BRISTOL, Conn., Dec 21, 2009 (BUSINESS WIRE) -- Barnes Group Inc. (NYSE: B), a diversified global manufacturer and logistical services company, today announced anticipated classifications for cash distributions for the 2008 and 2009 calendar years to assist its stockholders in their tax planning.
The 2008 cash distributions will be reclassified as a partial dividend and a partial non-dividend distribution. Impacted stockholders for the 2008 calendar year will receive a corrected IRS tax form 1...
Revenues of $260.3 million for the third quarter 2009
Third quarter 2009 diluted EPS of $0.20, including restructuring
charges
Year-to-date 2009 cash from operating activities improved 51% from
the prior year period
Debt-to-Capital ratio improved to 35% as debt declined 23% from
year-end 2008 to $360.7 million
BRISTOL, Conn.--(BUSINESS WIRE)--Oct. 30,...
BRISTOL, Conn.--(BUSINESS WIRE)--Oct. 26, 2009--
Barnes Distribution, a business of Barnes Group Inc. (NYSE: B) and a
major maintenance, repair, operating (MRO) supplies distributor, has
assembled some of the toughest germ fighting products in the industry in
its new Cold and Flu Flyer to help businesses keep their workers healthy
and stave off the flu virus in what is expected to be a busy flu season.
With the seasonal flu and H1N1 flu vir...
BRISTOL, Conn.--(BUSINESS WIRE)--Oct. 22, 2009--
The Board of Directors of Barnes Group Inc. (NYSE: B) has declared a
quarterly cash dividend of 8 cents ($0.08) per share. The dividend will
be payable December 10, 2009, to shareholders of record at the close of
business on November 30, 2009.
Barnes Group Inc. and its predecessor companies have paid a cash
dividend to stockholders on a continuous basis since 1934.
Barnes Gro...
BRISTOL, Conn.--(BUSINESS WIRE)--Oct. 1, 2009--
Barnes Group Inc. (NYSE: B) today announced that its third
quarter 2009 results will be made public on Friday, October 30, 2009,
before the market opens, and that the third quarter 2009 results
conference call will begin at 8:30 a.m. EDT on that day.
The public may access the conference through a live audio web cast
available on Barnes Group’s investor relations link on the Internet at www.BGInc...
Revenues of $255.2 million for the second quarter 2009
Second quarter 2009 diluted EPS of $0.19
First half 2009 cash from operations improved 19% from the prior year period
BRISTOL, Conn.--(BUSINESS WIRE)--Aug. 3, 2009-- Barnes Group Inc. (NYSE: B), a diversified global manufacturer and logistical services company, today reported financial results for the second quarter 2009. The Company reported income from continuing operations of $10.4 million, or $0.19 per diluted share, compared to $35.3...
BRISTOL, Conn.--(BUSINESS WIRE)--Jul. 31, 2009--
Barnes Group Inc. (NYSE: B), a diversified global manufacturer and
logistical services company, announced the promotion of Dawn N. Edwards
to Senior Vice President, Human Resources, effective August 3, 2009. She
will succeed John Arrington, who will retire September 1, 2009.
Most recently Vice President of Global Human Resources Operations for
Barnes Group, Edwards will report directly to Gre...
BRISTOL, Conn., Jul 22, 2009 (BUSINESS WIRE) -- The Board of Directors of Barnes Group Inc. (NYSE: B) has declared a
quarterly cash dividend of 8 cents ($0.08) per share. This is a
reduction from the 16-cent dividend paid for the last four quarters. The
dividend will be payable September 10, 2009, to shareholders of record
at the close of business on August 31, 2009.
"This action by our Board today will strengthen our capital structure,
enable the Company...
BRISTOL, Conn., Jul 14, 2009 (BUSINESS WIRE) -- Barnes Group Inc. (NYSE:B) today announced that its second
quarter 2009 results will be made public on Monday, August 3, 2009,
before the market opens, and that the second quarter 2009 results
conference call will begin at 8:30 a.m. EDT on that day.
The public may access the conference through a live audio web cast
available on Barnes Group's investor relations link on the Internet at www.BGInc.com.
The web cast ...
BRISTOL, Conn.--(BUSINESS WIRE)--Jun. 16, 2009--
Barnes Aerospace, a business of Barnes Group Inc. (NYSE: B) and global
provider of manufacturing solutions and comprehensive component overhaul
and repair services, has increased its global footprint in seals and
segments, adding a new Seals and Segments Center of Excellence to its
original equipment manufacturing (OEM) factory in Singapore.
The new Seals and Segments Center of Excellence pro...
BRISTOL, Conn.--(BUSINESS WIRE)--Jun. 15, 2009--
Barnes Aerospace, a business of Barnes Group Inc. (NYSE: B) and global
provider of manufacturing solutions and comprehensive component overhaul
and repair services, has received its sixth and final Nadcap
certification for special processes at its new Ogden, Utah facility. The
facility, which opened in September 2008, now is certified in heat
treating, materials testing laboratory, nondestructive testi...
BRISTOL, Conn., Jun 14, 2009 (BUSINESS WIRE) -- In today's difficult economic environment, Barnes Aerospace, a business
of Barnes Group Inc. (NYSE: B) and global provider of manufacturing
solutions and comprehensive component overhaul and repair services, now
offers customers an outsourcing solution for their piston and cylinder
needs.
Building on its reputation as a leading supplier of highly engineered,
machined and fabricated components and assemblies ...
BRISTOL, Conn.--(BUSINESS WIRE)--Jun. 9, 2009--
Barnes Group Inc. (NYSE: B), a diversified global manufacturer and
logistical services company, today announced it is withdrawing full year
2009 earnings guidance due to increased uncertainty in the
transportation sector, which is approximately one-third of revenues, and
continued weakness in the macroeconomic environment.
