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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: 202.35
Bid: 202.15
Ask: 202.25
Change: 1.35 (0.67%)
Spread: 0.10 (0.049%)
Open: 202.50
High: 203.40
Low: 199.58
Prev. Close: 201.00
BARC Live PriceLast checked at -

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Week Ahead: Barclays, Inflation, Unemployment

Fri, 11th Feb 2011 10:58

It's a busy week on the company news and economic events fronts next week, with big hitters such as British Land, Barclays, InterContinental Hotels, BHP Billiton, BAE Systems and Reed Elsevier all updating the market, while economists will be waiting to pore over the Bank of England's quarterly inflation report, January's inflation figures and the unemployment data.Results from Barclays on Tuesday are as likely to feature on the front pages as they are in the City section.Market consensus is for profit before tax for 2010 of £5.54bn, up from 2009's £4.59bn. Revenue is slated to rise to £30.25bn from £29.95bn in 2009."The key trends in the third quarter results were very similar to those reported in the first two quarters of 2010," notes Charles Stanley. "There was better than expected news regarding bad debts which was offset by weaker income at Barclays Capital. As we have stated before with Barclays Capital contributing around three quarters of group profit before tax, it is a key determinant of the group's performance. It was obvious that the division's very strong income growth reported in 2009 was unlikely to continue indefinitely, but given its weakening momentum during 2010, after significant investment has been made in broadening the product range, there is significant debate as to what the normalised performance of this division is going to be," the broker said.Before the deluge, Fidessa, the trading systems provider, gets the ball rolling on Monday with full year figures that Panmure Gordon thinks may pleasantly surprise the market."Whilst we expect Fidessa to trot out the well-worn market place concerns about the impact on the weak macroeconomic (blah, blah, blah) it will still come in at the top end of expectations (revenue range £262m - £267m - Panmure Gordon estimate £267m)," the broker said. "We expect growth of 12% this year - pessimists have 10% - but Fidessa has a track record of delivery ahead of market expectations and a historic CAGR [compound annual growth rate] of 30% since its 1997 IPO [flotation]," the broker added. Panmure Gordon has pencilled in £42m for adjusted profit before tax, up from £35.4m last year. It forecasts earnings per share (EPS) of 77.6p and a full year dividend of 33p.The UK inflation rate is likely to have risen above 4% in January, more than double the target rate the Bank of England is aiming for. The rise, from December's 3.7%, can be partly explained by the hiking of the value added tax rate at the beginning of January from 17.5% to 20%.Core inflation, which strips out volatile items such as energy and food prices, is expected to rise to 3.0% from December's 2.9%.On Wednesday the UK unemployment figures are not expected to provide much cheer. The government's calculation of the unemployment rate is expected to hold steady at 4.5% for January from December's level, while the International Labour Organisation unemployment rate figure is set to stick at 7.9%.Monday February 14INTERIMSAvanti Communications Group, CAP-XX Ltd.INTERNATIONAL ECONOMIC ANNOUNCEMENTSIndustrial Production (EU) (10:00)Q4Hrvatske Telekom D.D GDR (Reg S)GMSSlimmaFINALSDialight, Fidessa Group, Hrvatske Telekom D.D GDR (Reg S), SVG CapitalEGMSF&C Commercial Property Trust Ltd.AGMSForesight 2 VCT, Foresight 2 VCT 'C' Shares, Foresight 2 VCT Planned Exit Shares, Hirco, RWS HoldingsFINAL DIVIDEND PAYMENT