Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 202.35
Bid: 202.15
Ask: 202.25
Change: 1.35 (0.67%)
Spread: 0.10 (0.049%)
Open: 202.50
High: 203.40
Low: 199.58
Prev. Close: 201.00
BARC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

BUZZ-U.S. Stocks on the Move-Royale Energy, Methode, Concert Pharma

Thu, 26th Jun 2014 18:06

(For faster updates on individual market-movers, Eikon usersplease use search string "STXBZ US"; for more market insights,including options activity, ; for the Day Aheadnewsletter, http://link.reuters.com/mex49s; for the Morning NewsCall newsletter, http://link.reuters.com/nex49s)

U.S. stocks fell on Thursday following comments from a topFederal Reserve official that interest rate increases shouldcome sooner rather than later. The Dow Jones industrial average was down 0.17 percent at 16,839, the S&P 500 wasdown 0.22 percent at 1,955.28 and the Nasdaq Composite was down 20.92 points, or 0.48 percent, to 4,358.84.

** ROYALE ENERGY INC, $3.2648, +8.47 pct

The oil and gas producer said a review found up to 325.3million barrels of oil in two locations in Alaska's North Sloperegion. The assessed regions were among company's recentacquisition of Big Bend seismic survey.

** METHODE ELECTRONICS INC, $37.4, +13.26 pct

The electronic products maker forecast sales for year endingMay 2015 above analysts' estimates. Methode, whose productsinclude touchscreens, sensors, remote controls and high-speeddata cables, said it expects to launch new products in fiscal2015. The company also reported better-than-expected revenue forfourth quarter, helped by higher sales in automotive,interconnect and power products segments.

** CONCERT PHARMACEUTICALS INC, $9.815, +10.28 pct

Ladenburg Thalmann analysts initiated coverage on the drugdeveloper's stock with a "buy" rating. Analysts said theybelieve in the potential of the company's strategy of developingmedicines using deuterium, a naturally occurring relative ofhydrogen that strengthens molecular bonds.

** NATURE'S SUNSHINE PRODUCTS INC, $17.73, +13.15pct

The healthcare company said it entered into a joint venturewith Shanghai Fosun Pharmaceutical Co to market and distributeNature's Sunshine and Synergy products in China.

Fosun Pharma will also invest about $46.3 million inNature's Sunshine common stock in a private placementtransaction.

** HARVARD BIOSCIENCE INC, $3.955, +6.03 pct

Janney Capital Markets started coverage of the scientificapparatus maker's shares with a "buy" rating. Janney analystssaid they expected the new management's initiatives to translateinto double-digit earnings per share growth over the nextseveral years.

** OHR PHARMACEUTICAL INC, $9.74, +33.24 pct

Vista Partners raised the price target on the drugdeveloper's stock to $31 from $14, saying Ohr's Squalamine eyedrops has potential to change the way patients are treated forage-related macular degeneration.

** XEROX CORP, $12.35, -1.89 pct

Brokerage Argus Research cut rating on the company's stockto "hold" from "buy", according Streetinsider.com.

** GOPRO INC, $31.3101, +30.46 pct

Shares of GoPro, which makes wearable cameras, rose as muchas 26 percent in their market debut. The stock's high of $30.19in early Nasdaq trading valued the company at $3.7 billion.

** BARCLAYS PLC, $14.69, -6.49 pct

** UBS AG, $18.43, -2.64 pct

** LAZARD LTD, $50.4, -2.87 pct

** CREDIT SUISSE GROUP AG, $28.311, -3.47 pct

** DEUTSCHE BANK AG, $26, -2.38 pct

The New York State's attorney general has filed a securitiesfraud lawsuit against Barclays, accusing the British bank ofgiving an unfair edge in the United States to high-frequencytrading clients even as it claimed to be protecting othercustomers from such traders. Barclays could suffer a litigationcost of $163 million from the activities and Deutsche Bank andUBS could face similar costs from an industry-wideinvestigation, said analysts at Credit Suisse. They gave noestimate for their own bank.

** STEELCASE INC, $15.86, -10.19 pct

The office furniture maker forecast adjusted current-quarterprofit of 22-26 cents per share, below the average analystestimate of 28. The company reported lower-than-expected firstquarter profit, citing weak growth in the Americas and highercosts associated with warranties and freight and distribution,some of which may impact results in current quarter

Steelcase shares were the biggest loser on the New YorkStock Exchange.

** POWERSECURE INTERNATIONAL INC, $9.92, +3.33 pct

The utility and energy technology provider said it madechanges to a contract with an unnamed utility customer,including adjustments to pricing. Lake Street Capital Marketsraised rating on the company's stock to "buy" from "hold".Analysts said renegotiated utility contract gives them greaterconfidence in forward estimates for the company.

