 400, and Arrowhead Pharmaceuticals will replace Barnes Group Inc. (NYSE: B) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, January 27. S&P 500 constituent Apollo Global Management Inc. (NYSE: APO) is acquiring Barnes Group in a deal expected to be completed soon pending final conditions.

BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) (“Barnes” or “the Company”), a global provider of highly engineered products, differentiated industrial technologies and innovative solutions, today announced that its shareholders voted to approve the Company's previously announced acquisition by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”) (the “Apollo Funds”) at the Company's Special Meeting of Shareholders (the “Special Meeting”). Under the.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Barnes Group Inc. (NYSE: B) to funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO). Under the terms of the proposed transaction, shareholders of Barnes will receive $47.50 in cash for each share of Barnes that they own. KSF is seeking to determine whether this consideration and the proces.

SAN DIEGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP , a leading stockholder rights law firm, announced that it is investigating claims on behalf of Barnes Group Inc (NYSE: B) shareholders concerning potential breaches of fiduciary duties related to the proposed sale of the Company to Apollo Global Management.

Weakness in the Industrial segment and increasing operating costs weigh on B. Unfavorable foreign currency movement is an added concern.

Evaluate Barnes Group's (B) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

B's third-quarter sales increase 7% year over year, driven by the impressive performance of its Aerospace segment.

Although the revenue and EPS for Barnes Group (B) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Barnes Group (B) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.19 per share a year ago.

BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today reported financial results for the third quarter of 2024. “In the third quarter, despite ongoing production delays from aircraft manufacturers, our Aerospace OEM business generated extraordinarily strong orders in anticipation of a future industry re-ramp. Meanwhile, our Aerospace aftermarket business continues to.