Barnes Group Inc (B.N) Key Developments | Reuters.com
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Barnes Group Inc (B.N)

B.N on New York Stock Exchange

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28 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Barnes Group increases qtrly dividend 8 pct to 13 cents per share
Friday, 6 May 2016 09:50am EDT 

Barnes Group Inc : Barnes Group Inc declares increased quarterly dividend .Increased company's quarterly cash dividend 8 percent to thirteen cents $0.13 per share of common stock.  Full Article

Barnes Group Inc gives FY 2016 guidance
Friday, 19 Feb 2016 06:30am EST 

Barnes Group Inc:Expects FY 2016 sales growth in the range of 2% to 4%.Expects FY 2016 organic sales growth in the range of 0% to 2%.Expects FY 2016 adjusted net income in the range of $2.43 to $2.58 per diluted share.  Full Article

Barnes Group Inc says is taking action to reduce size of U.S. pension plan obligation - Reuters
Friday, 23 Oct 2015 06:39am EDT 

Barnes Group Inc:Says taking action to reduce the size and potential volatility of its U.S. pension plan obligation - RTRS.Recently offered about 1,300 former employees an option to receive a lump sum distribution of their vested benefits by the end of 2015 - RTRS.Expects to record a non-cash pension settlement charge in the fourth quarter - RTRS.Lump sum distribution offer represents approximately 17% of Barnes group's U.S. pension plan obligations - RTRS.Plan's funded status is expected to remain materially unchanged as a result of the offer - RTRS.Charge will be excluded from adjusted earnings for fourth quarter - RTRS.  Full Article

Barnes Group Inc lowers FY 2015 guidance
Friday, 23 Oct 2015 06:30am EDT 

Barnes Group Inc:Expects FY 2015 organic revenue growth of about 1%, down from previous expectation of 4% to 6%, with total revenue down 3% to 4%.Expects adjusted diluted EPS from continuing operations to be in the range of $2.42 to $2.47.Reported revenue of $1.262 billion in FY 2014.FY 2015 revenue of $1.26 billion and EPS of $2.49 - Thomson Reuters I/B/E/S.  Full Article

Barnes Group Inc. Declares Quarterly Dividend
Friday, 16 Oct 2015 12:33pm EDT 

Barnes Group Inc:declared a quarterly cash dividend of $0.12 per share.dividend will be payable December 10, 2015 to shareholders of record at the close of business on November 25, 2015.  Full Article

Barnes Group Inc Acquires Priamus System Technologies
Thursday, 1 Oct 2015 01:03pm EDT 

Barnes Group Inc :Acquires Priamus System Technologies.Says priamus will operate as a business within Barnes group's industrial segment.  Full Article

Barnes Group Inc lowers FY 2015 revenue guidance; lowers high end of prior FY 2015 EPS guidance to a range in line with analysts' estimates
Friday, 24 Jul 2015 06:30am EDT 

Barnes Group Inc:Expects FY 2015 organic revenue growth of 4 pct. to 6 pct. with total revenue growth essentially flat after consideration of unfavorable foreign exchange of about 5 pct.Says GAAP earnings from continuing operations are now expected to be in the range of $2.43 to $2.53 per diluted share.Says adjusted diluted earnings per share (EPS) from continuing operations is expected to be in the range of $2.45 to $2.55, up 5 pct. to 9 pct. from 2014's adjusted diluted earnings per share of $2.34.Reported revenue of $1.262 billion in FY 2014.FY 2015 revenue of $1.274 billion and EPS of $2.50 - Thomson Reuters I/B/E/S.  Full Article

Barnes Group Inc to acquire Thermoplay S.p.A.
Thursday, 23 Jul 2015 04:30pm EDT 

Barnes Group Inc:Entered into a definitive agreement to acquire privately held Thermoplay S.p.A.Barnes Group has agreed to purchase 100% of Thermoplay's capital stock for 50 mln Euro, subject to certain post-closing adjustments.Barnes Group expects to close the transaction in August 2015.  Full Article

Barnes Group Inc declares quarterly cash dividend
Thursday, 16 Jul 2015 11:22am EDT 

Barnes Group Inc:Declares quarterly cash dividend of twelve cents ($0.12) per share.Payable Sept. 10, to shareholders of record at the close of business on Aug. 27.  Full Article

Barnes Group Inc declares quarterly dividend
Friday, 8 May 2015 08:02am EDT 

Barnes Group Inc:Declares a quarterly cash dividend of twelve cents ($0.12) per share.Payable on June 10 to shareholders of record at the close of business on May 28.  Full Article

BRIEF-Barnes Group increases qtrly dividend 8 pct to 13 cents per share

* Increased company's quarterly cash dividend 8 percent to thirteen cents $0.13 per share of common stock Source text for Eikon: Further company coverage: