Barnes Announces Completion of Previously Announced Sale of Associated Spring™ and Hänggi™ Businesses [Yahoo! Finance]
Barnes Group, Inc. (B)
Last barnes group, inc. earnings: 4/24 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
ir.barnesgroupinc.com/investor-relations/overview/default.aspx
Company Research
Source: Yahoo! Finance
"The sale of Associated Spring and Hänggi businesses is an important step in our ongoing portfolio optimization strategy to deliver improved shareholder value," said President and CEO Thomas Hook. "This divestiture forwards our progress to integrate, consolidate and rationalize our Industrial business, while our recent acquisition of MB Aerospace greatly scales our Aerospace business. Continued execution of our strategy will make Barnes a more focused and competitive company on a path to accelerate profitable growth." The purchase price was $175 million, subject to customary closing adjustments, of which approximately $21 million will be paid upon completion of the transfer of certain foreign assets, in lieu of a previously contemplated seller promissory note. Net cash proceeds of approximately $140 million will be used to reduce debt. About Barnes Barnes Group Inc. (NYSE: B) leverages world-class manufacturing capabilities and market-leading engineering to develop advanced pro
Show less
Read more
Impact Snapshot
Event Time:
B
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
B alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
B alerts
High impacting Barnes Group, Inc. news events
Weekly update
A roundup of the hottest topics
B
News
- Barnes Declares Quarterly DividendBusiness Wire
- Barnes Group Inc. (NYSE:B) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Don't Overlook Barnes Group (B) International Revenue Trends While Assessing the Stock [Yahoo! Finance]Yahoo! Finance
- Barnes Group (B) Q1 Earnings & Revenues Surpass Estimates [Yahoo! Finance]Yahoo! Finance
- Barnes Group (B) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates [Yahoo! Finance]Yahoo! Finance
B
Earnings
- 4/26/24 - Beat
B
Sec Filings
- 4/29/24 - Form 10-Q
- 4/26/24 - Form 8-K
- 4/4/24 - Form 8-K
- B's page on the SEC website