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Barnes Group lifts its full-year earnings forecast

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May 2, 2008

BRISTOL, Conn.—Barnes Group Inc. raised its full-year earnings forecast Friday after reporting its first-quarter profit climbed 21 percent.

The aerospace and industrial components manufacturer now expects net income of $2.30 to $2.39 per share, up from its previous forecast of $2.20 to $2.30 per share.

Analysts surveyed by Thomson Financial predict 2008 earnings of $2.24 per share.

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