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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

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Share Price: 206.20
Bid: 206.10
Ask: 206.20
Change: -1.85 (-0.89%)
Spread: 0.10 (0.049%)
Open: 208.05
High: 208.90
Low: 205.85
Prev. Close: 208.05
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MARKET PULSE-BlackBerry, Accenture, Prosensa, Noodles, Emmis

Fri, 28th Jun 2013 17:15

(For more market insights, including options activity, click onSTXNEWS/US; for the Day Ahead newsletter http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/taj39t)

June 28 (Reuters) - Some U.S. stocks on the move on Friday:

WALL ST FLAT AND ON TRACK TO END SEVEN MONTHS OF GAINS

U.S. stocks were flat on Friday, with investors findinglittle reason to push shares higher after a three-day rally onthe S&P 500, which was on pace to end a seven-month rally. TheDow Jones industrial average was down 0.39 percent,Standard & Poor's 500 Index down 0.12 percent and theNasdaq Composite Index was up 0.18 percet.

** BLACKBERRY, $10.72, down 27.6 pct (1032 ET)

The Canadian smartphone maker offered few signs of along-promised turnaround on Friday, with an unexpected quarterlyoperating loss, a dearth of details on sales of itsmake-or-break new line of devices and no return to profitexpected in the current quarter.

** ACCENTURE PLC, $70.09, down 13 pct (1037 ET)

** IBM CORP, $190.00, down 2.5 pct

** COMPUTER SCIENCES CORP, $43.26, down 3 pct

** SAP AG , $72.71, down 4 pct

Outsourcing and consulting services provider Accenture cutits full-year outlook On Thursday, citing a pullback in spendingby its consulting business clients, after reportingthird-quarter revenue below analysts' estimates.

At least two brokerages downgraded the stock. "While weremain convinced Accenture's fundamentals are among the bestwithin IT services industry, we nonetheless view the currentvaluation as unsustainable in the short term at least given poorvisibility on demand," Societe Generale analysts said. Someother big tech stocks such as IBM and SAP also fell on the news.

** AMEDISYS INC, $9.60, down 27.7 pct (0931 ET)

** GENTIVA HEALTHCARE SERVICES INC, $9.29, down 19pct

** LHC GROUP INC, $19.76, 12 pct

** ALMOST FAMILY INC, $17.66, down 11.7 pct

** KINDRED HEALTHCARE INC, $12.81, down 2 pct

Reimbursement to home healthcare providers from the U.S.Medicare program will be cut by about 1.5 percent next year,under a rate change proposal made public by the Centers forMedicare and Medicaid Services on Thursday.

** EMMIS COMMUNICATIONS CORP, $2.25, up 24 pct(0937 ET)

The radio broadcaster reported a first-quarter profit,compared with a loss a year earlier. The company also reportedhigher quarterly revenue.

** NOODLES & CO, $34, up 90 pct (1121 ET)

Shares of fast-casual restaurant chain operator, known forits Pad Thai and Mac & Cheese, rose as much as 110 percent intheir market debut, valuing the company at about $969 million.

** PROSENSA HOLDING, $19.24, up 48 pct (1305 ET)

The Dutch drugmaker received a buoyant welcome in its marketdebut on the Nasdaq, a day after U.S. health regulators granteda "breakthrough status" to its drug to treat a rare disease.

** ARKANSAS BEST CORP, Thursday close $22.92, up14.6 pct (1109 ET)

Employees at the company's ABF Freight System Inc unitratified a collective bargaining agreement for the next fiveyears.

** AZZ INC, $37.50, down 13 pct (1106 ET)

The maker of electrical equipment and components reportedfirst-quarter results that missed analysts' estimates as costsrose. The company also forecast fiscal 2014 results belowanalysts expectations.

** KIOR INC, $5.30, down 9 pct (1029 ET)

The renewable fuel company Vice President John Kasbaumproposed to sell 1,251 shares, according to a regulatory filing on Thursday.

** ARCH COAL INC, $3.58, up 7 pct (0932 ET)

The coal producer said it would sell its Utah subsidiaryCanyon Fuel Company for $435 million to Bowie Resources LLC asit looks to focus on metallurgical coal and optimize its thermalcoal assets. Arch Coal said it expects to save capital andadministrative cost of more than $200 million from 2014 through2017.

** DENDREON CORP, $4.41, up 8 pct (0933 ET)

** RAPTOR PHARMACEUTICALS INC, $9.50, up 1.3 pct

** HOSPIRA, $36.56, up 1 pct

** ONYX PHARMACEUTICALS INC, $86.07, up 1 pct

Experts at the European Medicines Agency recommendedapproval of a host of drugs including Dendreon's cancer vaccineProvenge, Raptor's Procysbi that treats a rare genetic disordercalled nephropathic cystinosis, Hospira's Inflectra that treatsrheumatoid arthritis, inflammatory bowel disease and plaquepsoriasis, and Stivarga, the colorectal cancer drug of Bayer and Onyx.

