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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
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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 -

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London afternoon: Downbeat banks hold back Footsie

Fri, 17th Dec 2010 15:05

Shares remain uncertain as the weekend approaches, with banks holding the leading share index back amid continuing eurozone worries.Ratings agency Moody's has slashed its credit rating on Ireland by five notches to Baa1 from Aa2 citing concerns over banking liabilities and economic prospects. Meanwhile, Lloyds Banking has sounded a warning on the Irish economy. "We are concerned that any economic recovery in the Republic of Ireland may take longer to achieve, and that asset prices will remain depressed for longer, than previously anticipated,' the bank says. It anticipates that a further 10% of its £26.7bn Irish portfolio will become impaired by the year end compared with the mid-year situation.Shares in the bank are firmly in the red, as are those of RBS, which also has strong Irish exposure. AstraZeneca has tumbled after it suffered another delay in getting US approval for its potential blockbuster blood-thinning drug Brilinta after the US Food and Drug Administration requested more information. The FSA issued AstraZeneca with a complete response letter requesting additional analysis of the data from a study of the effects of Brilinta (ticagrelor) on 18,600 patients in 43 countries compared with its main rival Plavix.Property companies are higher after Credit Suisse upgraded its recommendation for the sector to overweight. Land Securities and British Land are both higher. A surge in activity in the fourth quarter enabled temporary power and temperature control specialist Aggreko to nudge its full-year profit estimates higher. It now expects a pre-tax profit of around £305m for 2010, up from its estimate of £300m in October. However, next year will be tougher without such benefits as the World Cup, it warned.Petrofac, the oilfield services provider, thinks net profit for 2010 will be up by a fifth, in line with expectations, while the year-end order backlog should be a new record. In a statement ahead of full-year results due on 7 March, the company said it should match the $416.3m profit forecast by analysts.Bus and train operator National Express will complete its business recovery programme ahead of schedule and now expects full-year profit to beat expectations. Normalised profit before tax, which excludes one-off items, will be "a little above current market expectations and markedly stronger than was expected back in January 2010". FCAM is higher after AIM-quoted activist investment company Sherborne Investors requisitioned a general meeting to remove two directors of F&C Asset Management and replace them with three of its own appointees. Pub owner Punch is in demand today after it saw a modest improvement in both arms of its operation over the past 16 weeks, but trading for its tenanted arm still remains very difficult.Melrose Resources is also wanted after saying it is forecasting an average daily production rate in 2011 of 21.7 million barrels of oil equivalent per day (Mboepd) on a net entitlement basis, assuming a Brent oil price of $75 a barrel.The prediction, comprising 87% gas and 13% hydrocarbon liquids, is up 24% on this year's expected number of 17.5 Mboepd. Output on a working interest basis is forecast to hit 44 Mboepd, about 8% higher than the current 2010 market guidance of 40.7 Mboepd.FTSE 100 - RisersAutonomy Corporation (AU.) 1,542.00p +5.26%Amec (AMEC) 1,160.00p +2.56%Investec (INVP) 509.00p +2.41%British Land Co (BLND) 519.00p +1.96%BT Group (BT.A) 182.80p +1.90%3i Group (III) 329.20p +1.82%Fresnillo (FRES) 1,552.00p +1.77%Vedanta Resources (VED) 2,430.00p +1.63%Johnson Matthey (JMAT) 2,041.00p +1.54%GKN (GKN) 217.10p +1.54%FTSE 100 - FallersAstraZeneca (AZN) 2,971.50p -5.76%Royal Bank of Scotland Group (RBS) 38.00p -5.28%Lloyds Banking Group (LLOY) 66.50p -3.57%Cobham (COB) 200.20p -2.58%BAE Systems (BA.) 324.30p -1.85%Smiths Group (SMIN) 1,234.00p -1.83%Aviva (AV.) 383.50p -1.82%Resolution Ltd. (RSL) 231.40p -1.74%RSA Insurance Group (RSA) 124.10p -1.51%Barclays (BARC) 259.65p -1.46%FTSE 250 - RisersPunch Taverns (PUB) 74.65p +12.00%CPP Group (CPP) 307.00p +8.71%Melrose Resources (MRS) 235.50p +8.03%ITE Group (ITE) 233.90p +7.15%National Express Group (NEX) 240.00p +5.63%F&C Asset Management (FCAM) 78.50p +5.51%Avis Europe (AVE) 222.00p +5.36%JD Wetherspoon (JDW) 451.10p +5.32%SDL (SDL) 657.00p +4.12%Informa (INF) 407.00p +3.77%FTSE 250 - FallersDixons Retail (DXNS) 24.49p -3.92%Grainger (GRI) 100.30p -3.56%Supergroup (SGP) 1,375.00p -2.83%Premier Foods (PFD) 18.34p -2.76%Yule Catto & Co (YULC) 306.70p -2.63%St. Modwen Properties (SMP) 161.70p -2.59%Unite Group (UTG) 193.00p -2.53%Cable & Wireless Communications (CWC) 50.80p -2.31%Greggs (GRG) 453.10p -2.03%Moneysupermarket.com Group (MONY) 78.00p -1.95%
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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.

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