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Barnes Group Roiled By Recent News, But Transformation Rolls On
BBarnes (B) Seeking Alpha·2024-07-29 11:30
Monty Rakusen/DigitalVision via Getty ImagesInvestment thesis for Barnes Group Investors voted with their feet on July 26, when the Barnes Group Inc. (NYSE:B) earnings report fell short on two key measures. But there is more going on than just missing the consensus estimates. There are credible reports that the company is “exploring its options”, such as looking for a buyer. And while we await confirmation one way or the other, Barnes continues the transformation process, to make itself more growth and  ...