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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: 190.00
Ask: 219.00
Change: 0.00 (0.00%)
Spread: 29.00 (15.263%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 217.55
BARC Live PriceLast checked at -

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London open: Miners lift Footsie

Tue, 01st Mar 2011 08:50

Overnight gains on Wall Street and an improvement in Asia this morning have propelled London higher first thing Tuesday. Copper miners Antofagasta and Kazakhmys are the best performers so far.CD and computer games retailer HMV has issued another profits warning and begun talks with its banks about a new lending facility as it expects to breach some of its covenant tests when they are next tested.Business has remained "challenging" since the company issued its last warning in January and profit before tax and exceptional items for the year to April is now expected to be "moderately below" the £45m forecast by analysts.Banking giant Barclays is to buy the UK credit card assets of Egg, the online bank owned by Citigroup. The acquired business has around 1.15m credit card accounts with some £2.3bn of gross receivables. Record gold and silver production coupled with soaring metal prices more than doubled Mexican miner Fresnillo's profits last year to over $1bn. Pre-tax profits in 2010 soared from $457m to $1.02bn on revenues of $1.47bn, up 73% on an adjusted basis. "By 2018, Fresnillo will be able to produce 65m ounces of silver and over 400,000 ounces of gold annually," chairman Alberto Baillères said.Aerospace and vehicles engineer GKN bounced back into the black last year as all divisions bar aerospace saw good sales growth. Profits came in at £345m in 2010, a near £400m swing from losses of £54m the previous year. Sales rose by 20% to £5.1bn and by 22% on an underlying basis. Full year numbers from events and publishing group United Business Media looked harmless enough, but investors are spooked, sending the shares down 10%. Adjusted profit before tax fell 5.3% to £156.4m, although a 4.5% increase in revenue at constant currency to £889.2m was better than expected. Underlying revenue grew 5.6%, up from 2.1% for the nine months.Valve and actuators group Rotork delivered record revenue and profit in 2010, with all three of its divisions making progress. Revenue rose 7.6%, or 6.5% to £380.6m in 2010 from £353.5m in 2009. The market had been expecting sales of £374.5m. Despite competition from firms using talking meerkats and comedy opera singers to advertise their products, Moneysupermarket.com saw improving trends in 2010 in all four of its main divisions.
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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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23 Jan 2024 12:37

UK Chancellor Hunt meets top UK bank heads over plans to boost City

(Alliance News) - Jeremy Hunt has met the UK's biggest banks as part of efforts among the government to boost interest in the City.

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22 Jan 2024 17:14

European shares rise as Wall Street rallies; ECB decision in focus

Kindred jumps on takeover bid from FDJ

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22 Jan 2024 16:59

London stocks climb as homebuilders shine, China weakness drags miners

Barclays up after bullish view from MS

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22 Jan 2024 08:34

LONDON MARKET OPEN: FTSE 100 follows New York into the green

(Alliance News) - Stock prices in London opened higher on Monday, propelled by gains on Wall Street at the end of last week.

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