Barnes Group (B) to Acquire MB Aerospace
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
Barnes to Acquire MB Aerospace
June 5, 2023 8:30 AM EDTMB Aerospace is a Leading Provider of Precision Aero-Engine Components and Component Repairs for Commercial and Military Aircraft Engines Unique and Highly Complementary Footprint and Technical Capabilities Serving Major Engine OEM, Tier 1 Suppliers, and Operator Customers Globally Significantly Strengthens and Expands Barnes Aerospaces Global Original Equipment Manufacturing Offering and Aftermarket Repair Capabilities Anticipates Revenue Growth, Adjusted Operating Margin, and Adjusted EPS Accretion in Full Year 2024 Strong pro forma free cash flow enables rapid deleveraging, with net debt to Consolidated EBITDA expected below 3.0x within 12 months and 2.5x within 24 months following... More
