Barclays PLC


  • Oct 2- Baker Hughes Inc:. *Barclays cuts Baker Hughes Inc price target to $58 from $62; rating. Reuters Station users, click. 1568.

  • *Barclays cuts Electrocomponents PLC price target to 216 P from 250 P;. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • Oct 2- Core Laboratories NV:. *Barclays cuts Core Laboratories NV price target to $126 from $137;. Reuters Station users, click. 1568.

  • RESEARCH ALERT-Barclays raises SLM Corp price target Tuesday, 2 Oct 2012 | 12:53 AM ET

    *Barclays raises SLM Corp price target to $19 from $18; rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • Oct 2- Chart Industries Inc:. *Barclays cuts Chart Industries Inc price target to $87 from $91;. Reuters Station users, click. 1568.

  • *Barclays cuts Brooks Automation Inc to underweight from equal weight. *Barclays cuts Edwards Group Ltd price target to $11 from $13; rating. *Barclays cuts KLA Tencor Corp price target to $50 from $60; rating.

  • Oct 2-:* Barclays raises CBS Corp price target to $40 from $38; rating equal weight* Barclays raises CBS Corp price target to $40 from $38; rating equal weight. *Barclays raises News Corporation price target to $29 from $28; rating. *Barclays raises News Corporation price target to $29 from $28;.

  • LONDON, Oct 2- Euro zone money markets have shown tentative signs of recovery in recent weeks along with improving appetite for risk in the region, but even the optimists say the crisis will have to be past before interbank lending is back to normal.

  • Heineken acquisition financing draws massive demand Tuesday, 2 Oct 2012 | 12:27 AM ET

    NEW YORK, Oct 2- The much-awaited bond from Dutch brewer Heineken to take out a EUR2.5bn bridge loan for its acquisition of Asia Pacific Breweries was announced today, and early indications are that it will raise up to US $3.25 bn.

  • Volcker, architect of the "Volcker Rule" governing so-called proprietary trading by U.S. investment banks, will appear before the commission on Oct. 17 to compare and contrast banking behaviour and practices between Britain and the United States.

  • NEW YORK, Oct 1- Hedge fund manager William Ackman is blaming Procter& Gamble's top management for the consumer products company's problems, but said he understands the board wants to give the CEO more time to repair years of damage.

  • EU advisers to urge structural reform for banks Monday, 1 Oct 2012 | 7:01 PM ET

    *European Commission to receive recommendations on Tuesday By John O'Donnell. Bank of Finland Governor Erkki Liikanen, who led the group of academics and experts set up by the European Commission, will announce their verdict on how best to reform bank structures in the wake of the crisis that began five years ago.

  • NEW YORK, Oct 1- Hedge fund manager William Ackman, who has been pushing mall operator General Growth Properties to sell itself, on Monday said a deal with rival Simon Property Group would be beneficial to all parties and push the stock price dramatically higher.

  • NEW YORK, Oct 1- UBS AG on Monday lost a bid to suspend a federal regulator's lawsuit accusing it of misleading Fannie Mae and Freddie Mac into buying billions of dollars of risky mortgage debt.

  • Irene Tse, who headed the North America operations of the Chief Investment Office, told the firm she is resigning to focus on "entrepreneurial ventures," according to a memo on Monday from Chief Operating Officer Matt Zames, a copy of which was obtained by Reuters.

  • By Matt Scuffham and Myles Neligan. LONDON, Oct 1- Stockbrokers involved in the planned stock market listing of British insurer Direct Line reported good interest from private investors in London's first big retail share offering for six years, although some potential investors are unconvinced.

  • NEW YORK, Oct 1- General Electric launched a $7 billion sale of notes on Monday, taking advantage of prevailing low rates in what will be the third-largest sale of corporate debt in the US so far this year. Barclays, Citigroup, Deutsche Bank, Goldman Sachs, JP Morgan and Morgan Stanley are the joint bookrunners.

  • Czech Republic to add EUR750m to May 2022 issue Monday, 1 Oct 2012 | 11:32 AM ET

    LONDON, Oct 1- The Czech Republic, rated A1/AA-/A+, will increase a 3.875% May 2022 issue by a further EUR750m, lead managers Barclays, Ceska, SG CIB and UniCredit said on Monday. The new total issue size will be EUR2.75bn.

  • He will be based in London. Willett joins from Royal Bank of Scotland, where most recently he was chairman of corporate finance for Europe, the Middle East and Africa. A top Morgan Stanley broker, Jonathan Madrigano, who last year managed about $2 billion in client assets left the company's brokerage division on Friday to join J.P. Morgan Securities.

  • LONDON, Oct 1- London's Canary Wharf business district, home to global banks HSBC, Barclays and Citigroup, wants to attract entrepreneurs with a new centre for technology start-ups focused on financial services.