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Stock impact report

Barnes Group Inc. Provides Business Update Related to COVID-19 Impact

Barnes Group, Inc. (B) 
Last barnes group, inc. earnings: 4/24 06:30 am Check Earnings Report
Company Research Source: Business Wire
Unprecedented COVID-19 Impact Disrupts Global End MarketsWithdraws Full Year 2020 Business Outlook Given Heightened UncertaintySolid Financial Position, Sufficient Liquidity Profile Sustained BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today announced that given the unprecedented end market environment and the significant macroeconomic disruption brought on by the global COVID-19 pandemic, the Company is withdrawing its full year 2020 sales, earnings, and other outlook provided on February 24, 2020.“Rapidly evolving business conditions and heightened levels of uncertainty make it prudent to withdraw our current guidance,” said Patrick J. Dempsey, President and Chief Executive Officer of Barnes Group Inc. “As a Company, our primary concern is the safety and well-being of our employees and their families, our customers, and our suppliers. While much of Show less Read more
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