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(Alliance News) - London's FTSE 100 underperformed on Thursday, struggling to make headway as figures showed the US entered a technical recession, and as the latest batch of corporate earnings received mixed reviews.
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LONDON, July 28 (Reuters) - Barclays' profit was dented by a 1.9 billion pound ($2.3 billion) hit for regulatory missteps, including having to buy back billions of dollars of securities the bank sold in error, overshadowing an otherwise solid performance.
Read more(Alliance News) - Stock prices in London were mixed on Thursday at midday, as the dust settled on the Federal Reserve's sharp interest rate hike on Wednesday, with focus now turning to earnings from prominent US technology names after the close in New York.
Read more(Alliance News) - Paragon Banking Group PLC on Thursday said it has hired former Barclays PLC executive Robert East as its new non-executive chair with effect from September 1, replacing Fiona Clutterbuck.
Read moreLONDON/FRANKFURT, July 28 (Reuters) - Barclays joined a host of European banks feeling the pinch of a U.S. regulatory probe into breaches related to the use of messaging apps such as Whatsapp, setting aside $200 million to cover the costs in half-year results on Thursday.
Read more(Alliance News) - Barclays PLC on Thursday reported a drop in first-half profit as the bank took a credit impairment charge, but also launched a share buyback.
Read more(Alliance News) - Stock prices in London opened higher on Thursday, amid a busy day on the UK corporate earnings front, after another aggressive interest rate hike by the US Federal Reserve on Wednesday but what sounded to the market like dovish commentary from the Fed thereafter.
Read more(Alliance News) - Stock prices in London are seen opening higher on Thursday, following a strong finish in New York on Wednesday, after the US Federal Reserve executed another 75 basis points interest rate hike.
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(Sharecast News) - Barclays reported a fall in pre-tax profits due to a £1.9bn charge to cover the cost of buying back securities it sold in error and a £300m impairment provision for bad debts amid the cost of living crisis.
Read more(Sharecast News) - Investors' attention on Thursday will be on whether the US entered a so-called 'technical' recession, widely defined as two consecutive quarters of negative growth, during the second quarter.
Read more(Alliance News) - Stock prices in London were higher at midday on Wednesday as upbeat earnings from Alphabet and Microsoft helped offset concerns raised by Walmart's profit warning on Tuesday.
Read more(Alliance News) - Stock prices in London opened higher on Wednesday ahead of an interest rate decision by the US Federal Reserve and amid a busy day on the UK corporate earnings front.
Read moreJuly 26 (Reuters) - UK's top share index was subdued on Tuesday as worries about an energy crisis in the continent and a weakness in British retail and banking stocks offset gains in commodity-linked stocks and an upbeat sales forecast from Unilever.
Read more(Alliance News) - European equities largely recovered from a slow start to post cautious gains on Monday ahead of a busy week of corporate earnings, economic data and a US Federal Reserve interest rate decision.
Read more(Sharecast News) - UK bank Barclays on Monday outlined plans to buy back up to $17.6bn in securities that it sold by mistake after exceeding registered amounts under US regulations.
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