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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

Tele2 enables sustainable forestry with AirForestry and Nokia 5G Private Wireless

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Tele2 AB (NASDAQ: TEL2 A) and (NASDAQ: TEL2 B) in partnership with Nokia, announces the delivery of a 5G private mobile network to AirForestry for controlling electric drones used in forest thinning. The pilot project, running in 2024, aims to introduce the solution into commercial forestry operations. The technology promises to revolutionize forest harvesting, offering efficient and sustainable solutions.
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LEQEMBI® Q3 2023 sales published - 0.4 billion yen recorded in the period

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BioArctic AB's partner Eisai reported sales of 0.4 billion yen for LEQEMBI in the third quarter of 2023, resulting in a royalty of SEK 2.5 million for BioArctic. BioArctic has the right to commercialize lecanemab in the Nordic region and is preparing for joint commercialization with Eisai in the region.
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Crawford & Company Reports 2023 Third Quarter Results

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Crawford & Company announces record quarterly revenue in Q3 2023, with revenues before reimbursements of $325.6 million, up 10% from the same period last year. Net income attributable to shareholders was $12.3 million, compared to a loss of $15.1 million in Q3 2022. Diluted earnings per share were $0.25 for both CRD-A and CRD-B, compared to a diluted loss per share of $(0.31) in the prior year.
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Fred R. Donner Elected to Crawford & Company® Board of Directors

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Crawford & Company has announced the election of Fred R. Donner as an independent director, effective November 3, 2023. With almost 40 years of experience in the insurance industry, Mr. Donner brings expertise in leading and advising corporations through restructurings, international expansion, risk management, and capital market transactions. His addition to the board strengthens the company's commitment to leveraging deep industry expertise.
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Crawford & Company Board Declares Dividends

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Crawford & Company (NYSE: CRD-A and CRD-B) has declared a quarterly dividend of $0.07 per share on the Class A Common Stock and $0.07 per share on the Class B Common Stock. The dividend will be payable on December 1, 2023, to shareholders of record as of November 20, 2023.
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Hexagon connects shopfloor processes with real-time information in productivity-boosting Nexus Connected Worker suite

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Hexagon's Manufacturing Intelligence division has released Nexus Connected Worker, a suite of manufacturing software solutions that connects workers to real-time data for actionable insights and reporting. The suite offers enterprise-system integration, digital representations of assets, processes, and production facilities, and the ability to correct course using guidance from shopfloor data. Nexus Connected Worker has been shown to increase the productivity of a manufacturing operation by more than 20% on average. The suite empowers businesses to transform processes such as downtime management and final product quality inspection. The mobile-first applications can be easily accessed from the shop floor and tailored to meet specific needs across industries.
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ETQ Accelerates Growth in Third Quarter as Manufacturers Embrace Quality Management to Improve Operations, Minimize Risk

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ETQ, part of Hexagon, experienced accelerated growth and momentum in Q3 2023. The company expanded its customer base, added new functionality to its ETQ Reliance® NXG quality management system, and formed strategic partnerships. ETQ also gained industry recognition and presented at key industry events.
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Integrum's OPRA™ Implant System gets FDA approval for clinical study on below-knee amputations

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Integrum's OPRA™ Implant system receives FDA approval for a clinical study on below-knee amputations in the US. The study will be conducted by the Walter Reed National Military Medical Center and is crucial for future approval of the system. CEO Rickard Brånemark considers this a significant milestone.
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Integrum moves into Turkey

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Integrum announces entry into Turkish market with OPRA™ Implant system in collaboration with Medikon.
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Barnes Reports Third Quarter 2023 Financial Results

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Barnes Group Inc. reports Q3 2023 financial results, with net sales of $361 million, up 15% YoY. Adjusted EPS is $0.19, down 61% YoY. The company forecasts 2023 organic sales growth of 5-6% and adjusted EPS of $1.57-$1.67.
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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.

OTC: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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United States of America
BRISTOL