** BIOGEN IDEC INC, $220.15, up 5.4 pct (0936 ET)

French drugmaker Sanofi's hopes in the multiplesclerosis market received a double boost on Friday as theEuropean regulator backed an injectable treatment and adopted amore positive stance toward a pill for the neurodegenerativedisease. The decisions lifted the stock ofBiogen Idec, a leader in the U.S. multiple sclerosis space withits key drug Tysabri.

** HALOZYME THERAPEUTICS INC, $7.48, up 17 pct(1156 ET)

The company said a new injectable version of Roche's breast cancer drug Herceptin, which uses Halozyme'senzyme technology, was recommended by experts at the EuropeanMedicines Agency.

** JETBLUE AIRWAYS CORP, $6.33, up 4 pct (1119 ET)

David Neeleman, the founder of the airline, is puttingtogether a $3.2 billion investment fund to buy back control ofthe company and purchase Portuguese airline TAP,Brazilian newspaper Folha de S.Paulo reported on Friday.

** AMERICAN SUPERCONDUCTOR CORP, $2.63, up 12.6 pct(0934 ET)

Chinese wind turbine maker Sinovel Wind Group Co and two of its employees were charged with stealing tradesecrets from U.S.-based AMSC by the Department of Justice (DoJ)on Thursday.

** THE FINISH LINE INC, $22.35, up 5 pct (1014 ET)

** FOOT LOCKER INC, $35.08, up 2.4 pct (1116 ET)

Footwear retailer Finish Line reported better-than-expectedquarterly results as higher sales at its Macy's storelocations and of basketball shoes helped same-store sales rise2.4 percent. The company said it expects adjusted earnings pershare to increase in a mid-single digit percentage over fiscal2013's income of $1.47 per share.

** MOLYCORP INC, $5.91, up 5.3 pct (0935 ET)

The rare earths producer said the U.S. Securities andExchange Commission has completed an investigation against thecompany and has not recommended any enforcement action. The SEChad started investigating the accuracy of Molycorp's publicdisclosures last August.

** PETROCHINA CO LTD, $109.0, up 5.3 pct (1040 ET)

China said it would raise the price local distributors payfor gas for non-residential use by 15 percent, the first step ona national scale to reduce the loss state-owned gas producersand importers are taking on the fuel.

** DEUTSCHE BANK, $41.83, down 3.3 pct (1010 ET)

EU finance ministers agreed on Thursday on an intermediatestep towards what is known as banking union, which involvestighter oversight of Europe's banks and coordinated resolutionof any problems. Thursday's agreement means investors andwealthy savers will share the costs of future bank failures.

** BARCLAYS PLC, $16.98, down 3 pct (1031 ET)

Barclays may have to cut lending if it is forced toact quickly to meet a new financial strength target imposed byBritain's financial watchdog, the bank said on Friday.

** PACIFIC SUNWEAR OF CALIFORNIA, $3.70, up 11 pct(0947 ET)

Wedbush Securities Inc upgraded the surfwear maker's stockto "outperform" from "neutral", citing signs of improving salesof surf and skate clothing, expansion into women's apparel withthe opening of 200 new Brandy Melville stores and increasingmargins due to less discounting. The brokerage also raised itsprice target on the stock to $4 from $3.75.

** BARRICK GOLD CORP, $15.62, up 5 pct (1111 ET)

** MCEWEN MINING INC, $1.76, up 4 pct (1105 ET)

** IAMGOLD CORP, $4.38, up 7 pct (1105 ET)

** YAMANA GOLD INC, $9.40, up 7 pct (1105 ET)

** GOLDCORP INC, $23.88, up 4 pct (1105 ET)

** ALAMOS GOLD INC, $11.46, up 3 pct (1101 ET)

** ENDEAVOUR SILVER CORP, $3.24, UP 9 PCT (1107 ET)

Spot gold prices rose 1 percent to $1211.81 per ounceat 1509 GMT, crossing the $1,200 per ounce mark, after fallingto a near three-year trough earlier in the day.

** INVENSENSE INC, $15.48, up 6 pct (1217 ET)

Pacific Crest Securities analyst John Vinh said InvenSense's3-axis gyros have finally been designed into Apple's upcomingiPhones. "We estimate that winning the iPhone socket at Applewould represent an incremental $0.40 in earnings per share," hesaid in a note to clients.

** GAMESTOP INC, $42.58, up 4 pct (1009 ET)

BofA Merrill Lynch started coverage of the world's largestvideo games retailer with a "buy" rating on its stock, accordingto Benzinga.com.

** RENREN INC, $2.95, up 4 pct (1015 ET)

The Chinese social networking site said it would buy back upto $100 million of its American DepositoryShares.

** SUNTECH POWER HOLDINGS CO LTD, $1.02, down 2 pct(0935 ET)

China-based solar panel maker, whose main unit is ininsolvency proceedings, said it had struck a deal with amajority of its bondholders to defer payment on a $541 millionloan until Aug. 30, the third time the company has reached suchan agreement.

