GO
Loading...

Enter multiple symbols separated by commas

Barclays PLC

More

  • *Emergency euro zone summit on Greece due later Monday. SINGAPORE, June 22- Gold eased from a near-four-week high on Monday as possible signs of progress in Greek debt talks curbed safe-haven bids for the metal and pushed up equities. Greek Prime Minister Alexis Tsipras made a new offer on a reform package to foreign creditors on Sunday, signaling 11th- hour...

  • *Fear of capital control in Greece if no deal on Monday. TOKYO, June 22- Asian shares got the week off to a strong start and U.S. stock futures and the euro firmed on Monday, after Greece scrambled to avert defaulting on its debt with last-minute proposals aimed at appeasing its creditors. The chief-of-staff to European Commission President Jean-Claude Juncker...

  • After months of wrangling, Greek Prime Minister Alexis Tsipras on Sunday made a new offer on a reforms package to foreign creditors, signalling last-minute concessions to break a deadlock that has pushed Greece to the brink of bankruptcy. He is due to meet the Commission President Jean-Claude Juncker, European Central Bank President Mario Draghi and IMF head...

  • *Prospect of rate rise is positive, some say. *Some justification for valuation discounts- Barclays. LONDON, June 19- When fears of a Greek default are mounting, stock markets are jittery at multi-year highs, and the world's biggest economy is preparing to hike interest rates, the idea of taking refuge in bank stocks might appear to be a hard sell.

  • PREVIEW-Tesco's nascent UK recovery seen stalling Friday, 19 Jun 2015 | 12:05 PM ET

    *UK underlying sales seen down 2-3 pct. LONDON, June 19- Britain's biggest retailer, Tesco, is expected to report next week that a tentative recovery in its key home market has stalled. That would be worse than the 1.2 percent decline in the fourth quarter of 2014/ 15, when the group recorded growth in UK like-for-like sales volumes for the first time in over four years,...

  • BRASILIA, June 19- Economic activity in Brazil fell sharply in April from March, worse than already negative market estimates and showing still more evidence the once-booming economy is heading toward a recession. High inflation and dwindling confidence have dragged down consumption, until recently the main engine of growth in Latin America's largest...

  • *Investors look to emergency summit on Greece on Monday. Japan's Nikkei rose 0.9 percent from a one-month low set on Thursday while MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.2 percent. "The markets seem to be concluding that the Fed will raise rates only once this year, and not twice as had been priced in," said Daisuke Uno, chief...

  • NEW YORK, June 18- Bank of America Corp's Merrill Lynch hired 20 brokers over the last week who managed a combined $1.8 billion in assets at their previous firms, including a dozen from the recently sold Barclays Plc's U.S. wealth and investment management unit, according to Bank of America news release. Two of the biggest money-making advisers to join Merrill...

  • NEW YORK, June 18- The great commodities gold rush of the last decade may not have paid off exactly as investors hoped, but some evidence indicates the asset class is performing more or less as advertised. Global commodities assets under management are now at $266 billion, according to Barclays data, up from less than $100 billion in 2005 though down from a peak...

  • *Greece, Fed put hedging trades on market radar. LONDON, June 18- Financial market volatility is making a comeback, tempting fund managers into taking out protection against stock-market falls after a near-unbroken five-year bull run in the United States and Europe. Anecdotal evidence suggests record numbers of fund managers have taken out protection...

  • Have Singapore’s luxury homes hit rock bottom? Wednesday, 17 Jun 2015 | 10:01 PM ET
    A private condominium stands above a Chinese temple next to the business district in Singapore.

    Overbuilding in Singapore's luxury homes spurred a flurry of doomsday scenarios, but prices may have already bottomed, with buyers starting to nibble.

  • TOKYO, June 18- Confidence at Japanese manufacturers in June rose for the second straight month and retailers were at their most optimistic in over a year, a Reuters poll showed, offering a welcome sign that consumers may have finally shaken off the effects of a sales tax hike. The Reuters Tankan- which closely tracks the central bank's quarterly tankan survey-...

  • UPDATE 1-Banks' forex lawsuit settlements near $2 bln-WSJ Wednesday, 17 Jun 2015 | 11:58 AM ET

    HSBC Holdings Plc, Barclays Plc, BNP Paribas SA and Goldman Sachs Group Inc have recently signed agreements to settle the case, the Journal reported, citing people familiar with the matter. HSBC has agreed to pay $285 million and Barclays $375 million, the Journal reported. Other defendants include Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, Morgan...

  • Barclays to refocus U.S. mortgage trading Wednesday, 17 Jun 2015 | 11:29 AM ET

    NEW YORK, June 17- Barclays Plc will no longer make markets for mortgage-backed bonds issued prior to the financial crisis as they have become less profitable under tighter British regulations on these securities, a bank spokesman said on Wednesday. Barclays will reallocate resources to other areas of its U.S. mortgage business with no traders expected to...

  • BUENOS AIRES, June 17- Argentine bonds weakened on Wednesday after presidential front-runner Daniel Scioli chose a loyalist of the current government as his running mate for the October election, a choice that may signal a continuation of policies that have deterred investment. Markets had hoped that Buenos Aires Governor Scioli would use his choice of a...

  • BUENOS AIRES, June 17- Argentine bonds weakened on Wednesday after presidential front-runner Daniel Scioli chose a loyalist of the current government as his running mate for the October election, a choice that may signal a continuation of policies that have deterred investment. Markets had hoped that Buenos Aires Governor Scioli would use his choice of a...

  • Banks' forex lawsuit settlements near $2 bln-WSJ Wednesday, 17 Jun 2015 | 9:07 AM ET

    HSBC Holdings Plc, Barclays Plc, BNP Paribas SA and Goldman Sachs Group Inc have recently signed agreements to settle the case, the Journal reported, citing people familiar with the matter. HSBC has agreed to pay $285 million and Barclays $375 million, the Journal said. HSBC, Barclays, BNP Paribas and Goldman Sachs could not be immediately reached for comment.

  • June 17- Hill-Rom Holdings Inc, a maker of hospital equipment, wound-care and surgical products, said it would buy privately held Welch Allyn for about $2.05 billion to expand into the point-of-care diagnostics market. Welch Allyn shareholders will receive $1.625 billion in cash and about 8.1 million newly-issued shares of Hill-Rom common stock.

  • June 17- Small and mid-cap exploration and production companies in the United States are expected to see a gap of $16 billion between spending estimates and projected cash flows for 2016, Cowen& Co analysts said. Barclays said in January oil and gas companies could cut exploration and production spending in North America by 30 percent or more this year if U.S....

  • LONDON, June 17- The Swiss franc rallied across the board on Wednesday, climbing to a two-week high against the euro, as fears that debt-stricken Greece could default and tumble out of the euro zone drove investors in search of safety. Athens showed no sign of backing off in its tense negotiations with creditors on Tuesday, with Prime Minister Alexis Tsipras...