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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: 217.55
Bid: 217.40
Ask: 217.45
Change: 0.80 (0.37%)
Spread: 0.05 (0.023%)
Open: 215.35
High: 217.65
Low: 213.60
Prev. Close: 216.75
BARC Live PriceLast checked at -

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London close: 'Fiscal cliff' concerns keep markets under pressure

Thu, 13th Dec 2012 16:45

- Boehner says White House not serious about 'cliff'- Stocks shrug off Fed stimulus- Centamin plummets after mine suspensionStocks markets across Europe took a breather on Thursday, following a strong performance over the last month, as investors digested stimulus plans by the Federal Reserve and ongoing developments in the Eurozone.The Footsie finished the day slightly lower, pulling back after setting a new nine-month high at 5,946 on Wednesday (the last time the index closed higher was on March 19th at 5,961).Market analyst Michael Hewson from CMC Markets said today that a "trifecta of positive factors" managed to underwhelm the market this afternoon:"Three news items that ordinarily would have given markets a significant boost appear to have done anything but today, despite the Fed acting as expected by announcing a new round of asset purchases to the tune of $45bn, and EU leaders agreeing a framework towards a banking union inside their self-imposed deadline of year end, while Greece finally had its long awaited aid tranche finally approved by EU leaders," Hewson said.The Footsie staged a slight rally in afternoon trade following some better-than-expected jobless claims data Stateside. However, as he often has done in the past few weeks, House Speaker John Boehner dampened market sentiment before the close after attacking the Obama administration, saying that the White House is not serious about cutting spending to avert the 'fiscal cliff'."Unfortunately, the White House is so unserious about cutting spending that it appears willing to slow-walk our economy right up to - and over - the fiscal cliff," Boehner said in a press conference this afternoon.FTSE 100: Wood Group falls after mixed update Energy services giant Wood Group has said that it expects to deliver good growth this year, with overall conditions in energy markets remaining 'favourable'. However, shares were down over 4% in afternoon trade after the company reported mixed conditions in its Engineering and GTS divisions. Credit Suisse said that it has cut its Wood Group forecasts for 2013 and expects consensus forecasts to come down also, largely on softer profits from its GTS division. The broker maintained its 'neutral' rating and 925p target price for the stock. Canaccord Genuity also provided some additional downward pressure after reducing its target price for the stock today from 920p to 900p, retaining its 'hold' recommendation. AstraZeneca fell after revealing that its experimental drug for rheumatoid arthritis gave a disappointing performance during tests. The drug had been widely expected to perform some kind of wonder treatment. Burberry was lower on reports that it is planning to review its global media planning and buying account. A decline in Evraz shares appears to be linked to reports that the company has split its iron ore and coal mining divisions. The shares are also settling following decent gains the previous day. Meanwhile, Tullow Oil was recovering one day after Credit Suisse downgraded the stock from 'outperform' to 'neutral', saying that it may take some time for investor confidence to return. Barclays got a boost after Deutsche Bank raised its target price from 300p to 360p and maintained its buy recommendation. The rise comes amid reports claiming that the group is planning to cut 2,000 jobs, according to sources close to the group.FTSE 250: Centamin plunges on mine suspension Egypt-focused gold mining company Centamin saw shares tumble early on after saying that it has suspended operations at its Sukari mine due to issues with fuel suppliers and delays with gold exports. Canaccord Genuity downgraded the stock to 'hold' this morning and slashed its target price from 110p to 40p. Centamin said that it has received an "illegal" $65m retrospective claim from a local fuel company, which is now refusing to supply more fuel to Sukari until the claim is paid. In addition, the firm also announced that its process of gold exports has been hit by delays due to "an unforeseen and arbitrary request from customs officials" for the prior approval from authorities. High Street retailer Sports Direct fell despite delivering significant growth across the board in the first with with revenue up 22.5%. Bus and train group National Express gained after saying it is on target to deliver full-year results in line with company expectations despite challenging conditions. SuperGroup, the owner of clothing retail brand SuperDry, continued to rise one day after it posted a 16.2% rise in revenue for the first half of 2012 covering the 26 weeks to October 28th, according to its interim results published on Wednesday morning.FTSE 100 - RisersTullow Oil (TLW) 1,216.00p +2.88%United Utilities Group (UU.) 701.00p +1.67%Aviva (AV.) 372.80p +1.61%Shire Plc (SHP) 1,956.00p +1.09%BT Group (BT.A) 237.40p +1.06%Rio Tinto (RIO) 3,338.50p +0.83%Hammerson (HMSO) 485.90p +0.77%Admiral Group (ADM) 1,153.00p +0.61%Capita (CPI) 758.50p +0.60%Standard Chartered (STAN) 1,501.00p +0.60%FTSE 100 - FallersWood Group (John) (WG.) 733.50p -4.55%AstraZeneca (AZN) 2,958.50p -2.76%Burberry Group (BRBY) 1,262.00p -2.62%Experian (EXPN) 999.00p -2.25%Amec (AMEC) 1,020.00p -2.21%Randgold Resources Ltd. (RRS) 6,220.00p -1.97%Kazakhmys (KAZ) 744.00p -1.78%Evraz (EVR) 259.10p -1.74%BG Group (BG.) 1,047.00p -1.69%Weir Group (WEIR) 1,836.00p -1.56%FTSE 250 - RisersSupergroup (SGP) 593.50p +6.55%Ruspetro (RPO) 88.30p +5.12%Man Group (EMG) 81.10p +4.51%National Express Group (NEX) 187.90p +4.27%Tullett Prebon (TLPR) 241.50p +3.12%Homeserve (HSV) 236.80p +2.73%Michael Page International (MPI) 386.90p +2.49%Savills (SVS) 460.00p +2.36%Intermediate Capital Group (ICP) 314.20p +2.21%Dunelm Group (DNLM) 650.50p +2.12%FTSE 250 - FallersCentamin (DI) (CEY) 27.70p -47.44%Sports Direct International (SPD) 386.20p -5.64%Dechra Pharmaceuticals (DPH) 601.50p -5.42%New World Resources A Shares (NWR) 263.60p -4.84%Imagination Technologies Group (IMG) 408.00p -4.00%Kenmare Resources (KMR) 30.05p -3.59%Heritage Oil (HOIL) 177.30p -2.64%Restaurant Group (RTN) 376.60p -2.54%Perform Group (PER) 350.00p -2.51%Petropavlovsk (POG) 332.00p -2.47%BC
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30 Nov 2023 09:57

