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Barclays PLC

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  • *Bidvest seeks role in pharmaceutical market. JOHANNESBURG, Feb 23- South African conglomerate Bidvest has offered about $515 million for the shares it does not already own in drugmaker Adcock Ingram in a new attempt to build a big presence in the pharmaceutical market. Bidvest already owns a 34.5 percent stake in the drugmaker, which it acquired a year ago,...

  • LONDON, Feb 23- Russian and Ukrainian sovereign bonds sold off heavily on Monday, with the latter now trading around 40 cents in the dollar as continued fighting in eastern Ukraine raised fears for both credits. The violence, and sanctions imposed for Russia's role in it, have exacerbated economic problems caused by falling oil prices, with Moody's cutting...

  • Swiss franc falls towards 5-week lows, Greek deal Monday, 23 Feb 2015 | 7:30 AM ET
    Spanish Finance Minister Luis de Guindos, left, talks with Greek Finance Minister Yanis Varoufakis at a euro zone finance ministers meeting to discuss Athens' plans to reverse austerity measures, in Brussels, Feb. 20, 2015.

    The Swiss franc shed over 1 percent against the dollar, dropping towards five-week lows as some of the Greece-related safety flows waned.

  • *Bond investors sell Germany, buy Italy and Spain. LONDON, Feb 23- Shares rose and the safe-haven Swiss franc fell against the euro on Monday after Greece reached a conditional deal with its international parteners to avert an immediate financial crisis. The agreement keeps Greece in the euro zone, though it will live under the EU/IMF rescue plan its government...

  • *Bond investors sell Germany, buy Italy, Spain. LONDON, Feb 23- Shares rose on Monday on relief that Greece had reached a deal to avert an immediate financial crisis, though the euro dipped against the dollar on caution over conditions attached to the agreement. The agreement keeps Greece in the euro zone, though it will live under the EU/IMF rescue plan its...

  • *Greece still has to submit list of planned reforms later in day. LONDON, Feb 23- The Swiss franc fell towards five-week lows on Monday, as some of the Greek-related safety flows waned after a conditional loan extension for Greece was reached late last week. "Clearly, they want to keep Greece in the euro zone and as a consequence some of the safe-haven plays are being...

  • *Morgan Stanley, Barclays, ANZ expect lower prices. SINGAPORE, Feb 23- Oil prices dipped on Monday on worries about oversupply in North America, with Brent futures testing support around $60 a barrel and U.S. contracts hovering around $50.70. WTI crude futures were trading down 9 cents at $50.72 a barrel by 0745 GMT.

  • *Greece still has to submit list of planned reforms later in day. TOKYO, Feb 23- The euro held steady on Monday, rising initially in relief following a conditional loan extension deal for Greece, but losing steam as caution towards the debt saga persisted. Greece has to submit to the Eurogroup on Monday a list of reforms it plans to implement during the remainder of...

  • Feb 20- Two former Barclays stockbrokers can keep nearly $4 million in signing bonuses, an arbitration panel has ruled, handing down a rare rebuke of a controversial recruiting practice common among brokerage firms. Barclays had tried to claw back the bonuses from brokers Ileana Platt and Rafael Urquidi after the pair filed a claim with Financial Industry...

  • MEXICO CITY, Feb 20- Mexico's economy grew at a faster pace in the fourth quarter but still below expectations, as stronger manufacturing and a construction boom was crimped by flagging oil output, government data showed on Friday. Gross domestic product grew 0.7 percent in the latest quarter compared to 0.5 percent growth in the third quarter, Mexico's...

  • PARIS, Feb 20- Spending by Russian tourists abroad has plunged, diving 51 percent in January after falling 44 percent in December because of the rouble's freefall, according to figures released by tax-refund company Global Blue. Last week, Jean-Francois Palus, No.2 at Gucci owner Kering, said the group's Italian tailor Brioni had witnessed a significant drop in...

  • LONDON, Feb 20- Brent crude oil steadied above $60 a barrel on Friday as expectations of falling U.S. rig count numbers outweighed concerns about oversupply. This week's numbers, produced by oil services firm Baker Hughes Inc, are due around 1800 GMT on Friday. "A further sharp decrease in the oil rig count is expected... which points to declining U.S. oil production in...

  • LONDON, Feb 20- Brent crude oil rose towards $61 a barrel on Friday as expectations of falling U.S. rig count numbers outweighed concerns about oversupply. This week's numbers, produced by oil services firm Baker Hughes Inc, are due around 1800 GMT on Friday. "A further sharp decrease in the oil rig count is expected... which points to declining U.S. oil production in the...

  • UPDATE 5-Oil slips towards $60 as oversupply weighs Friday, 20 Feb 2015 | 6:48 AM ET

    LONDON, Feb 20- Brent crude oil fell towards $60 a barrel on Friday as oversupply, underlined by record-high U.S. crude stocks, weighed on the market. U.S. crude inventories rose 7.7 million barrels to 425.6 million barrels last week, rising for a sixth straight week to record highs, data from the Energy Information Administration showed on Thursday.

  • UPDATE 4-Oil falls below $60 as oversupply weighs Friday, 20 Feb 2015 | 4:38 AM ET

    LONDON, Feb 20- Brent crude oil fell below $60 a barrel on Friday as oversupply, supported by record-high U.S. crude stocks, weighed on the market. U.S. crude inventories rose 7.7 million barrels to 425.6 million last week, rising for a sixth straight week to record highs, data from the Energy Information Administration showed on Thursday. Brent crude futures for...

  • Cramer: Oil is a battleground—Wall St is clueless Thursday, 19 Feb 2015 | 6:24 PM ET
    An oil well in the Permian Basin is shown in Garden City, Texas, Feb. 5, 2015.

    Jim Cramer is seeing schizophrenic estimates from oil analysts. Here's the best way to best play the battling oil patch.

  • NEW YORK, Feb 19- As a Citibank customer, I have been receiving my credit score on my statements since January. In the past year, however, more than 60 million Americans suddenly were able to get either their FICO score, provided by the Fair Isaac Corp, or their VantageScore, from a system developed by TransUnion Corp. Among the other financial institutions giving out...

  • Feb 19- U.S. drinks can maker Ball Corp agreed to buy British rival Rexam Plc in a sweetened 4.43 billion pounds deal, creating an industry giant that can better manage capital spending and costs as aluminium premiums rise. "If you want global supply and global prices, you need a Rexam plus Ball, because neither Rexam nor Ball individually are global," said Jefferies&...

  • Dallas home prices surge on short supply Thursday, 19 Feb 2015 | 11:25 AM ET

    The median price of a Dallas home was 12.3 percent higher in December 2014 than it was a year earlier, more than twice the national average.

  • ALBANY, N.Y., Feb 19- New York state's top court on Thursday reversed a 2013 ruling that found Barclays Plc liable in a $300 million dispute with hedge fund Black Diamond Capital over the British bank's refusal to pay back collateral. Connecticut- based Black Diamond filed a lawsuit against Barclays in 2008, claiming it had defaulted on a $40 million collateral...