Member Info for M1k3y

Barclays Sued by Investors Over Multibillion Securities Blunder
Https://uk.finance.yahoo.com/news/barclays-sued-investors-over-multibillion-002007119.html?guccounter=1

CNN
Boeing agrees to pay $200 million for misleading the public about the 737 Max
Https://edition.cnn.com/2022/09/22/business/boeing-737-sec/index.html

Not true .
BA Airline employees generally work on Bank Holidays and have the day owed to them in their accrued annual leave.

all because ????............oh wait, inflation has gone up !!!!!!
What a surprise.

I have posted before, that these rises and falls have nothing to do with the performance of any company and everything to do with computer driven algorithms that simply bet on the direction of the market, which is determined by the algorithms that have been written.

The market is reacting like it is a big surpise and the rise in inflation was unextpected.
IAG is dpoing ok in the circumstances .

well you can't be into buying with your comments.

IAG is doing well but still has challenges ahead.

The Dail Mail never misses an opportunity does it.
Airlines doing very well at the moment

Not a Hope.
Positive results and recovery play now. Expecting further improvements in Q3 and definitely profitable year end.
2023 back to full capacity.
Good to see debt being repaid on a reducing basis.

For those who hadn't seen it .
Barclays Latest Bank to Make Provision for US WhatsApp Fine
Https://www.bloomberg.com/news/articles/2022-07-27/european-banks-start-to-make-provisions-for-us-whatsapp-fines#xj4y7vzkg

'a silly mistake' !!!!!!
At this level , they are not paid to make mistakes.

Barclays reports first half profit slumps on conduct charges
Https://www.reuters.com/business/finance/barclays-reports-first-half-profit-slumps-conduct-charges-2022-07-28/

apologies........old article

Barclays beats expectations but suspends buybacks after U.S. trading blunder
Https://www.cnbc.com/2022/04/28/barclays-q1-2022-results-.html

Barclays Q2 22 Earnings:
- CIB Rev: £4.03B (est £3.68B)
- Net Interest Income: £2.43B (est £2.32B)
- CET1 Ratio: 13.6% (est 13.8%)
- Equities Rev: £1.41B (est £1.23B)
- Interim Div/Shr: £0.02
- See’s Higher Costs For 2022

Https://twitter.com/LiveSquawk/status/1552536958559305728

FED have increased rates 0.75%.
US markets appear to like it. Dow up 1.4%

Historically, Barc BoD consistently disappoint when it\comes to results and rewarding Shareholders.
The always over promise and under deliver.
I expect the same this time.

Thanks Scotty.
When you said 'sold off', I thought you were referring to BA being sold off from IAG ....may be I am mistaken.

As to the articles, they seemed to be generally supportive of the airlines hedging strategy .

How would that happen, given the share ownership restrictions required by the EU ?

European airlines gain €5bn from hedging as oil prices soar after invasion of Ukraine
Https://www.eurofinance.com/news/european-airlines-gain-e5bn-from-hedging-as-oil-prices-soar-after-invasion-of-ukraine/