** SCHLUMBERGER NV, $116.19, +2.06 pct

Six brokerages raised price targets on the world's largestoilfield services company's stock to $127-$140 after it forecast2017 earnings per share largely above analysts' averageestimate. Schlumberger's margins can improve due to continuedgrowth in the Gulf of Mexico, the introduction of newtechnologies, and increasing operational efficiencies, accordingto RBC Capital Markets.

** TCP INTERNATIONAL HOLDINGS LTD, $10.44, -5.09pct

The lamp maker's shares fell as much as 7.36 pct to $10.19,valuing company at about $282.2 million. The IPO of 7.1 millioncommon share, which were priced at $11 each, below expectedrange of $13-$15, raised about $78.6 million.

** SERVICEMASTER GLOBAL HOLDINGS INC, $17.7, +4.12pct

Shares of ServiceMaster rose about 3.64 percent in theirdebut, valuing the owner of Terminix pest control and AmericanHome Shield brands at about $2.25 billion.

The IPO raised about $610.3 million after its offering waspriced at $17, slightly below its expected price range of$18-$21 per share.

** CANADIAN SOLAR INC, $29.71, +4.21 pct

The solar panel maker's unit signed a deal with KingstonSolar LP for the construction of a 140 megawatt DC Solar Farm inOntario. The project is expected to be fully operational in thethird quarter of 2015 and generate over C$300 million ($276million) in revenue.

** GLU MOBILE INC, $4.41, +8.89 pct

The mobile game maker announced support for Google's Android TV platform. Glu said gamers can now play itstop games, Deer Hunter 2014 and Eternity Warriors 2, on a bigscreen in high definition. The company also integrated the newGoogle Play Game Services into several of its games.

** HB FULLER CO, $47.06, -6.35 pct

The adhesive provider's second-quarter revenue and full-yearearnings missed average analyst estimate, while gross profitmargin fell 2 percentage points.

** UNIPIXEL INC, $7.54, +9.59 pct

The touchscreen sensor maker said it started pilotproduction of its new InTouch Sensors, overcoming technicalchallenges.

Cowen & Co raised price target on the company's stock to$7.50 from $5.00. Analyst Robert Stone said a modest penetrationof the touch device market could support strong sales growth.

** IRON MOUNTAIN INC, $35.75, +20.09 pct

The document storage company said its board has approved itsconversion to a REIT for 2014 tax year after favorable IRSruling.

** CLIFFS NATURAL RESOURCES INC, $14.9, +3.76 pct

The coal miner issued an open letter to shareholdersrejecting activist investor Casablanca Capital LP's claimsagainst the current management.

The hedge fund, which wants to replace Cliffs Natural'schief executive, responded by asking shareholders to vote forits board nominees.

** ELIZABETH ARDEN INC, $22.13, -18.04 pct

South Korea's LG Household & Health Care Ltd said it is no longer interested in acquiring Elizabeth Ardenafter the U.S. cosmetics firm announced this week it wouldembark on extensive restructuring due to mounting losses.

** AUXILIUM PHARMACEUTICALS INC, $21.005, -1.06 pct

** QLT INC, $6.16, +14.08 pct

Drugmaker Auxilium said it would buy Canadian eye drug makerQLT in an all-stock deal to gain access to QLT'sexperimental treatment for retinal diseases caused by genemutations. For QLT shareholders, the transaction represents a 25percent premium based on a calculation of the closing prices ofAuxilium and QLT shares on the Nasdaq on June 25.

** AGENUS INC, $3.51, +2.33 pct

The biotechnology company reported promising data frommid-stage trial of its experimental vaccine for treating genitalherpes. The company said more than half of those vaccinateddeveloped a robust immune response.

** ALCOA INC, $14.94, +2.68 pct

The aluminum giant has agreed to acquire aircraft partsmaker Firth Rixson from private equity firm Oak Hill CapitalPartners for $2.85 billion in cash and stock, the company saidon Thursday. The deal will grow Alcoa's aerospace segment, andboost the aluminum giant's production of nickel and titaniumgoods.

** C&J ENERGY SERVICES INC, $32.51, -0.91 pct

** NABORS INDUSTRIES LTD, $29.09, +6.56 pct

Oilfield services provider Nabors will merge its wellmaintenance business with C&J Energy and receive $2.86 billionin cash and stock. After the deal, Nabors will own about 53percent of the combined company, which will be listed on the NewYork Stock Exchange as C&J Energy Services Ltd.

