- Barnes Group Inc (NYSE:B) business unit Barnes Aerospace has extended a long-term agreement with ITP Aero, a Rolls-Royce Holding (OTC:RYCEY) company, to manufacture components and assemblies for the Trent XWB engine program.
- The arrangement’s financial terms, which extend the duration of the previous agreement through 2025, were not disclosed.
- Barnes Aerospace will continue to leverage its technology in the advanced metal forming, fabrication, and assembly of complex components.
- Barnes Aerospace provides fabricated and precision-machined components and assemblies for OEMs of turbine engines, nacelles, airframes, industrial gas turbines, and the military.
- Price Action: B shares closed higher by 0.74% at $41.04 on Thursday.
HC Wainwright & Co. Maintains Buy on Checkpoint Therapeutics, Adjusts Price Target to $76 – 1-for-10 Reverse Stock Split
HC Wainwright & Co. analyst Joseph Pantginis maintains Checkpoint Therapeutics (NASDAQ:CKPT) with a Buy, adjusts price target to $76 - 1-for-10 reverse stock split.