Shares of the company were down 51 cents at 12

Thesurvey, which began in 2004, does not yet have a sufficientlylarge sample size to permit seasonal adjustment Bonds Bonds. Jan 26 (Reuters) - Barnes Group Inc (B.N), a maker ofaerospace and industrial components, said it cut jobs, frozesalaries and consolidated certain facilities amid decliningdemand, and warned of a tough year ahead, sending its sharesdown 15 percent. Stocks Global Markets The company said its workforce was reduced by 800 to 5700as of Dec 31, 2008 from the previous year. The moves follow a string of other cost-saving steps takenby the company, which has been hurt by the Boeing strike, tightcredit markets and softening transportation market. Barnes will vacate its Central Lake, Michigan facility whenits lease expires in September and idle the Monterrey, Mexicofacility.

Both the facilities primarily support thetransportation industry. It has also sold its North American integrated supplyactivity within its logistics business. It expects to saveabout $40 million through all these actions. The company said the Boeing strike also hurt its businessby about $25 million during the quarter. Late last year, Barnes withdrew its earnings outlook forthe year and said it will exit certain UK operations. Shares of the company were down 51 cents at $12.29 inmorning trade Monday on the New York Stock Exchange Theyearlier touched a low of $10.86.

(Reporting by A.Ananthalakshmi in Bangalore; Editing byGopakumar Warrier) Stocks Global Markets. PRETORIA, Jan 26 (Reuters) - A regional summit has made no progress on Monday in its latest bid to persuade Zimbabwe's rival parties to implement a power-sharing agreement, an opposition official said "We are worlds apart. If we were (inches) apart we are now miles apart," the official from the Movement for Democratic Change told Reuters.. (Adds background, details, SHARE PRICE) By Stefano Bernabei SIENA, Italy, Jan 26 (Reuters) - The main shareholder atBanca Monte dei Paschi di Siena (BMPS.MI) opposes eliminatingthe 2008 dividend at the Italian bank, which is shoring up itscapital ratios. Fondazione Monte dei Paschi di Siena, which holds 56.8percent of the bank's shares, wants to find a "synthesis" ondividend positions with the bank, its chairman Gabriello Mancinisaid on Monday.Asked if the foundation would vote against a decision byMonte Paschi not to hand out a dividend, he told a newsconference: "I don't see why the bank should take thisdecision." The foundation is willing to accept modifications to thebank's 2009-11 business plan, Mancini said in outlining thefoundation's strategic guidelines for the year. The business blueprint calls for a payout ratio of around 50percent by Monte Paschi, Italy's fourth-biggest bank by marketvalue.