Barnes Group To Be Taken Private By Apollo Global Management In $3.6 Bln All-cash Deal

Barnes Group To Acquire MB Aerospace

Aerospace company Barnes Group Inc. (B) announced Monday that it has entered into a definitive agreement to acquire MB Aerospace in deal valued at approximately $740 million. Upon closing of the transaction, MB Aerospace will become part of Barnes Aerospace.

RTTNews | 500 days ago

Barnes Group Guides FY23 Adj. EPS Above View; Q4 Profit Down 45%

While reporting financial for the fourth quarter on Friday, Barnes Group, Inc. (B), a provider of highly engineered products, initiated its adjusted earnings and organic sales growth guidance for the full-year 2023.

RTTNews | 608 days ago

Barnes Group Slashes FY22 Outlook As Q2 Revenues Miss Estimates

While reporting financial for the second quarter on Friday, Barnes Group, Inc. (B), a provider of highly engineered products, slashed its adjusted earnings and organic sales growth guidance for the full-year 2022.

RTTNews | 811 days ago

European Stocks Close Higher After ECB Lowers Interest Rate

European stocks closed higher on Thursday with investors cheering the European Central Bank's rate cut announcement, and digesting a slew of corporate earnings updates and regional and U.S. economic data.

RTTNews | 4h 10min ago

Euro Drops As ECB Lowers Key Rates Again

The euro fell against its major counterparts in the European session on Thursday, as the European Central Bank cut key interest rates by 25 basis points amid progress in disinflation and weak economic data released since the September policy session.

RTTNews | 5h 11min ago

U.S. Business Inventories Increase In Line With Estimates In August

A report released by the Commerce Department on Thursday showed business inventories in the U.S. increased in line with economist estimates in the month of August. The Commerce Department said business inventories rose by 0.3 percent in August, matching a downwardly revised increase in July.

RTTNews | 6h 55min ago

U.S. Homebuilder Confidence Improves For Second Straight Month In October

With inflation gradually easing and homebuilders anticipating mortgage rates will moderate in coming months, the National Association of Home Builders released a report on Thursday showing homebuilder confidence in the U.S. improved by slightly more than expected in the month of October.

RTTNews | 7h 11min ago

U.S. Industrial Production Dips In September Amid Boeing Strike, Hurricanes

A report released by the Federal Reserve on Thursday showed industrial production in the U.S. fell by slightly more than expected in the month of September. The Fed said industrial production decreased by 0.3 percent in September after rising by a downwardly revised 0.3 percent in August. Economists had expected industrial production to dip by 0.2 percent.

RTTNews | 7h 14min ago

EURUSD	1.08223	GBPUSD	1.30069	AUDUSD	0.66953
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