NEW YORK, Oct. 7, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Barnes Group Inc. (NYSE: B) and its board of directors concerning the proposed acquisition of the company by affiliates of Apollo Global Management, Inc. (NYSE: APO). Stockholders will receive $47.50 for each share of Barnes Group stock that they hold. The transaction is valued at approximately $3.6 billion and is expected to close in the first quarter of 2025.If you are a stockholder of Barnes Gro ...

SAN DIEGO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading stockholder rights law firm, announced that it is investigating claims on behalf The Barnes Group Inc (NYSE: B) shareholders concerning potential breaches of fiduciary duties related to the proposed sale of the Company to Apollo Global Management. On October 7, 2024, Barnes Group officially announced its acceptance of an acquisition proposal from Apollo Global Management, whereby shareholders will receive $47.50 per share via an all ...

MONSEY, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Barnes Group, Inc. (NYSE: B) (“Barnes”) to Apollo Global Management (“Apollo”) for $47.50 per share in cash. The sale price is below the “takeover price” of $55.00 per share that Wall Street analyst Christopher Glynn of Oppenheimer recently characterized as “reasonable” based on Barnes' estimated 2025 EBITDA (source: StreetInsider.com), and below the price target for Barn ...

Barnes Group Inc. (B) is grappling with persistent weakness due to softness across the Industrial segment and high cost of sales. Also, given the company’s extensive international presence, foreign currency headwind is an added uncertainty.Headquartered in Bristol, CT, Barnes is a global diversified manufacturer and supplier of highly engineered products, innovative solutions and differentiated industrial technologies. It boasts a diverse range of market-leading brands like Seeger Orbis and Associated Sprin ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Barnes Group Inc. (B) is an engineering solutions provider. The Zacks Consensus Estimate for its current year earnings has been revised 6.4% downward over the last 60 days.CONMED Corporation (CNMD) is a medical technology company. The Zacks Consensus Estimate for its current year earnings has been revised 7.2% downward over the last 60 days.Cochlear Limited (CHEOY) is a company that provides implantable hearing solutions.The Zacks Con ...

BNC First Day Program Revenues Increased 32% Recent Initiatives Expected to Drive Over $10 Million of Go-Forward Savings BASKING RIDGE, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today reported sales and earnings for the first quarter ended on July 27, 2024. The following figures are GAAP results from continuing operations on a consolidated basis, unless noted otherwise. Note that Adjusted EBITDA is a non-GAA ...

Barnes Group Inc. (B) has failed to impress investors with its recent operational performance due to weakness across the Industrial segment and high cost of sales. Also, given the company’s extensive international presence, foreign currency headwind is an added uncertainty.Based in Bristol, CT, Barnes is a global diversified manufacturer and supplier of highly engineered products, innovative solutions and differentiated industrial technologies. It boasts a diverse range of market-leading brands like Seeger ...

Have you looked into how Barnes Group (B) performed internationally during the quarter ending June 2024? Considering the widespread global presence of this aerospace and industrial parts supplier, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |-----------------------------------------------------------------------------|------------------------------------------------------------------------|------------------ ...

Barnes Group Inc. (B) reported adjusted earnings of 37 cents per share in second-quarter 2024, which missed the Zacks Consensus Estimate of 39 cents. The metric decreased 36% year over year.Inside the HeadlinesTotal sales of $382 million missed the Zacks Consensus Estimate of $399 million. The top line increased 13% year over year, with organic sales growth of 5%.Barnes Group reports sales under two heads, namely Industrial and Aerospace. A brief snapshot of segmental sales is provided below:Sales from the ...