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Barnes Group Inc. - B STOCK NEWS

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

Barnes Group Inc. (NYSE: B) is a leading international industrial and aerospace manufacturer and service provider, serving a wide array of markets and customers. The company’s highly engineered products, industrial technologies, and innovative solutions are essential in transportation, manufacturing, healthcare, and technology sectors worldwide.

With approximately 4,700 employees across more than 60 locations on four continents, Barnes Group upholds its long tradition of excellence in precision manufacturing and logistics solutions. The company operates under two main segments: Industrial and Aerospace.

The Industrial segment focuses on manufacturing precision parts and systems for critical applications in transportation, industrial equipment, and consumer products. The Aerospace segment provides machined components and assemblies for OEM turbine engines, airframes, industrial gas turbines, and military applications. Barnes Group’s products are integral to the performance and reliability of these critical systems.

In recent years, Barnes Group has invested significantly in leading-edge technologies to enhance its capabilities and explore breakthrough markets. This forward-thinking approach ensures the company remains at the forefront of innovation, meeting the evolving needs of its diverse customer base.

Barnes Group’s financial health is robust, underscored by strategic partnerships and consistent performance. The company's commitment to sustainable growth and operational excellence is evident in its dedication to quality and customer satisfaction.

For the latest updates and news, stay tuned to Barnes Group Inc.’s announcements and developments, which reflect its dynamic presence in the global market.

News

Barnes Announces Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast

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Barnes Group Inc. (NYSE: B) will release its Q4 and full year 2023 financial results on February 16, 2024, before the market opens. A conference call to discuss the results and the Company’s outlook will also be hosted at 8:30 a.m. (ET) on that day. The public can access the conference through a live audio webcast on the Investor Relations section of the Barnes website. Supplemental materials will be posted prior to the call, and a recorded playback will be available until February 23, 2024.
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LEQEMBI® to be launched in Japan for Alzheimer's disease on December 20

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BioArctic AB's (Nasdaq Stockholm: BIOA B) partner Eisai announced the launch of LEQEMBI in Japan on December 20, following its inclusion in the price listing on the Japan National Health Insurance drug price list. The product obtained approval for the indication of slowing progression of mild cognitive impairment and mild dementia due to Alzheimer's disease in Japan on September 25, 2023. LEQEMBI selectively binds to soluble and insoluble amyloid-beta aggregates, reducing Aβ protofibrils and plaques in the brain. The launch in Japan makes it the second country to have the product on the market, following the U.S.
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Hexagon and JSOL Corporation enter strategic partnership to accelerate EV powertrain design with virtual prototyping

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Hexagon's Manufacturing Intelligence division (HEX) has partnered with JSOL Corporation to accelerate virtual prototyping of electrified powertrains through multi-physics simulation. This strategic collaboration aims to address the rapid electrification of industries like automotive and aerospace transport, offering comprehensive simulation solutions for system design problems in the virtual world.
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Infor Complements its Industry Cloud Platform with Enterprise Quality Management and Environmental, Health & Safety Solutions from ETQ

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Infor® (INF) partners with ETQ to enhance quality management and environmental, health, and safety solutions for various industries. ETQ Reliance offers QMS and EHS applications, while Infor CloudSuite manages product and quality specifications, inspections, and track & trace capabilities.
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Lecanemab winner in two categories at The Scrip Awards 2023

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BioArctic AB's (publ) (NASDAQ Stockholm: BIOA B) invention lecanemab (LEQEMBI®), partnered with Eisai, was awarded the Best New Drug and the award for the Clinical Advance of the Year at the Scrip Awards 2023. The awards celebrate the best innovations and achievements of the international biopharma industry. Lecanemab is recognized for its excellence in pharmaceutical development, being the first and only treatment approved in Japan and the United States shown to reduce the rate of disease progression and to slow cognitive and functional decline in Alzheimer's disease patients. The success of the Phase 3 Clarity AD study of lecanemab led to the award for Clinical Advance of the Year. BioArctic and Eisai are preparing for a joint commercialization of lecanemab in the Nordic region.
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Integrum plans to submit a PMA application to the FDA for the use of OPRA in transhumeral amputations based on existing clinical data

