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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

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Share Price: 216.15
Bid: 216.10
Ask: 216.15
Change: 1.15 (0.53%)
Spread: 0.05 (0.023%)
Open: 212.55
High: 216.65
Low: 210.75
Prev. Close: 215.00
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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)

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London close: Stocks turn sour in afternoon trading

(Sharecast News) - London's markets turned lower on Friday afternoon, concluding a volatile week on a negative note.

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9 Feb 2024 12:46

Barclays pledges to stop directly financing new oil and gas projects

(Alliance News) - Barclays PLC has promised to stop directly financing energy clients' new oil and gas projects as part of updates to its climate change strategy.

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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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