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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: 0.00 (0.00%)
Spread: 0.10 (0.049%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 202.35
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London close: Footsie at two-month low on global uncertainty

Thu, 15th Nov 2012 16:31

- FTSE 100 at lowest level since early September- US, Eurozone and UK data disappoints- BP reaches settlement with US DoJPolitical uncertainty and disappointing economic figures the world over weighed heavily on UK stock markets today, pushing the FTSE 100 close to its lowest levels since early Septmeber.The Footsie finished at its intraday low of 5,678. The last time the index closed lower was on September 5th when it finished at 5,658. Stateside, stocks suffered declines after the opening bell in New York after some disappointing guidance from economic bellwether Wal-Mart, a surge in jobless claims last week and a fall in the Philly Fed manufacturing survey in November. Nervousness ahead of President Barack Obama's face-to-face negotiations with Republicans about the 'fiscal cliff' in Congress tomorrow was also on investors' minds, as well as violence in the Middle East as the Gaza Strip conflict reignites.On this side of the Atlantic, it was revealed today that Eurozone gross domestic product (GDP) contracted by 0.1% in the third quarter, in line with consensus estimates. When accounting for the 0.2% decline in the second quarter, it means that the single-currency area entered technical recession after contracting for a second consecutive quarter. "Even though we saw a slight upward adjustment in German and French numbers for Q3, investors remain more worried about the data for Q4 which continues to disappoint," said market analyst Michael Hewson from CMC Markets.Things weren't much brighter for domestic data either after the Office for National Statistics revealed that UK retail sales volumes fell by 0.8% in October, much worse than the 0.1% fall expected by analysts. Sentiment in the UK is still fragile after the Bank of England yesterday cut its growth estimate for 2013.Meanwhile, Moody's has said that if the UK falls back into recession then it could downgrade its 'AAA' credit rating.FTSE 100: BP falls after reaching settlement with US DoJOil titan BP dropped into the red after it announced late this afternoon that it has resolved all criminal claims with the US Department of Justice in relation to the Gulf of Mexico oil spill disaster in 2010 and will pay the government $4bn in installments over the next five years. It is also paying the Securities and Exchange Commission $525m over a three-year period."We apologise for our role in the accident, and as today's resolution with the U.S. government further reflects, we have accepted responsibility for our actions," said BP CEO Bob Dudley.Water group Pennon finished the day as the worst performer on the Footsie after reporting that full-year profits at its recycling unit Viridor would be "somewhat below the bottom of the current range of market expectations".Vodafone finished lower after the telecom's CEO Vittorio Colao said that he wouldn't rule out selling its 45% stake in Verizon Wireless, according to Bloomberg.Meanwhile, oilfield services firm Wood Group sank after Nomura named it as one of the "top 'reduces' for 2013." The broker said that the stock is trading at a 24% premium to the sector average which is "unwarranted given undifferentiated business model and limited upside to EPS." Sector peer AMEC was lower after BarCap and Canaccord both reduced their target prices for the stock.Life insurer Resolution tanked after a mixed update, saying that new business profitability is continuing to improve, but that its international business is "below par" and it will incur higher costs from IT updates. Mining and banking stocks held up quite well today despite the macroeconomic uncertainty: EVRAZ, RBS, Xstrata, Kazakhmys and Barclays were among the best performers. GKN was also a strong riser, boosted in part by reports that it has revised its Memorandum of Understanding (MOU) with Shanghai Aircraft Manufacturing Company and formed a deal over manufacturing development and intellectual property rights. FTSE 250: WS Atkins jumps 11%Design and engineering consultancy group WS Atkins jumped after it topped expectations with its interim profits, and signalled optimism for the future by announcing that it has resumed recruiting. Nickel miner Talvivaara was subdued after replacing its CEO Harri Natunen with Pekka Perä following the interruption to metals production caused by leakage in a gypsum pond. Construction group Kier was in demand after saying that it remains on course to meet full year expectations as it builds momentum towards the second half of the year. Meanwhile, New World Resources suffered after JP Morgan reduced its target price from 260p to 210p and downgraded the stock to 'underweight'. Jefferies also cut its target price from 300p to 275p and reiterated a 'hold' recommendation. On Wednesday the company announced that it had seen a big drop in revenues and profits over the first nine months of the year as it was hit by floundering demand in steel markets. FTSE 100 - RisersEvraz (EVR) 225.50p +3.73%Royal Bank of Scotland Group (RBS) 282.20p +1.62%Xstrata (XTA) 958.00p +1.09%Kazakhmys (KAZ) 667.00p +0.91%GKN (GKN) 204.30p +0.79%IMI (IMI) 942.00p +0.75%Barclays (BARC) 239.25p +0.67%Fresnillo (FRES) 1,948.00p +0.67%Admiral Group (ADM) 1,068.00p +0.56%CRH (CRH) 1,117.00p +0.54%FTSE 100 - FallersPennon Group (PNN) 628.50p -6.19%Wood Group (John) (WG.) 790.50p -5.89%Resolution Ltd. (RSL) 230.00p -3.97%Amec (AMEC) 1,020.00p -3.41%International Consolidated Airlines Group SA (CDI) (IAG) 161.10p -3.24%Kingfisher (KGF) 275.40p -2.69%Petrofac Ltd. (PFC) 1,511.00p -2.58%Aberdeen Asset Management (ADN) 331.80p -2.27%Prudential (PRU) 852.00p -2.18%Rolls-Royce Holdings (RR.) 852.00p -2.18%FTSE 250 - RisersAtkins (WS) (ATK) 710.00p +11.29%COLT Group SA (COLT) 105.00p +6.17%TalkTalk Telecom Group (TALK) 221.00p +5.24%Stobart Group Ltd. (STOB) 111.00p +4.72%Computacenter (CCC) 364.70p +4.20%Dechra Pharmaceuticals (DPH) 594.00p +4.03%Balfour Beatty (BBY) 249.90p +3.65%Bank of Georgia Holdings (BGEO) 1,070.00p +3.58%Bumi (BUMI) 274.40p +3.39%Kier Group (KIE) 1,143.00p +3.35%FTSE 250 - FallersMan Group (EMG) 73.75p -5.69%Ruspetro (RPO) 95.20p -4.32%Imagination Technologies Group (IMG) 445.00p -4.28%Centamin (DI) (CEY) 67.75p -3.90%New World Resources A Shares (NWR) 238.80p -3.40%Home Retail Group (HOME) 106.70p -3.00%BBA Aviation (BBA) 198.10p -2.99%Hunting (HTG) 723.50p -2.56%Perform Group (PER) 390.00p -2.50%London Stock Exchange Group (LSE) 930.00p -2.41%BC
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4 May 2024 08:37

