Cascade Investment lowers stake in Berkshire Hathaway to 8.7% from 9.8% The sales were made to facilitate compliance with federal excise tax rules limiting excess business holdings by private foundations.
Barnes Group sees FY!5 adjusted EPS $2.42-$2.57, consensus $2.49 Sees FY15 revenue growth of 3%-6%, consensus $1.34B. Sees FY15 organic revenue growth of 6%-9%. Sees FY15 operating margins to be in the range of 16%-17%. Sees FY15 CapEx $55M-$60M. Sees FY15 cash conversion to approximate 100% of net income.