GO
Loading...

Barclays PLC

More

  • Bargain Hunting Helps Keep Losses in Check Monday, 15 Sep 2008 | 12:37 PM ET

    Stocks fell sharply at the opening bell Monday after a trifecta of Wall Street pain: Lehman Brothers filed for bankruptcy, Merrill Lynch was bought by Bank of America and AIG asked the Fed for short-term financing.

  • Stocks Plunge as Wall Street Writhes Monday, 15 Sep 2008 | 10:43 AM ET

    Stocks fell sharply at the opening bell Monday after a trifecta of Wall Street pain: Lehman Brothers filed for bankruptcy, Merrill Lynch was bought by Bank of America and AIG asked the Fed for short-term financing.

  • Stocks Set to Plunge on Wall Street Pain Monday, 15 Sep 2008 | 9:27 AM ET

    Stocks looked set to plummet Monday after a trifecta of Wall Street pain: Lehman Brothers filed for bankruptcy, Merrill Lynch was bought by Bank of America and AIG asked the Fed for short-term financing.

  • U.S. activist hedge fund Atticus Capital has lost more than $5 billion this year, a source familiar with the matter told Reuters, after its funds were hit by heavy falls in financial stocks.

  • What Financial Stocks Are Shorted the Most? Tuesday, 12 Aug 2008 | 9:20 AM ET

    From mid-July to late July short interest dropped 5.34 percent, on average, in the shares of 17 major financial firms affected by the U.S. Securities and Exchange Commission emergency short-selling rule, according to the latest data from the exchange.

  • Barclays First-Half Profit Falls 33% on Writedowns Thursday, 7 Aug 2008 | 11:30 AM ET

    British bank Barclays reported a 33 percent drop in first-half profits as it took a 2 billion pound writedown on the value of risky assets, but the profit drop was not as steep as expected.

  • Dow Drops 205 Thursday, 31 Jul 2008 | 5:51 PM ET

    Despite their record breaking profits, Exxon Mobil dragged the Dow lower Thursday after its earnings fell short of Wall Street's expectations. Also comments from Alan Greenspan made on CNBC added to the downward momentum.

  • Wall Street Hangs On As Credit Crisis Hits 1st Year Wednesday, 30 Jul 2008 | 12:35 PM ET
    New York Stock Exchange (NYSE)

    One year into the credit crisis that led to the near-collapse of Bear Stearns,  some big U.S. investment banks are down, but probably won't get taken out right now.

  • Anti-Energy Speculation Bill Stirs Fear Friday, 18 Jul 2008 | 10:17 AM ET

    Financial industry executives are mustering on Capitol Hill to head off a Congressional effort to rewrite the rules for the nation’s energy markets, saying it could unsettle already nervous markets and push more energy trading abroad, beyond the reach of domestic regulators.

  • Barclays Shareholders Take Up 19% of Open Offer Friday, 18 Jul 2008 | 3:08 AM ET

    Barclays' shareholders took up just 19 percent of new shares in the British bank's recently announced fundraising, meaning the bulk of the money will be provided by mostly new "anchor" investors led by Qatar.

  • Dow Almost In Bear Market Friday, 27 Jun 2008 | 6:01 PM ET

    Better keep your wits about you, it looks like we’re entering bear territory. What's the "Word on the Street?"

  • Barclays Raises $8.9 Billion for Capital Boost Wednesday, 25 Jun 2008 | 1:24 PM ET

    British bank Barclays raised $8.9 billion from investors including Qatar and Japan's Sumitomo Mitsui and aims to use half the cash to rebuild capital and half to pursue growth.

  • Inflation: Firms Passing On Higher Costs Wednesday, 25 Jun 2008 | 9:51 AM ET

    AmEx just out with comments, saying "We have seen credit indicators deteriorate beyond our expectations" and it was "too early to assess the impact of deteriorating credit indicators." Down about 1 percent.

  • Japan's SMFG May Take 4% Barclays Stake Tuesday, 24 Jun 2008 | 1:57 PM ET
    A woman leaves a branch of Barclays Bank in central London, Monday, April 23, 2007. ABN Amro NV and Barclays PLC announced Monday they have agreed to merge, in the largest cross-border combination in European banking history. (AP Photo/Sang Tan)

    Japan's Sumitomo Mitsui Financial Group could take a stake of up to 4% in British bank Barclays, two senior banking sources said on Monday.

  • Sumitomo Mitsui May Invest $926 Million in Barclays Thursday, 19 Jun 2008 | 8:30 PM ET
    A woman leaves a branch of Barclays Bank in central London, Monday, April 23, 2007. ABN Amro NV and Barclays PLC announced Monday they have agreed to merge, in the largest cross-border combination in European banking history. (AP Photo/Sang Tan)

    Japan's Sumitomo Mitsui Financial Group may invest about $926 million in British bank Barclays, people familiar with the matter said on Friday, as subprime-hit Western lenders increasingly turn to Asia for funding.

  • 30-Year Mortgage Rates Near Nine-Month High Thursday, 19 Jun 2008 | 12:00 PM ET

    U.S. 30-year mortgage rates continued their ascent this week, reaching their highest level since September 2007, according to a survey released on Thursday by home funding company Freddie Mac.

  • Bear Stearns Managers Indicted Over Funds' Collapse Thursday, 19 Jun 2008 | 11:44 AM ET

    Two former Bear Stearns managers have surrendered to face criminal charges linked to the collapse of a hedge fund that bet heavily into subprime mortgages before the market collapsed, federal authorities said.

  • Lehman CEO Fuld Faces Growing Pressure to Sell Wednesday, 18 Jun 2008 | 7:37 AM ET

    As discontent grows inside Lehman Brothers over the firm's financial problems, pressure is building on Chief Executive Officer Richard Fuld to sell the securities firm to a bigger player, CNBC has learned.

  • Pops & Drops: Hess, Verizon... Monday, 16 Jun 2008 | 6:26 PM ET

    Following are the day’s biggest winners and losers. Find out why shares of Hess and GameStop popped while Verizon and Coca-Cola dropped.

  • Barclays Shares Rally on Stake Sale Plans Monday, 16 Jun 2008 | 12:02 PM ET

    Barclays plans to raise billions of pounds by selling stakes to outside investors and offering shares to existing shareholders to boost its balance sheet, sending its shares soaring on Monday.