** CALAMP CORP, $14.64, up 2 pct (0936 ET)

The wireless device maker reported first-quarter resultsthat beat Wall Street estimates as revenue rose in itshigh-margin business that provides technologies, products andservices to wireless networks. The company also forecastsecond-quarter revenue largely above expectations. Canaccord Genuity raised its price target on thestock to $20 from $16.

** PFIZER INC, $28.52, up 1.2 pct (0938 ET)

The drugmaker authorized a $10 billion share repurchaseprogram, in addition to the $3.9 billion remaining under itscurrent share repurchase program.

** NIKE INC, $61.34, down 1.6 pct (0938 ET)

The sports goods maker, which posted a higher quarterlyprofit on Thursday, said orders for its clothes and shoesjumped, particularly in North America, but orders were flat inChina, stripping out the effect of currency fluctuations. Thecompany, which receives about 11 percent of its sales and 22percent of its profit from China, said it expects revenue fromthe region to fall in the first half of 2014.

** DANA HOLDING CORP, $19.24, up 5.6 pct (0938 ET)

The auto parts supplier said it expanded its sharerepurchase program to up to $1 billion from $250 million.

** SHAW COMMUNICATIONS INC, $23.48, up 3 pct (0952ET)

The Canadian cable company reported stronger-than-expectedquarterly results and raised its cash-flow forecast, sending itsshares up 3 percent in early trading. (Compiled by Kanika Sikka; Editing by Don Sebastian)

More News
24 Nov 2023 08:41

Barclays looking to save up to £1bn; 2,000 jobs at risk - report

(Sharecast News) - Barclays is reportedly working on plans to save as much as £1bn, which could result in as many as 2,000 job losses, mainly in the bank's back office.

Read more
23 Nov 2023 11:28

Greencore signs new GBP350 million sustainability-linked facility

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.

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21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

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17 Nov 2023 15:18

Barclays exploring acquisition of Tesco Bank - report

(Sharecast News) - Barclays has reportedly been exploring a potential acquisition of Tesco's banking operations.

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17 Nov 2023 09:55

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

(Alliance News) - The following London-listed shares received analyst recommendations on Friday and Thursday.

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12 Nov 2023 20:09

Sunday newspaper round-up: Tax fraud scandal, Royal Mail, Metro Bank

(Sharecast News) - More claims against banks and individuals operating in the City linked to the so-called Cum-Ex case are likely. The tax fraud scandal - Europe's largest ever - is estimated to have cost German taxpayers alone almost £10bn. Among the lenders being investigated are Barclays, Bank of America Merrill Lynch, Morgan Stanley, BNP and Nomura, together with law firms and auditors. Last week, the Supreme Court ruled that Danish authorities could pursue an alleged £1.4bn Cum-Ex fraud in London. The decision may open the floodgates to to claims from regulators in other European countries. - Financial Mail on Sunday

Read more
3 Nov 2023 08:43

LONDON MARKET OPEN: FTSE 100 climbs as focus turns to US nonfarms

(Alliance News) - Stock prices in London opened on the up on Friday, looking set to round off a positive week on the up, though a red-hot US jobs report could keep a lid on gains.

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27 Oct 2023 17:08

LONDON MARKET CLOSE: Poorly-received earnings weigh on European stocks

(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading.

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27 Oct 2023 12:06

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

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27 Oct 2023 09:12

LONDON MARKET OPEN: NatWest trims outlook and admits Farage "failings"

(Alliance News) - London's FTSE 100 opened slightly lower on Friday, as banking stocks weighed on the index, with NatWest the worst of the lot after admitting to "serious failings" following a review of the controversial closure of UK politician Nigel Farage's Coutts account.

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25 Oct 2023 09:38

LONDON BROKER RATINGS: Barclays cuts Mondi; Jefferies ups AB Dynamics

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

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25 Oct 2023 09:10

LONDON MARKET OPEN: Essentra falls as profit hit; banks edge lower

(Alliance News) - Stock prices in London opened lower on Wednesday, as investors digest the latest company earnings.

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25 Oct 2023 08:39

TOP NEWS: Lloyds Banking profit up and sticks with margin outlook

(Alliance News) - Lloyds Banking Group PLC on Wednesday maintained its annual net interest margin guidance and reported consensus-topping third-quarter profit, though top-line growth fell just shy of loftier expectations.

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24 Oct 2023 17:08

LONDON MARKET CLOSE: FTSE 100 shakes off midday losses after US data

(Alliance News) - The FTSE 100 closed in the green on Tuesday following positive private sector data out of the US, despite figures closer to home showing a weaker UK private sector and rising unemployment.

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24 Oct 2023 12:00

LONDON MARKET MIDDAY: Stocks in red amid cooling UK economy

(Alliance News) - Stock prices in London were lower at midday Tuesday, though European peers were in the green, with the banking sector weighing on the FTSE 100 after less-than-stellar results from Barclays.

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