Hoping for a Vanguard Takeover of iShares [View article]
Blackrock or Fidelity could get BGI for $12B US you are slow in the news,....LOL
Barclays May Sell BGI for as Much as $12 Billion, WSJ Reports Share | Email | Print | A A A
By Dan Hart
May 16 (Bloomberg) -- Barclays Plc, the U.K.’s third- biggest bank, is in talks to sell its asset management unit for as much as $12 billion, with BlackRock Inc. among interested bidders, the Wall Street Journal said, citing unidentified people familiar with the matter.
The business includes the exchange-traded funds unit iShares, which Barclays agreed to sell to CVC Capital Partners Ltd. for $4.4 billion two months ago, the newspaper said.
The iShares and securities-lending units each generate as much as a third of the profit for the Barclays Global Investors subsidiary, the newspaper said, citing a person familiar with the situation. BGI had a pretax profit of 595 million pounds ($903 million) in 2008, the Journal said.
Barclays does not comment on speculative stories, a company spokeswoman in London said when contacted by Bloomberg today.
To contact the reporter on this story: Dan Hart in Washington at dahart@bloomberg.net
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
Hey Jim.....Barclays (BCS) trades at P/E of 4.83 you said sell in march at $2.75 I bought 25000 shares sold them at $21 this monday....I made a killing with your call....and now....
I'm buying back BCS again on your downgrade thanks again....Jim...you make my life easier...and Barclays will sell BGI division $12B by June 18 and restart dividend in Q3...when JPM at PE of 20 after much more "DILLUTION" will pay dividend???
Barclays May Sell BGI for as Much as $12 Billion, WSJ Reports
By Dan Hart
May 16 (Bloomberg) -- Barclays Plc, the U.K.’s third- biggest bank, is in talks to sell its asset management unit for as much as $12 billion, with BlackRock Inc. among interested bidders, the Wall Street Journal said, citing unidentified people familiar with the matter.
The business includes the exchange-traded funds unit iShares, which Barclays agreed to sell to CVC Capital Partners Ltd. for $4.4 billion two months ago, the newspaper said.
The iShares and securities-lending units each generate as much as a third of the profit for the Barclays Global Investors subsidiary, the newspaper said, citing a person familiar with the situation. BGI had a pretax profit of 595 million pounds ($903 million) in 2008, the Journal said.
Barclays does not comment on speculative stories, a company spokeswoman in London said when contacted by Bloomberg today.
To contact the reporter on this story: Dan Hart in Washington at dahart@bloomberg.net
That's why I'm loading Barclays (BCS) today at $17 with P/E of 4.75 vs US Banks with P/E of over 25 ... BCS is one of the cheapest bank and dividend coming back in Q3....
Lots of US Banks need to pay Tarp with huge Dillution before paying dividends....But Barclays during the storm bought Lehman assets for only $2B....
Cramer's Lightning Round -Barclays Is Scary (2/20/09) [View article]
Hey Jim if JPM is "OVERWEIGHT" at P/E of 32?? with Target of $60...I guess Barclays at P/E of 4.83 at $18 is takeover target LOL and should be $45-$50 soon or later???
JP Morgan estimates raised at Morgan Stanley Morgan Stanley raised JP Morgan estimates due to the smaller than expected equity raise to pay back TARP. Shares are Overweight rated with a $60 target. :theflyonthewall
Abu Dhabi Dumps Barclays: End to Bank Stock Rally? [View article]
JP Morgan estimates raised at Morgan Stanley Morgan Stanley raised JP Morgan estimates due to the smaller than expected equity raise to pay back TARP. Shares are Overweight rated with a $60 target.
Well IF JPM goes to $60 Barclays will go to $30 soon or later....thanks to load up cheap like me...LOL
Abu Dhabi Dumps Barclays: End to Bank Stock Rally? [View article]
I guess it will bump up soon or later...look at the $20.05 trade waiting...LOL
Barclays PLC(RT-BATS: BCS) Last Trade: 18.19 Trade Time: 1:02pm ET Change: 2.31 (11.27%) Bid: 18.18 x 700 Ask: 18.21 x 300
This is a free Real-Time quote. Each Real-Time quote is from BATS Exchange and does not necessarily represent the top bids or asks in the marketplace. Order Book Top of Book Bid Price Size 18.18 700 18.16 200 18.14 400 18.13 100 18.12 300 Ask Price Size 18.21 400 18.23 100 18.25 200 18.38 400 20.05 7,500
Abu Dhabi Dumps Barclays: End to Bank Stock Rally? [View article]
BCS with P/E of 4.83 with book value of $28.55 at $18.30 vs US Banks with P/E of over 30 like JPM...WFC...GS...MS???
and this...Barclays CEO said this....
" Varley said that the bank's decision to stay independent was to ensure "our profit performance, and in our resulting ability to pay dividends." Earlier, Barclays Chairman Marcus Agius repeated the company's intention to resume paying dividends in the second half of 2009 and thereafter to pay them on a quarterly basis. The bank plans to make a cash payment in the fourth quarter and a final cash dividend for the year being declared and paid in the first quarter of 2010."
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
www.ft.com/cms/s/0/ff3...
Paulson & Co Hedge Fund Covers Barclays Short [View article]
I guess this will stop "The problem" $10-$12B ??
