Barclays Share News (BARC)

- Eurogroup releases 58bn euros but delays full Greek bailout.- ECB 'reasonably satisfied' with LTRO- International Power rises on Indonesian deal.The Footsie opened flat in early trading on Friday on news that European leaders have delayed the decision to fully bail out Greece for another 10 days.Eurozone finance ministers, who met for a summit in Brussels last night, released €58bn to Greece to underpin a €206bn debt restructuring, but are holding back the remaining €71.5bn until they are fully satisfied that Athens can fulfil the terms and conditions of the bailout package. They have delayed the final decision until a Eurogroup meeting on March 12th, just eight days before Athens faces a €14.5bn bond repayment."Ministers note with satisfaction that Greece thereby undertook decisive and swift legislative action in the areas of fiscal consolidation, revenue administration, pension reform, financial sector regulation and supervision and growth-enhancing structural reforms," said Eurogroup President Jean-Claude Juncker."This will allow the Greek adjustment effort to regain momentum, which - together with a rigorous implementation of the agreed policy package for the new programme - constitutes the basis for putting the public finances and the economy of Greece back on a sustainable path." London's blue chip index surged by 1% yesterday after it was announced that the Greek debt-swap agreement will not be considered a 'credit event'. Juncker said that the Eurogroup is looking forward to a high participation of private creditors in the debt exchange.Meanwhile, President of the European Central Bank (ECB) Mario Draghi said the monetary authority is 'reasonably satisfied' with the results of Wednesday's long-term refinancing operation (known as LTRO). The ECB doled out no less than €529.5bn in three-year loans to 800 European financial institutions. That figure topped not only analyst expectations of €470bn but also surpassed the €489bn given out in funds in the first LTRO last December. Draghi also commented that "sizeable progress" has been achieved with fiscal and structural reforms.INTERNATIONAL POWER JUMPS AFTER INDONESIAN DEALElectricity group International Power (IPR) and French utilities firm GDF SUEZ (which owns 70% of IPR) have announced that IPR-GDF SUEZ Asia has signed 30-year power purchase agreements (PPAs) for two 220MW geothermal projects with the Indonesia state-owned utility, PLN. The two projects are planned to be built on Sumatra island "to deliver power to the region which continues to experience high demand growth," IPR said. IPR was gaining over 3%, leading the rise on the Footsie.Sector peers Severn Trent, Centrica and National Grid were also in demand early on. Banks were also performing well, with Barclays, Lloyds and RBS among the high risers.Engineering group IMI rose after upping its full-year dividend by 15% as it reported double-digit growth in both revenues and adjusted profits in 2011. During the 12 months ended December 31st, revenue jumped 12% from £1,911m to £2,131m, ahead of expectations of £2,120bn. Adjusted pre-tax profit increased by 19% from £304.4m to £363.4m.Real estate investment trust Hammerson nudged higher after saying that it is to dispose of its freehold for 54-60 rue du Faubourg Saint-Honoré in Paris for €165m, slightly above its December 2011 book value. Pharmaceuticals giant GlaxoSmithKline (GSK) was flat despite saying that it expects to create the number one vaccines company in Japan after forming a joint venture (JV) with Japanese peer Daiichi Sankyo.FTSE 250: RENTOKIL ANNOUNCES LOSS ON CITY LINK IMPAIRMENTSBusiness services company Rentokil announced a £116.2m loss before tax for the fourth quarter of 2011, while for the full year the company's red ink comes to £50m. The main reason behind those losses is the goodwill write-downs incurred by Rentokil to reflect the poor financial performance of its City Link unit.Heading the other way on the second-tier index was electronic components provider Laird after announcing a big rise in profits and a series of acquisitions worth over £30m.BCFTSE 100 - RisersInternational Power (IPR) 360.90p +3.08%Barclays (BARC) 256.70p +2.21%IMI (IMI) 986.50p +1.70%Essar Energy (ESSR) 111.00p +1.46%Lloyds Banking Group (LLOY) 35.26p +1.39%Royal Bank of Scotland Group (RBS) 28.05p +1.08%Severn Trent (SVT) 1,588.00p +0.89%Schroders (Non-Voting) (SDRC) 1,259.00p +0.80%SSE (SSE) 1,313.00p +0.77%Centrica (CNA) 307.00p +0.72%FTSE 100 - FallersKazakhmys (KAZ) 1,037.00p -2.35%GKN (GKN) 219.80p -1.21%Xstrata (XTA) 1,198.00p -1.16%Next (NXT) 2,737.00p -1.16%Capita (CPI) 756.00p -1.05%CRH (CRH) 1,350.00p -1.03%Wolseley (WOS) 2,477.00p -0.92%Reed Elsevier (REL) 544.00p -0.82%Randgold Resources Ltd. (RRS) 7,235.00p -0.82%Tate & Lyle (TATE) 701.50p -0.78%FTSE 250 - RisersOcado Group (OCDO) 103.00p +3.00%Computacenter (CCC) 405.20p +2.92%Afren (AFR) 139.60p +2.57%Stobart Group Ltd. (STOB) 130.90p +2.27%Daejan Holdings (DJAN) 2,997.00p +2.18%Drax Group (DRX) 515.50p +2.08%Savills (SVS) 377.90p +2.08%Laird (LRD) 176.00p +2.03%Bwin.party Digital Entertainment (BPTY) 161.70p +2.02%RIT Capital Partners (RCP) 1,226.00p +1.32%FTSE 250 - FallersRentokil Initial (RTO) 77.85p -3.23%Regus (RGU) 109.80p -2.66%Cable & Wireless Communications (CWC) 34.23p -2.17%SVG Capital (SVI) 275.60p -2.06%Allied Gold Mining (ALD) 103.00p -1.90%Millennium & Copthorne Hotels (MLC) 481.90p -1.85%Grainger (GRI) 108.10p -1.73%Rightmove (RMV) 1,422.00p -1.52%Capital & Counties Properties (CAPC) 190.60p -1.40%Cape (CIU) 435.70p -1.36%