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Barclays PLC (BCS)

- NYSE
  • Jun. 28, 2010, 8:56 AM
    Major European banks are reportedly trying to revive the struggling wholesale finance market with a new kind of enhanced securitized product designed to attract lenders such as pension funds and hedge funds. "It’s basically an issue of credibility," said one senior banker, "and the eurozone has to get its credibility back.”
    | Jun. 28, 2010, 8:56 AM | Comment!
  • Jun. 24, 2010, 8:21 AM
    The U.K.'s new annual bank levy will fall predominantly on the shoulders of domestic banks. More than half of 2011's expected £2B draw will come from Barclays, RBS, HSBC, Lloyds and Standard Chartered. By 2013, that figure will rise to £2B out of an expected £2.5B draw. Premarket: BCS -1.3%, RBS -1.15%, HBC -0.4%, LYG -2%.
    | Jun. 24, 2010, 8:21 AM | Comment!
  • Jun. 22, 2010, 8:19 AM
    The U.K. will introduce a permanent bank tax starting in January. The tax will raise around £2B annually and be based on the size of banks' balance sheets.
    | Jun. 22, 2010, 8:19 AM | 1 Comment
  • Jun. 21, 2010, 8:42 AM
    Barclays' (BCS) top two execs, John Varley and Bob Diamond, take the stand today in a lawsuit brought against the British bank by Lehman Brothers (LEHMQ.PK). Lehman claims that Barclays underpaid by at least $11B for its North American brokerage.
    | Jun. 21, 2010, 8:42 AM | Comment!
  • Jun. 14, 2010, 9:00 AM
    Premarket gainers: CTIC +18%. YRCW +19%. AVII +7%. JBLU +6%. NBG +5%. MT +5%. MBI +4%. ASML +4%. JASO +4%. CGV +4%. BCS +4%.
    Losers: ABK -4%. BP -4%.
    | Jun. 14, 2010, 9:00 AM | Comment!
  • Jun. 8, 2010, 1:45 PM
    At least a dozen big global banks (including C, UBS, DB, BCS) stand to get 16 cents on the dollar in cash (and 12 cents on the dollar in new debt) from Ambac (ABK +1%) guarantees on toxic securities, according to a regulatory filing. (earlier)
    | Jun. 8, 2010, 1:45 PM | Comment!
  • Jun. 7, 2010, 9:15 AM
    Market Preview: Futures cling to early gains, with benchmark S&P +0.1% despite macro concerns weighing on overseas markets. Bank stocks are doing well after the G-20 gave up on a global bank levy, and [[Talecris]] has rocketed on news of its acquisition. Later today: Employment Trends, and a speech from Bernanke (calendar).
    | Jun. 7, 2010, 9:15 AM | Comment!
  • Jun. 7, 2010, 7:31 AM
    After tense weekend negotiations, G-20 finance ministers agreed to drop the idea of a global bank tax, bowing to pressure from Canada and other critics of the levy. Bank stocks are rising premarket: GS +0.2%, C +0.8%, JPM +1%, BAC +1.2%, MS +0.2%, HBC +1.6%, UBS +2.5%, BCS +1.7%, CS +2%
    | Jun. 7, 2010, 7:31 AM | Comment!
  • Jun. 4, 2010, 9:00 AM
    Premarket gainers are all bear ETFs: TZA +8%. VXX +8%. SQQQ +6%. ERY +6%. BGZ +6%. SPXU +6%. FAZ +6%. EDZ +6%. DRV +6%. TWM +6%. QID +4%. SDS +4%. SRS +4%. SKF +4%. DXD +4%.
    Losers: EPAY -11%. BBVA -7%. ING -7%. IRE -6%. AIB -6%. SD -5%. STD -5%. AEG -5%. CTIC -5%. NBG -5%. LYG -5%. BCS -5%. AEZS -5%. DB -4%. SDRL -4%. CLF -4%. NOK -4%. ABK -4%. HERO -4%. SNY -4%. BHP -4%. TI -4%. TOT -4%. X -4%. XIDE -4%. HOV -4%. MGM -4%. MT -4%. WFT -4%.
    | Jun. 4, 2010, 9:00 AM | Comment!