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
Hey Jim Explain this???
www.cnbc.com/id/31091877
Hoping for a Vanguard Takeover of iShares [View article]
you are slow in the news,....LOL
Barclays May Sell BGI for as Much as $12 Billion, WSJ Reports
Share | Email | Print | A A A
By Dan Hart
May 16 (Bloomberg) -- Barclays Plc, the U.K.’s third- biggest bank, is in talks to sell its asset management unit for as much as $12 billion, with BlackRock Inc. among interested bidders, the Wall Street Journal said, citing unidentified people familiar with the matter.
The business includes the exchange-traded funds unit iShares, which Barclays agreed to sell to CVC Capital Partners Ltd. for $4.4 billion two months ago, the newspaper said.
The iShares and securities-lending units each generate as much as a third of the profit for the Barclays Global Investors subsidiary, the newspaper said, citing a person familiar with the situation. BGI had a pretax profit of 595 million pounds ($903 million) in 2008, the Journal said.
Barclays does not comment on speculative stories, a company spokeswoman in London said when contacted by Bloomberg today.
To contact the reporter on this story: Dan Hart in Washington at dahart@bloomberg.net
Last Updated: May 16, 2009 10:51 EDT
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
www.youtube.com/watch?...
Any politicians in Washington watching this show??
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
watch this...
www.youtube.com/watch?...
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
you said sell in march at $2.75 I bought 25000 shares sold them at $21 this monday....I made a killing with your call....and now....
I'm buying back BCS again on your downgrade thanks again....Jim...you make my life easier...and Barclays will sell BGI division $12B by June 18 and restart dividend in Q3...when JPM at PE of 20 after much more "DILLUTION" will pay dividend???
Barclays May Sell BGI for as Much as $12 Billion, WSJ Reports
By Dan Hart
May 16 (Bloomberg) -- Barclays Plc, the U.K.’s third- biggest bank, is in talks to sell its asset management unit for as much as $12 billion, with BlackRock Inc. among interested bidders, the Wall Street Journal said, citing unidentified people familiar with the matter.
The business includes the exchange-traded funds unit iShares, which Barclays agreed to sell to CVC Capital Partners Ltd. for $4.4 billion two months ago, the newspaper said.
The iShares and securities-lending units each generate as much as a third of the profit for the Barclays Global Investors subsidiary, the newspaper said, citing a person familiar with the situation. BGI had a pretax profit of 595 million pounds ($903 million) in 2008, the Journal said.
Barclays does not comment on speculative stories, a company spokeswoman in London said when contacted by Bloomberg today.
To contact the reporter on this story: Dan Hart in Washington at dahart@bloomberg.net
Memories of Lehman Fading [View article]
Lots of US Banks need to pay Tarp with huge Dillution before paying dividends....But Barclays
during the storm bought Lehman assets for only $2B....
That's what i call excellent management....
Cramer's Lightning Round -Barclays Is Scary (2/20/09) [View article]
with Target of $60...I guess Barclays at P/E of 4.83 at $18 is takeover target LOL and should be $45-$50 soon or later???
JP Morgan estimates raised at Morgan Stanley
Morgan Stanley raised JP Morgan estimates due to the smaller than expected equity raise to pay back TARP. Shares are Overweight rated with a $60 target. :theflyonthewall
Abu Dhabi Dumps Barclays: End to Bank Stock Rally? [View article]
Morgan Stanley raised JP Morgan estimates due to the smaller than expected equity raise to pay back TARP. Shares are Overweight rated with a $60 target.
Well IF JPM goes to $60 Barclays will go to $30 soon or later....thanks to load up cheap like me...LOL
Wall Street Breakfast: Must-Know News [View article]
with P/E of 32
Sorry but i will buy UK Bank Barclays (BCS) with P/E of 4.83 at $18.30 and dividend is coming in Q3
Cramer/theStreet.Com raised its outlook for JPM today, 2Jun09:
JPMorgan (JPM Quote) estimates raised at Morgan Stanley through 2011. Overweight rating and $60 price target.
Abu Dhabi Dumps Barclays: End to Bank Stock Rally? [View article]
I can see BCS at $30 for sure with P/E of 4.83 vs 32 for JPM...
Cramer/theStreet.Com raised its outlook for JPM today, 2Jun09:
JPMorgan (JPM Quote) estimates raised at Morgan Stanley through 2011. Overweight rating and $60 price target.
Abu Dhabi Dumps Barclays: End to Bank Stock Rally? [View article]
Barclays PLC(RT-BATS: BCS)
Last Trade: 18.19
Trade Time: 1:02pm ET
Change: 2.31 (11.27%)
Bid: 18.18 x 700
Ask: 18.21 x 300
This is a free Real-Time quote. Each Real-Time quote is from BATS Exchange and does not necessarily represent the top bids or asks in the marketplace.
Order Book
Top of Book
Bid Price Size
18.18 700
18.16 200
18.14 400
18.13 100
18.12 300
Ask Price Size
18.21 400
18.23 100
18.25 200
18.38 400
20.05 7,500
Abu Dhabi Dumps Barclays: End to Bank Stock Rally? [View article]
and this...Barclays CEO said this....
" Varley said that the bank's decision to stay independent was to ensure "our profit performance, and in our resulting ability to pay dividends." Earlier, Barclays Chairman Marcus Agius repeated the company's intention to resume paying dividends in the second half of 2009 and thereafter to pay them on a quarterly basis. The bank plans to make a cash payment in the fourth quarter and a final cash dividend for the year being declared and paid in the first quarter of 2010."