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Barnes to Exit Certain UK Operations
(Reuters UK) - Aerospace and industrial components maker Barnes Group B said it is exiting certain non-core operations in the UK, and will take related charges in the fourth quarter.The company said it sold the UK Motalink van business, certain assets of the UK direct sales to car dealerships unit...
Barnes Group Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Christophe Glynn – Oppenheimer & Co. Christophe Glynn – Oppenheimer & Co. Just wondering about your comments on Boeing creating ongoing uncertainty, talk a little about what that means with the strike now done. Gregory F. Milzcik Keep in...
Barnes Group Inc. Responds to Ongoing Boeing Labor Strike
* Third Quarter 2008 earnings release scheduled for October 31, 2008 BRISTOL, Conn. -- Barnes Group Inc. (NYSE: B), a leading international aerospace and industrial components manufacturer and full-service distribution company, today announced that the Company is withdrawing earnings guidance for the full year. Barnes Group anticipates disruption as...
William C. Denninger Retires as Barnes Group Inc. CFO and Board Member
BRISTOL, Conn. -- Barnes Group Inc. (NYSE: B) today announced that William C. Denninger has notified the Company of his intention to retire as Senior Vice President, Finance and Chief Financial Officer and as a Director, effective June 2, 2008.
Barnes Group Inc. Increases Quarterly Dividend 14 Percent
Announces New Stock Repurchase Program
Barnes Group Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Peter Lisnic – Robert W. Baird. Analyst for Peter Lisnic – Robert W. Baird As I look through the aerospace backlog number the implied order rate is about 2% or so year-on-year and I’m just curious...
Barnes Group Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions And your first question comes from the line of Matt Summerville with KeyBanc. Matt J. Summerville - KeyBanc Capital Markets Good morning. A couple of questions. First on Distribution, can you talk about what you're seeing in terms of current order activity in both...
Barnes Group Inc. Reports Fourth Quarter and Full Year 2007 Financial Results
* 2007 annual net sales rise 14 percent to $1.44 billion
Barnes Group Inc. Announces Fourth Quarter 2007 Conference Call Webcast
BRISTOL, Conn. -- Barnes Group Inc. (NYSE:B) today announced that its fourth quarter 2007 results will be made public on Friday, February 15, 2008, before the market opens, and that the fourth quarter 2008 results conference call will begin at 8:30 AM ET on that day.
Barnes Group Inc. Announces New Aftermarket Revenue Sharing Agreement
BRISTOL, Conn. -- Barnes Aerospace, a business segment of Barnes Group Inc. (NYSE: B), today announced that it has entered into a new aftermarket Revenue Sharing Program RSP Agreement with General Electric Company (NYSE: GE). Similar to Barnes Aerospace's other aftermarket RSPs that provide the exclusive right to supply designated...
Barnes Group Inc. Reports Third Quarter 2007 Financial Results
* Net sales of $360 million, up 12% from prior year quarter
Barnes Group Inc. Declares Quarterly Dividend
BRISTOL, Conn. -- The Board of Directors of Barnes Group Inc. (NYSE: B) today declared a quarterly cash dividend of 14 cents ($0.14) per share. The dividend will be payable December 10, 2007, to shareholders of record at the close of business on November 30, 2007.
Barnes Group Inc. Delivers Company Notice to Holders of 3.75% Convertible Senior Subordinated Notes Due 2025
BRISTOL, Conn. -- Barnes Group Inc. (NYSE: B) today delivered a notice to holders of its 3.75% Convertible Senior Subordinated Notes Due 2025 to the effect that, for at least 20 trading days during the 30 consecutive trading days preceding September 28, 2007, the closing price of the Company's common...
Barnes Group Inc. Names Patrick J. Dempsey President, Barnes Distribution
BRISTOL, Conn. -- Barnes Group Inc. (NYSE: B) today announced that it has named Patrick J. Dempsey, 43, President, Barnes Distribution, a business segment of Barnes Group Inc. Mr. Dempsey, a Vice President of Barnes Group Inc., will succeed Idelle K. Wolf, 55, who is retiring. To assure a smooth...
Barnes Group Inc. Announces Third Quarter 2007 Conference Call Webcast
BRISTOL, Conn. -- Barnes Group Inc. (NYSE: B) today announced that its third quarter 2007 results will be made public on Friday, November 2, 2007, before the market opens, and that the third quarter 2007 results conference call will begin at 8:30 AM EDT on that day.
Barnes Group Inc. Announces Second Quarter 2007 Financial Results
- Net sales rise 16 percent to $360 million
Barnes Group Inc. Declares Quarterly Dividend
BRISTOL, Conn. -- The Board of Directors of Barnes Group Inc. (NYSE: B) today declared a quarterly cash dividend of 14 cents ($0.14) per share. The dividend will be payable September 10, 2007, to shareholders of record at the close of business on August 31, 2007.
Barnes Group Inc. Delivers Company Notice to Holders of 3.75% Convertible Senior Subordinated Notes Due 2025
BRISTOL, Conn. -- Barnes Group Inc. (NYSE: B) today delivered a notice to holders of its 3.75% Convertible Senior Subordinated Notes Due 2025 to the effect that, for at least 20 trading days during the 30 consecutive trading days preceding June 29, 2007, the closing price of the Company's common...
Barnes Group Inc. Announces New Aftermarket Revenue Sharing Agreement
BRISTOL, Conn. -- Barnes Aerospace, a business segment of Barnes Group Inc. (NYSE: B), today announced that it has entered into a new aftermarket Revenue Sharing Program RSP Agreement with General Electric Company (NYSE: GE). Barnes Aerospace's aftermarket RSPs provide the exclusive right to supply designated aftermarket parts to GE...
Barnes Group Inc. Announces Second Quarter 2007 Conference Call Webcast
BRISTOL, Conn. -- Barnes Group Inc. (NYSE:B) today announced that its second quarter 2007 results will be made public on Thursday, August 2, 2007, before the market opens, and that the second quarter 2007 results conference call will begin at 1:00 p.m. EDT on that day.
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- Revenue (Fiscal Year) $1.4B
- Profit (Fiscal Year) $101.3M
- Incorporated: 1925
- CEO: Mr. Gregory F. Milzcik
Barnes Group is an international aerospace and industrial components manufacturer and distributor serving end markets and customers. As of Dec 31 2007, Co. had three operating segments: Barnes Aerospace, a manufacturer and repairer of engineered components and assemblies for aircraft engines, airframes and land-based industrial gas turbines; Barnes Distribution, an international, vendor managed inventory distributor of industrial maintenance, repair, operating and production parts and supplies; and Barnes Industrial, a global provider of precision components, which manufactures and supplies precision mechanical springs, compressor reed valves, and nitrogen gas products.
Stock Quote
Board of Directors
Mr. Thomas O. Barnes Chairman
Mr. William J. Morgan
Mr. Thomas J. Albani
Mr. Gregory F. Milzcik
Mr. John W. Alden
Mr. Gary G. Benanav
Mr. William S. Bristow Jr.
Mr. George T. Carpenter
Mr. Donald W. Griffin
Mr. Frank E. Grzelecki
Ms. Mylle H. Mangum
NAICS Code
Other Metal Container Manufacturing: 332439
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