  • May 26, 2010, 7:31 AM
    Qatar's sovereign wealth fund is reportedly interested in buying part of the Treasury's 27% stake in Citigroup (C +2.9%). Unlike other SWFs, the Qatar Investment Authority is still interested in banks after doing well on its investments in Credit Suisse (CS) and Barclays (BCS).
    | May 26, 2010, 7:31 AM | 1 Comment
  • May 25, 2010, 9:17 AM
    European banks feature prominently among premarket losers: IRE -15%. CTIC -13%. AIB -12%. EDC -12%. AIXG -12%. DRH -11%. CRBC -8%. MBI -8%. LYG -8%. ING -8%. AEZS -7%. ATPG -7%. KERX -7%. SOL -7%. NBG -6%. STM -6%. STD -6%. SIRI -6%. MGM -6%. DRYS -6%. AIG -6%. TTM -5%. LVLT -5%. LVS -5%. AEG -5%. YGE -5%. RBS -5%. SNV -5%. ASML -5%. ABK -5%. BCS -5%. MT -5%. WNC -5%. MT -5%. X -5%. HBAN -5%. ALU -5%. JASO -5%.
    | May 25, 2010, 9:17 AM | Comment!
  • May 14, 2010, 1:01 PM
    So it's not a hedge fund or HFT firm but Waddell & Reed (WDR -5.8%) that sold 75,000 futures contracts in last week's plunge; CFTC's Gary Gensler says data show nothing wrong, that the sale appeared to be part of a bona fide hedging strategy, while Zero Hedge wonders: Why did Barclays (BCS), which executed the trade, stuff that giant order into the pipe without breaking it up?
    | May 14, 2010, 1:01 PM | 1 Comment
  • May 14, 2010, 7:10 AM
    The SEC reportedly opens a preliminary probe into Wall Street firms that sold muni bonds and then profited by betting against them. Several states are looking into the issue as well, including a California inquiry focused on BofA (BAC -1.9%), Barclays (BCS -4.2%), Citigroup (C -1.7%), Goldman (GS -0.8%), JPMorgan (JPM) and Morgan Stanley (MS -0.8%). (see also: I, II)
    | May 14, 2010, 7:10 AM | 2 Comments
  • May 10, 2010, 9:00 AM
    Premarket euro area bank gainers: BBVA +23%. STD +23%. ING +22%. IRE +21%. AIB +19%. NBG +18%. BCS +18%. RBS +16%. LYG +15%. DB +13%. UBS +10%. CS +10%.
    Other gainers: TSEM +17%. MPG +16%. IVAN +15%. STP +13%. PCBC +13%. DYN +12%. CTIC +12%. ERER +12%. PHG +12%. PMI +12%. RCL +12%. SOL +12%. HOV +11%. ABK +12%. FRO +11%. TEF +10%. KERX +11%. OCNF +10%. RTP +10%. CGV +10%. SDRL +10%. YGE +10%. CLNE +10%. SI +9%. ZION +9%. BPOP +9%. FIG +9%. LVS +9%.
    | May 10, 2010, 9:00 AM | Comment!
  • May 10, 2010, 8:48 AM
    Financial firms up on news of the eurozone rescue plan: ING +21.6%, STD +21.4%, BBVA +22.7%, LYG +14.7%, BCS +17.6%, RBS +15.4%, MBI +6.8%, UBS +10.2%, CS +9.2%, HBC +8%, C +7%, BAC +5.5%, MS +4.5%, AIG +5.8%, GS +3.4%.
    | May 10, 2010, 8:48 AM | 1 Comment
  • May 6, 2010, 9:00 AM
    Premarket gainers: HTRN +33%. AEZS +18%. LXRX +11%. ADCT +10%. PCBC +10%. CAAS +6%. KERX +6%. TSEM +5%. SYMC +5%. KFN +4%. CLDX +4%.
    Losers: LAU -10%. JDSU -9%. AVNR -9%. NBG -5%. TGT -4%. DB -4%. RDN -4%. BCS -4%. SIRI -4%. GPS -4%.
    | May 6, 2010, 9:00 AM | Comment!
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Company Description
Barclays PLC is a financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management. It operates in Europe, the Americas, Africa and Asia.