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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: 205.50
Bid: 205.50
Ask: 205.55
Change: -2.55 (-1.23%)
Spread: 0.05 (0.024%)
Open: 208.05
High: 208.90
Low: 202.90
Prev. Close: 208.05
BARC Live PriceLast checked at -

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Thursday share tips: Barclays, Bwin.party

Thu, 09th Jul 2015 17:57

Barclays chairman John Mcfarlane has decided Antony Jenkins's time is up. That is somewhat surprising. Jenkins has successfully begun the slow process of rebuilding the lender's reputation. Nevertheless, at 70% the bank's cost-to-income ratio is still too high. In parallel, its return on equity - even on an adjusted basis - is still too low. Indeed, after the gains made during his first six months on the job the share price has gone nowhere. Like Deutsche Bank, another purported "universal" bank, Barclays is too many things to too many people. A retail and commercial lender for a Brit and an African and investment bank for a New Yorker or a Londoner. Not surprisingly, like its German peer its stock trades at a discount to the rest of the sector on the basis of its price-to-book multiple. Whoever takes over at the helm will have to "find good reasons why Barclays should exist in its current form, or do something about it," writes the FT's Lex column.The offers tabled by GVC Holdings and 888 for rival Bwin.party digital entertainment are broadly similar in terms of the implied valuation - about £900m - and the split between cash and shares. So what Bwin's board must now do is value each suitors' paper and weigh the risks involved in each against the other. For some analysts the potential synergies which would accrue from a combination with GVC could be considerable larger.However, investors in Bwin may be less keen to own part of a company that derives a bigger part of its sales from unregulated jurisdictions. The reverse takeover proposed by GVC would also be more complex. GVC would also need to raise cash to help finance the deal. "GVC appears to have edged ahead, but, whichever wins, Bwin investors tired of the constant disappointments should grab what's on offer with both hands, hold" writes The Times's Tempus.
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17 Jan 2024 18:39

Bank CEOs, huddled in private in Davos, worry about competition, economy - sources

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16 Jan 2024 12:51

Ex-Barclays duo agree Panmure and Liberum investment bank merger

Jan 16 (Reuters) - Former Barclays veterans Bob Diamond and Rich Ricci have agreed an all-share merger of Panmure Gordon and UK rival Liberum, the firms said on Tuesday, creating Britain's largest independent investment bank amid an extended dealmaking slump.

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16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

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

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16 Jan 2024 08:21

TOP NEWS: Panmure Gordon and Liberum merge to "reinvigorate" UK market

(Alliance News) - City brokers Panmure Gordon and Liberum on Tuesday said they have agreed an all-share merger that will create the "UK's largest independent investment bank" with over 250 quoted corporate clients.

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15 Jan 2024 06:01

London finance job vacancies slumped nearly 40% in 2023, recruiter says

LONDON, Jan 15 (Reuters) - Job opportunities in London's financial sector plummeted nearly 40% last year, recruiter Morgan McKinley said on Monday, as market turbulence and high inflation led employers to tighten their belts on costs.

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11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

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11 Jan 2024 11:36

UK finance watchdog probes possible motor finance misconduct

LONDON, Jan 11 (Reuters) - Britain's finance watchdog said on Thursday it would start looking into the motor finance industry, amid rising tensions between thousands of consumers and finance providers about commission arrangements.

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11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

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10 Jan 2024 17:07

European shares end lower, with miners and travel stocks leading losses

Norway's Dec core inflation lower than expected

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10 Jan 2024 13:00

Global activist investors pressed companies to sell or spin in 2023 as M&A dropped off

NEW YORK, Jan 10(Reuters) - "Sell" or "split" was the favorite word for activist investors across the world last year when their demands for companies to pursue some form of mergers and acquisition-related activity hit a new record and appeared in roughly half of their 2023 campaigns even as M&A activity dropped off, according to new data from Barclays.

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9 Jan 2024 07:44

LONDON BRIEFING: B&M to declare special payout; strong start for Unite

(Alliance News) - Stocks in London are tipped for a solid start on Tuesday, following a strong performance on Wall Street and in Asian markets.

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5 Jan 2024 09:50

IN BRIEF: Prudential to buy back 4 million shares to offset awards

Prudential PLC - London-based, Asia-focused life and health insurer and asset manager - Contracts Barclays Capital Securities Ltd, part of Barclays PLC, to conduct a share buyback programme that will repurchase about 3.9 million shares at a maximum cost of GBP38 million. At the current market price, 3.9 million Prudential shares are worth GBP32.3 million. The buybacks are intended to offset the dilution that will be caused by the vesting of awards under Prudential's employee and agent share schemes.

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21 Dec 2023 12:59

Barclays extends lease on Canary Wharf headquarters until 2039

LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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

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