Lloyds to shut 45 branches

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28 Nov 2023 15:40

Barclays axes 900 staff in "disgraceful" pre-Christmas move - UK union

(Alliance News) - Banking firm Barclays PLC is cutting 900 jobs in its UK business as it looks to slash costs in a "disgraceful" pre-Christmas move, trade union Unite has said.

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28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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28 Nov 2023 08:52

PRESS: Barclays eyes dropping quarter of investment bank clients - FT

(Alliance News) - Barclays PLC is exploring the possibility of dropping thousands of its investment bank clients - a quarter of its total - amid a strategic overhaul to bolster its bottom line and cut GBP1 billion of costs, the Financial Times reported on Tuesday.

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28 Nov 2023 07:56

Barclays considers dropping thousands of investment banking clients - report

(Sharecast News) - Barclays is reportedly exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul that is meant to boost profits and cut £1bn of costs.

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28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

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27 Nov 2023 17:16

UPDATE: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 13:44

Barclays in talks to acquire mortgage portfolio from Metro Bank

(Sharecast News) - Banking giant Barclays has entered exclusive talks to acquire a large portfolio of residential mortgages from high street lender Metro Bank as it seeks approval for a wider refinancing aimed at saving it from collapse.

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27 Nov 2023 13:26

PRESS: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 12:54

IN BRIEF: Argo Blockchain hires former CBOE Digital chief to be CEO

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27 Nov 2023 09:20

LONDON BROKER RATINGS: Peel, Numis up Rightmove; Goldman cuts Entain

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26 Nov 2023 09:49

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday.

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24 Nov 2023 16:56

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

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24 Nov 2023 15:03

London close: Stocks mixed on quiet Friday

(Sharecast News) - Market performance showed a mixed trend in London today, with movements relatively subdued after the Thanksgiving holiday across the pond.

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