DATEHargreave Hale AIM VCT 1, ITE Group, Paragon Group Of CompaniesTuesday February 15INTERIMSAlbemarle & Bond HoldingsQUARTERLY PAYMENT DATEAbbott Laboratories, Colgate-Palmolive CoINTERNATIONAL ECONOMIC ANNOUNCEMENTSIndustrial Production (JPN)Capacity Utilisation (JPN)Machine Tool Orders (JPN)Bank of Japan target rate (JPN)Tertiary Industry Index (JPN)Gross Domestic Product (GDP) (FRA) (06:30)Gross Domestic Product (GER) (07:00)Wholesale Price Index (GER) (07:00)Harmonised Competitiveness Indicators (EU) (09:00)GDP (Flash Estimate) (EU) (10:00)Balance of Trade (EU) (10:00)ZEW Survey (EU) (10:00)ZEW Survey (GER) (10:00)Business Inventories (US) (13:30)Empire State Manufacturing Survey (13:30)Import and Export Price Indices (US) (13:30)Retail Sales (US) (13:45)Retail Sales Inventories (US) (15:15)ABC Consumer Confidence (US) (22:00)Q3British Land Co, Yell GroupQ4Marsh & Mclennan Cos Inc.GMSCentamin Egypt Ltd.FINALSBarclays, Domino's Pizza UK & IRL, Electric Word, Heavitree Brewery, InterContinental Hotels Group, Marsh & Mclennan Cos Inc., Premier Foods, Quarto Group Inc.ANNUAL REPORTImage Scan HoldingsIMSSMicro Focus International PlcAGMSSouthern Cross Healthcare GroupUK ECONOMIC ANNOUNCEMENTSConsumer Price Index (09:30)Retail Price Index (09:30)DCLH House Prices (09:30)FINAL DIVIDEND PAYMENT DATEDewhurstWednesday February 16INTERIMSBHP Billiton, Hiwave Technologies, ThorntonsINTERIM EX-DIVIDEND DATEEaga, Stavert ZigomalaQUARTERLY EX-DIVIDEND DATECarnival, M WinkworthINTERNATIONAL ECONOMIC ANNOUNCEMENTSNew Car Registrations (EU) (10:00)Building Permits (US) (13:30)Housing Starts (US) (13:30)Producer Prices Index (US) (13:30)Industrial Production (US) (16:15)Capacity Utilisation (US) (16:15)FINALSMillennium & Copthorne Hotels, Morgan Crucible CoIMSSAshtead Group, Helical BarEGMSJubilant EnergyAGMSIncome & Growth VCT , Invista European Real Estate Trust, Titon HoldingsUK ECONOMIC ANNOUNCEMENTSBoE Inflation Report (09:30)Claimant Count Rate (09:30)Unemployment Rate (09:30)Average Weekly Earnings (09:30)ILO Unemployment Rate (09:30)FINAL EX-DIVIDEND DATECatlin Group Ltd., Future, Northern AIM VCT, Pressure Technologies, Sinclair (William) Holdings, Throgmorton TrustThursday February 17INTERIMSAnimalcare Group, Dunelm Group, Impala Platinum Holdings Ltd., Redrow, Town Centre SecuritiesINTERNATIONAL ECONOMIC ANNOUNCEMENTSCurrent Account (EU) (09:00)Construction Output (EU) (10:00)Consumer Price Index (US) (13:30)Weekly Jobless Claims (13:30)Leading Indicator (US) (15:00)Philadelphia Fed Index (US) (15:00)Consumer Confidence Indicator (EU) (15:00)UK ECONOMIC ANNOUNCEMENTSCBI Trends Total Orders (11:00)Q4Talvivaara Mining Company, Virgin Media Inc.GMSGLOBO, Invesco Perpetual AiM VCTFINALSBAE Systems, Ladbrokes, Rathbone Brothers, Reed Elsevier, Talvivaara Mining Company, Virgin Media Inc.ANNUAL REPORTLadbrokesIMSSCable & Wireless Worldwide, Sports Direct InternationalAGMSeasyJet, LXB Retail Properties, Ottoman Fund Ltd., United DrugTRADING ANNOUNCEMENTSKingfisherFriday February 18INTERIMSGo-Ahead GroupINTERIM DIVIDEND PAYMENT DATEAnite, Carpetright, Consort Medical, ICAPQUARTERLY PAYMENT DATEBritish Land Co, Merchants TrustINTERNATIONAL ECONOMIC ANNOUNCEMENTSDepartment Store Sales (JPN)Producer Price Index (GER) (07:00)GMSInfoserve GroupFINALSAnglo American, Rentokil InitialANNUAL REPORTChemring GroupEGMSJJB SportsUK ECONOMIC ANNOUNCEMENTSInternet Retail Sales (09:30)Retail Sales (09:30)Nationwide Consumer ConfidenceFINAL DIVIDEND PAYMENT DATECareTech Holding, Imperial Tobacco Group, Numis Corporation, RWS Holdings, Shaftesbury
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4 May 2024 08:37

Norway wealth fund to back Barclays CEO, chair at AGM

OSLO, May 4 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday.