** BED BATH & BEYOND INC, $56.48, -7.58 pct

The home goods retailer reported weaker-than-expectedresults and forecast. The company said it expects second-quarterearnings of $1.08-$1.16 per share, lower than average analystestimate of $1.20. Two brokerages cut price targets on thecompany's stock, citing weak earnings.

** PHILIP MORRIS INTERNATIONAL INC, $86.48, -2.71 pct

The cigarette maker cut its earnings forecast for 2014 andsaid it is proving to be a "complex and truly atypical" year forthe company. Philip Morris and its rivals are grappling withdeclining sales in a number of markets due to increasinggovernment regulation and more health-aware consumers, as wellas smuggling and an economic downturn. (Compiled by Amrutha Gayathri in Bangalore; Editing by JoyjeetDas)

More News
13 Feb 2024 14:34

UK earnings, trading statements calendar - next 7 days

Wednesday 14 February 
Coca-Cola HBC AGFull Year Results
Dunelm PLCHalf Year Results
Pan African Resources PLCHalf Year Results
Severn Trent PLCTrading Statement
United Utilities Group PLCTrading Statement
Thursday 15 February 
Benchmark Holdings PLCQ1 Results
Centrica PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Relx PLCFull Year Results
South32 LtdHalf Year Results
Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
9 Feb 2024 17:02

LONDON MARKET CLOSE: FTSE 100 falls at end of tepid week

(Alliance News) - Stock prices in London closed lower on Friday, with the FTSE 100's losing streak extending to three days, as sentiment in Europe remains tetchy despite a largely stellar start to the day in New York.

Read more
9 Feb 2024 15:15

London close: Stocks turn sour in afternoon trading

(Sharecast News) - London's markets turned lower on Friday afternoon, concluding a volatile week on a negative note.

Read more
9 Feb 2024 12:46

Barclays pledges to stop directly financing new oil and gas projects

(Alliance News) - Barclays PLC has promised to stop directly financing energy clients' new oil and gas projects as part of updates to its climate change strategy.

Read more
9 Feb 2024 11:44

LONDON MARKET MIDDAY: European markets quiet heading into afternoon

(Alliance News) - European stock markets were quiet heading into Friday afternoon, as investors eye the annual US consumer price index benchmarks revisions.

Read more
9 Feb 2024 08:49

LONDON MARKET OPEN: Tesco bank sold to Barclays for GBP600 million

(Alliance News) - Stock prices in London lacked direction on Friday, after Barclays announced plans to buy the retail banking business of Tesco Bank.

Read more
9 Feb 2024 08:11

Barclays adds scale, income and profits with Tesco Bank deal, says Shore Capital

(Sharecast News) - Shore Capital has reiterated a 'buy' recommendation on Barclays after its deal to takeover Tesco Personal Finance for £600m, saying that the stock should double from current levels.

Read more
9 Feb 2024 07:59

TOP NEWS: Barclays buys Tesco Bank as supermarkets refocus on food

(Alliance News) - Barclays PLC and Tesco PLC on Friday announced an agreement for Barclays to buy the retail banking business of Tesco Bank, as the big UK supermarkets scale back their forays into financial services.

Read more
9 Feb 2024 07:51

LONDON BRIEFING: Barclays buys Tesco's retail banking business

(Alliance News) - Stocks in London are called to open higher on Friday, closing off a busy corporate week.

Read more
9 Feb 2024 07:03

Tesco sells banking unit to Barclays for £600m

(Sharecast News) - UK supermarket giant Tesco has sold its most of its retail banking business to Barclays for £600m, the two companies said on Friday.

Read more
4 Feb 2024 11:12

Sunday newspaper round-up: Asda, Barclays, McLaren

(Sharecast News) - Zuber Issa, one of the two billionaire brothers at the helm of Asda, has been sounding out potential buyers for his 22.5% stake in the grocer. Instead, Zuber wishes to focus on EG Group, their petrol station empire. Meanwhile, Asda's next phase may include a bid for Boots. According to City sources, it was also possible that Zuber might use the funds raised through a sale to fund the purchase of his brother's stake in EG Group. - The Sunday Telegraph

Read more
26 Jan 2024 17:39

Texas bans Barclays from local govt debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton on Friday said Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its pledges to cut greenhouse gas emissions.

Read more
26 Jan 2024 17:08

Texas bans Barclays from local debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton said on Friday that Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its carbon emissions reduction commitments.

Read more
25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

Read more
25 Jan 2024 10:05

Bank of England says 'ring fencing' capital rules for retail banks need no major overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked "satisfactorily" with no major overhaul needed.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.