Jefferies Raises Price Target on Barnes Group (B) to $44 Following 2Q EPS Beat
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Barnes Group Inc. Reports Second Quarter 2016 Financial Results
July 29, 2016 6:30 AM EDTSales of $307 million, down 3%; Organic Sales down 6%
Operating Margin of 15.5%, down 60 bps;
Adjusted
Operating Margin of 16.0%, down 30 bps
Diluted EPS of $0.61, Flat to Last Year;
Adjusted
Diluted EPS of $0.63, up 2%
2016 Diluted EPS Guidance Updated to $2.43 to $2.53, up 11% to 16%
from $2.19 in 2015; Adjusted Diluted EPS Guidance Updated to $2.46 to
$2.56; up 3% to 8% from $2.38 in 2015
BRISTOL, Conn.--(BUSINESS WIRE)-- Barnes Group Inc. (NYSE: B), an international industrial and aerospace manufacturer and service... More
GICSA Announces Consolidated Results for Second Quarter 2016
July 28, 2016 7:00 PM EDTMEXICO CITY--(BUSINESS WIRE)-- GRUPO GICSA, S.A.B. de C.V. ("GICSA" or "the Company") (BMV: GICSA), a Mexican leading company specialized in the development, investment, commercialization and operation of shopping malls, corporate offices, industrial buildings and mixed use properties, announced today its results for the second quarter ("2Q16") and first six-month (6M16) periods ended June 30, 2016. All figures have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in millions of Mexican pesos (Ps.). GICSAs financial results presented in this report are unaudited; therefore figures mentioned throughout this... More