Norway wealth fund to back Barclays CEO, chair at AGM

OSLO, May 4 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday.

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3 May 2024 17:04

Ex-Odey portfolio manager Hanbury warns investors are 'buying blind'

LONDON, May 3 (Reuters) - Former Odey Asset Management (OAM) portfolio manager James Hanbury has said in a letter to investors that passive and systematic trading strategies have grown so much that those trading on company fundamentals might be hurt.

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2 May 2024 13:48

UK shareholder meetings calendar - next 7 days

Friday 3 May 
Ashoka India Equity Investment Trust PLCGM re share issue
HSBC Holdings PLCAGM
Intercontinental Hotels Group PLCAGM
Mondi PLCAGM
More Acquisitions PLCAGM
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Caledonia Mining Corp PLCAGM
CPPGroup PLCAGM
Just Group PLCAGM
Macfarlane Group PLC AGM
Plus500 LtdAGM
Supernova Digital Assets PLCAGM
Wednesday 8 May 
Airea PLCAGM
Antofagasta PLCAGM
Aston Martin Lagonda Global Holdings PLCAGM
Deltex Medical Group PLCAGM
Direct Line Insurance Group PLCAGM
Fidelity European Trust PLCAGM
Haleon PLCAGM
Jardine Matheson PLCAGM
JZ Capital Partners LtdEGM re investing in a secondary fund
Oscillate PLCAGM
Pershing Square Holdings LtdAGM
Rentokil Initial PLCAGM
WPP PLCAGM
Thursday 9 May 
Ascential PLCAGM
BAE Systems PLCAGM
Balfour Beatty PLCAGM
Barclays PLCAGM
CAB Payments Holdings PLCAGM
Catenai PLCGM re convertible loan note
Clarkson PLCAGM
FBD Holdings PLCAGM
Genel Energy plcAGM
Gym Group PLCAGM
Harbour Energy PLCAGM
Hiscox LtdAGM
IMI PLCAGM
Inchcape PLCAGM
Indivior PLCAGM
John Wood Group PLCAGM
Jupiter Fund Management PLCAGM
Logistics Development Group PLCAGM
Man Group PLCAGM
Morgan Advanced Materials PLCAGM
OSB Group PLCAGM
Public Policy Holding Co IncAGM
Rathbones Group PLCAGM
RM PLCAGM
Spire Healthcare Group PLCAGM
Synthomer PLCAGM
Uniphar PLCAGM
  
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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1 May 2024 14:50

Barclays to cut jobs in investment banking - reports

(Sharecast News) - Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks to tackle underperformers and reinvest in new talent.

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30 Apr 2024 20:30

GM in talks with Barclays to replace Goldman Sachs in credit card partnership -source

NEW YORK April 29 (Reuters) -

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29 Apr 2024 10:02

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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26 Apr 2024 16:35

London close: Stocks buoyed by banking, mining positivity

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

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26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015

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26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

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26 Apr 2024 09:33

LONDON BROKER RATINGS: Peel Hunt cuts ConvaTec to 'reduce'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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25 Apr 2024 16:57

LONDON MARKET CLOSE: FTSE 100 shakes off red-hot US inflation gauge

(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP.

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25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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25 Apr 2024 11:00

Where are Wall Street's analyst notes on Trump's Truth Social?

NEW YORK, April 25 (Reuters) - Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear.

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25 Apr 2024 09:19

Barclays Q1 profit falls 12% as trading slump hits

Q1 profit of 2.3 bln pounds, just above forecasts

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25 Apr 2024 08:36

TOP NEWS: Barclays first quarter profit falls but beats expectations

(Alliance News) - Barclays PLC on Thursday reported a fall in first quarter profits as a weak investment banking performance hindered performance.

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