“In light of the greater than anticipated macroeconomic pressures that
...
BRISTOL, Conn.--(BUSINESS WIRE)--May. 8, 2009--
The Board of Directors of Barnes Group Inc. (NYSE: B) has declared a
quarterly cash dividend of 16 cents ($0.16) per share. The dividend will
be payable June 10, 2009, to shareholders of record at the close of
business on May 29, 2009.
Barnes Group Inc. and its predecessor companies have paid a cash
dividend to stockholders on a continuous basis since 1934.
Barnes Group Inc. (NYSE...
BRISTOL, Conn.--(BUSINESS WIRE)--May. 6, 2009--
Seeger-Orbis, a leading manufacturer of retaining rings and business of
Barnes Group Inc. (NYSE: B), now offers its customers around the world
enhanced features and functionality on its newly redesigned Web site, www.seeger-orbis.com.
Available in both English and German, the new site features
comprehensive information on the Company’s extensive portfolio of
retaining rings, shims and washers, a...
BRISTOL, Conn.--(BUSINESS WIRE)--May. 4, 2009--
Over the last decade, wind energy capacity has grown globally at an
average cumulative rate of more than 32 percent annually. With turbines
getting bigger, Seeger-Orbis, a leading manufacturing of retaining rings
and business of Barnes Group Inc. (NYSE: B), has launched a retaining
ring series designed specifically for the growing demands of the wind
energy industry.
Seeger-Orbis, regarde...
BRISTOL, Conn.--(BUSINESS WIRE)--May. 4, 2009--
Barnes Group Inc. (NYSE: B), a diversified global manufacturer and
logistical services company, today reported financial results for the
first quarter 2009. In the first quarter of 2009 Barnes Group reported
income from continuing operations of $11.5 million, or $0.22 per diluted
share, compared to $33.7 million, or $0.60 per diluted share in the
prior year period. Barnes Group’s first quarter 200...
BRISTOL, Conn., Apr 06, 2009 (BUSINESS WIRE) -- Barnes Group Inc. (NYSE: B) today announced that its first
quarter 2009 results will be made public on Monday, May 4, 2009, before
the market opens, and that the first quarter 2009 results conference
call will begin at 8:30 a.m. EDT on that day.
The public may access the conference through a live audio web cast
available on Barnes Group's investor relations link on the Internet at www.BGInc.com.
The web cast is a...
BRISTOL, Conn.--(BUSINESS WIRE)--Mar. 31, 2009--
Barnes Distribution, North America, a business of Barnes Group Inc.
(NYSE: B), is flexing its muscle with stainless steel fasteners and
expanding its product line by nearly 50 percent, adding more than 1,200
new items to its stocked inventory.
A leading maintenance, repair, and operating (MRO) supplies distributor,
the Company currently offers more than 750,000 products, including 2,000
...
BRISTOL, Conn.--(BUSINESS WIRE)--Feb. 19, 2009--
Barnes Group Inc. (NYSE: B):
Fourth quarter 2008 adjusted diluted EPS from continuing operations
was $0.19
Full year 2008 adjusted diluted EPS from continuing operations was
$1.99
2009 full year estimate of $1.20 to $1.50 per diluted share
Barnes Group Inc. (NYSE: B), a leading international aerospace and
industrial...
BRISTOL, Conn.--(BUSINESS WIRE)--Feb. 12, 2009--
Barnes Distribution now makes it easy to be green. A business of Barnes
Group Inc. (NYSE: B), the Company is the first major maintenance,
repair, operating (MRO) supplies distributor to launch a catalog of its
premier “green” products to help customers focus on using
environmentally responsible products.
Barnes Distribution created the catalog to further its commitment to
workplace safet...
BRISTOL, Conn., Feb 11, 2009 (BUSINESS WIRE) -- The Board of Directors of Barnes Group Inc. (NYSE: B) today declared a
quarterly cash dividend of 16 cents ($0.16) per share. The dividend will
be payable March 10, 2009, to shareholders of record at the close of
business on February 26, 2009.
Barnes Group Inc. and its predecessor companies have paid a cash
dividend to stockholders on a continuous basis since 1934.
Barnes Group Inc. (NYSE:B) is a diversified glob...
BRISTOL, Conn.--(BUSINESS WIRE)--Jan. 26, 2009--Barnes Group Inc. (NYSE: B), a leading international aerospace and
industrial components manufacturer and logistical services company,
today reported several 2008 actions it has taken to improve the
performance of the Company's global business segments. These actions
have impacted our worldwide businesses and address deteriorating
economic conditions, severe declines in the transportation end-market,
an...
BRISTOL, Conn.--(BUSINESS WIRE)--Jan. 13, 2009--Barnes Group Inc. (NYSE:B) today announced that its fourth
quarter 2008 results will be made public on Thursday, February 19, 2009,
before the market opens, and that the fourth quarter 2008 results
conference call will begin at 8:30 a.m. EST on that day.
The public may access the conference through a live audio web cast
available on Barnes Group's investor relations link on the Internet at www.BGInc.co...
BRISTOL, Conn.--(BUSINESS WIRE)--Jan. 12, 2009--Barnes Group Inc. (NYSE: B), a leading international aerospace and
industrial components manufacturer and logistical services company,
today announced the appointment of Christopher J. Stephens, Jr. (44) to
Senior Vice President, Finance and Chief Financial Officer, Barnes Group
Inc.
"Chris brings to Barnes Group a proven track record that clearly
demonstrates a deep understanding of the financi...