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Integrum (Nasdaq First North Growth Market: INTEG B) plans to submit a PMA application to the FDA for the use of OPRA in transhumeral amputations based on existing clinical data. The company aims to broaden the regulatory approval in the US for the OPRA Implant System.
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Correction missing MAR reference: Integrum publishes preliminary revenue, result and and cash flow figures for Q2, 2023

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INTEG B - Integrum (publ) Expects Higher Q2 Revenue, Operating Profit, and Cash Flow, Preliminary Figures Show 36.2% Revenue Increase and 611.1% Operating Profit Surge
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Clinical study of Integrum's OPRA™ Implant System on below-knee amputations will include up to 30 patients and is fully funded by the Department of Defense

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Integrum (NASDAQ First North Growth Market: INTEG B) announces full funding from the US Department of Defense for a clinical study of OPRA™ Implant System on up to 30 patients with transtibial amputations. The study will be conducted at the Walter Reed National Military Medical Center. The FDA-approved study will provide crucial data for future regulatory processes.
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New Study: Project Management Information Systems Further Benefit Capital Building Programs When Applied to Multiple Processes

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Dodge Construction Network and Projectmates reveal that 61% of owners using PMIS for most of their capital management activities experience improved cost predictability. The report emphasizes the benefits of expanding the use of PMIS, including better informed decisions (74% vs 39%), improved design solutions (67% vs 31%), and the ability to mitigate design and construction risks (51% vs 30%). Strategic approach to PMIS is crucial for success, with centralized expertise yielding the strongest results in document and schedule management.
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Integrum publishes preliminary revenue, result and and cash flow figures for Q2, 2023

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Integrum (NASDAQ First North Growth Market: INTEG B) expects Q2 revenue, operating profit, and cash flow to exceed market expectations. Revenue expected at 27.5 MSEK, a 36.2% increase from last year. Operating profit expected at 6.4 MSEK, with an increase attributed to activity and improved cost structure. Cash flow expected at 3.4 MSEK. Complete results to be presented in the quarterly report for August - October 2023 on December 4, 2023.
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FAQ

What is the current stock price of Barnes Group (B)?

The current stock price of Barnes Group (B) is $47.18 as of December 24, 2024.

What is the market cap of Barnes Group (B)?

The market cap of Barnes Group (B) is approximately 2.4B.

What does Barnes Group Inc. specialize in?

Barnes Group Inc. specializes in manufacturing highly engineered products and providing industrial technologies and innovative solutions across transportation, manufacturing, healthcare, and technology sectors.

How is Barnes Group Inc. structured?

Barnes Group Inc. operates under two main segments: Industrial, which focuses on precision parts for transportation and industrial applications, and Aerospace, which provides components and assemblies for turbine engines and airframes.

Where are Barnes Group Inc.'s operations located?

Barnes Group Inc. operates in more than 60 locations worldwide, spanning four continents.

How many employees does Barnes Group Inc. have?

Barnes Group Inc. employs approximately 4,700 dedicated professionals.

What are the key markets served by Barnes Group Inc.?

Barnes Group Inc. serves key markets including transportation, industrial equipment, consumer products, and aerospace.

What are some recent achievements of Barnes Group Inc.?

Barnes Group Inc. has made significant investments in leading-edge technologies and breakthrough markets, enhancing its capabilities and maintaining its leadership in precision manufacturing and logistics solutions.

What makes Barnes Group Inc. products unique?

Barnes Group Inc.'s products are highly engineered and critical to the performance and reliability of systems in transportation, industrial equipment, and aerospace applications.

How does Barnes Group Inc. ensure quality and customer satisfaction?

Barnes Group Inc. is committed to sustainable growth, operational excellence, and continuous investment in technology to meet and exceed customer expectations.

Who are the typical customers of Barnes Group Inc.?

Barnes Group Inc. serves a wide range of customers in sectors such as transportation, industrial equipment, medical and personal care, mobility, and packaging.

What are the future plans of Barnes Group Inc.?

Barnes Group Inc. aims to continue building on its tradition of excellence in precision manufacturing and expand into new markets through continuous innovation and strategic investments.

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Barnes Group Inc.

NYSE:B

B Rankings

#1843 Ranked by Market Cap
#1656 Ranked by Dividends

B Stock Data

2.41B
46.21M
9.17%
93.77%
1.39%
Specialty Industrial Machinery
Miscellaneous Fabricated Metal Products
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