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3 May 2024 17:04

Ex-Odey portfolio manager Hanbury warns investors are 'buying blind'

LONDON, May 3 (Reuters) - Former Odey Asset Management (OAM) portfolio manager James Hanbury has said in a letter to investors that passive and systematic trading strategies have grown so much that those trading on company fundamentals might be hurt.

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2 May 2024 13:48

UK shareholder meetings calendar - next 7 days

Friday 3 May 
Ashoka India Equity Investment Trust PLCGM re share issue
HSBC Holdings PLCAGM
Intercontinental Hotels Group PLCAGM
Mondi PLCAGM
More Acquisitions PLCAGM
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Caledonia Mining Corp PLCAGM
CPPGroup PLCAGM
Just Group PLCAGM
Macfarlane Group PLC AGM
Plus500 LtdAGM
Supernova Digital Assets PLCAGM
Wednesday 8 May 
Airea PLCAGM
Antofagasta PLCAGM
Aston Martin Lagonda Global Holdings PLCAGM
Deltex Medical Group PLCAGM
Direct Line Insurance Group PLCAGM
Fidelity European Trust PLCAGM
Haleon PLCAGM
Jardine Matheson PLCAGM
JZ Capital Partners LtdEGM re investing in a secondary fund
Oscillate PLCAGM
Pershing Square Holdings LtdAGM
Rentokil Initial PLCAGM
WPP PLCAGM
Thursday 9 May 
Ascential PLCAGM
BAE Systems PLCAGM
Balfour Beatty PLCAGM
Barclays PLCAGM
CAB Payments Holdings PLCAGM
Catenai PLCGM re convertible loan note
Clarkson PLCAGM
FBD Holdings PLCAGM
Genel Energy plcAGM
Gym Group PLCAGM
Harbour Energy PLCAGM
Hiscox LtdAGM
IMI PLCAGM
Inchcape PLCAGM
Indivior PLCAGM
John Wood Group PLCAGM
Jupiter Fund Management PLCAGM
Logistics Development Group PLCAGM
Man Group PLCAGM
Morgan Advanced Materials PLCAGM
OSB Group PLCAGM
Public Policy Holding Co IncAGM
Rathbones Group PLCAGM
RM PLCAGM
Spire Healthcare Group PLCAGM
Synthomer PLCAGM
Uniphar PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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1 May 2024 14:50

Barclays to cut jobs in investment banking - reports

(Sharecast News) - Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks to tackle underperformers and reinvest in new talent.

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30 Apr 2024 20:30

GM in talks with Barclays to replace Goldman Sachs in credit card partnership -source

NEW YORK April 29 (Reuters) -

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29 Apr 2024 10:02

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

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

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26 Apr 2024 16:35

London close: Stocks buoyed by banking, mining positivity

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

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26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015

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26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

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26 Apr 2024 09:33

LONDON BROKER RATINGS: Peel Hunt cuts ConvaTec to 'reduce'

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

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25 Apr 2024 16:57

LONDON MARKET CLOSE: FTSE 100 shakes off red-hot US inflation gauge

(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP.

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25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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25 Apr 2024 11:00

Where are Wall Street's analyst notes on Trump's Truth Social?

NEW YORK, April 25 (Reuters) - Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear.

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25 Apr 2024 09:19

Barclays Q1 profit falls 12% as trading slump hits

Q1 profit of 2.3 bln pounds, just above forecasts

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25 Apr 2024 08:36

TOP NEWS: Barclays first quarter profit falls but beats expectations

(Alliance News) - Barclays PLC on Thursday reported a fall in first quarter profits as a weak investment banking performance hindered performance.

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