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0 0 0.000122624156958984 0.000367872470876777 0.00331085223789099 0.00441446965052132 0.00257510729613744 -0.00331085223789082
Stock impact report

Here's Why You Should Avoid Investing in Barnes Stock Now [Yahoo! Finance]

Barnes Group, Inc. (B) 
Last barnes group, inc. earnings: 4/24 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
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 Orbis and Associated Spring Raymond. Business Weakness: Barnes is witnessing weakness in the Industrial segment owing to the softness of its motion control solutions and automation businesses. Demand for products like multi-cavity molds has been particularly weak. Continued softness in the transportation, personal care and packaging end markets is likely to impact the segment's performance in the near term. Weakness in the China region is another concern. Amid these challenges, its second-quarter revenues declined 24% on a year-over-year basis. Rising Costs: Barnes has been dealing with the adverse impacts of the high cost of sales. Inc Show less Read more
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