News Feed » Barclays

Overnight Market News – November 10, 2009

admin — Tue, 10 Nov 2009 10:56:03 +0000

Barclays PLC Third Quarter Net Income Declines 54% to GBP 1.08B (USD 1.8B) on Impairment Charges
European Commission Objects to Oracle Corp’s Proposed USD 7.4B Acquisition of Sun Microsystems Inc on Concerns Over the Merger’s Potential Impact on Competition in the Database Market
Cell Phone Service Provider, Vodafone PLC Says First Half Operating Profit Rises 2.9% to GBP 7.46B, Announces Plans to Save Additional GBP 1B by 2012
Europe’s Biggest Bank, HSBC Holdings PLC Says Third Quarter Underlying Pre-Tax Profit is “Significantly” Higher than a Year Ago on Reduced Loan Provisions
Google Inc to Acquire Mobile Advertising Company, AdMob Inc for USD 750mm
Indonesia’s Third Quarter Gross Domestic Product Expands 4.2% from a Year Ago on Increased Consumption and Investment Spending
Crude Oil Stands at USD 79.19 per Barrel
Ethanol Stands at USD 2.01 per Gallon
Natural Gas Stands at USD 4.59 per British Thermal Unit (Btu)
Gold Stands at USD 1,100.90 per Troy Ounce
Dow Jones Industrial Average Rises 203.52 Points (2.03%)
London FTSE Index Rises 14.09 Points (0.27%)
Japan Nikkei Index Rises 61.74 Points (0.63%)
Hong Kong Hang Seng Index Rises 60.61 Points (0.27%)
Brazil Bovespa Index Rises 1,748.22 Points (2.71%)

Barclay’s Returns Solid Results

admin — Tue, 04 Aug 2009 07:56:51 +0000

On Monday, Barclay’s PLC pleased investors with a solid performance for the first half of 2009, despite missing analysts’ estimates. The UK’s second largest lender said that net profit for its six month period ended June 30, 2009 rose 10% to GBP1.98B, below analysts’ estimates of GBP1.96B.

Still, Barclay’s shares soared 7.84% at the close of trading yesterday after the company reported that profits at its investment bank – Barclays Capital – more than doubled. It was helped by increased bond underwriting sales and higher customer volumes.

Overnight Market News – August 3, 2009

admin — Mon, 03 Aug 2009 13:09:50 +0000

HSBC Holdings plc (HBC) Sees First-Quarter Profit Halve to USD 5.02B from USD 10.02B on Increased Bad Debt in US
Barclays plc Profits Rise 8% for Six Months to USD 5B for First Half, Helped by Investment Banking Division
China Manufacturing Index Rises to Highest Level in a Year to a Seasonally Adjusted 52.8 in July from 51.8 in June on Stimulus Efforts
Yahoo! Inc to Invest Savings from Search-Engine Deal with Microsoft Corp into Display Ad, Content and Mobile Services Technology
Panasonic Corp Raises Earnings Outlook for its Fiscal First Half, Projecting Loss of JPY 100B (USD 1.06B) for 6M 2009/2010 through September Versus JPY 195B Expected Previously
Nissan Motor Co Ltd Unveils Company’s First Zero-Emission Car, “Leaf”, to Be Available in the US, Japan and Europe in 2010
Crude Oil Stands at USD 70.88 per Barrel
Ethanol Stands at USD 1.69 per Gallon
Natural Gas Stands at USD 3.74 per British Thermal Unit (Btu)
Gold Stands at USD 956.30 per Troy Ounce
Dow Jones Industrial Average Rises 17.15 Points (0.19%)
London FTSE Index Rises 75.13 Points (1.63%)
Japan Nikkei Index Falls 4.36 Points (-0.04%)
Hong Kong Hang Seng Index Rises 233.93 Points (1.14%)
Brazil Bovespa Index Rises 287.29 Points (0.53%)

Overnight Market News – July 15, 2009

admin — Wed, 15 Jul 2009 15:01:00 +0000

China’s Foreign Exchange Reserves, the World’s Largest, Surpasses USD 2T as Foreign Investment Flows Back into the Country
Intel, the World’s Biggest Chipmaker, Reports Second Quarter Earnings of USD 0.18 per Share, Far Exceeding Analyst’s Expectations of USD 0.08
UK Unemployment Increases by Record 281k to 2.38mm in the Three Months to May, Jobless Rate now 7.6%, the Highest in More than 10 Years
Japan’s Central Bank Downgrades its Economic Forecast, Expects Economy to Shrink 3.4% in the 12 Months to March 31, 2010
Barclays Plc’s iShares to Offer the First Exchange-Traded Funds (ETFs) that Track Mexican Government Debt Indexes, Will Begin Trading on July 16
CL Financial Shareholders to Vote Today on Agreement to Restructure the Conglomerate and to Approve a State/CL Financial Appointed Board of Directors
Crude Oil Stands at USD 60.50 per Barrel
Ethanol Stands at USD 1.58 per Gallon
Natural Gas Stands at USD 3.49 per British Thermal Unit (Btu)
Gold Stands at USD 933.50 per Troy Ounce
Dow Jones Industrial Average Rises 27.81 Points (0.33%)
London FTSE Index Rises 73.53 Points (1.74%)
Japan Nikkei Index Rises 7.44 Points (0.08%)
Hong Kong Hang Seng Index Rises 372.93 Points (2.09%)
Brazil Bovespa Index Falls 314.35 Points (-0.64%)

Barclays Global Investors (BGI) Unit Being Sold To BlackRock

admin — Sun, 14 Jun 2009 06:25:29 +0000

Yesterday, Barclays PLC finalized a deal to sell its Barclays Global Investors (BGI) Unit to BlackRock Inc. for US$13.5B. The deal created the world’s largest asset manager, to be known as BlackRock Global Investors.

BlackRock will pay US$6.6B cash and the rest in stock. It will also acquire BARC’s ishares business in order to increase its total assets. A net gain of US$8.8B will strengthen BARC’s balance sheet. Despite rising 2.37% at the close of trading on Thursday, BlackRock shares fell 3.31% to US$176.56 at yesterday’s close.

Overnight Market News – June 2, 2009

admin — Tue, 02 Jun 2009 11:36:11 +0000

Abu Dhabi Reaps GBP 1.5B Profit After Sale of 11% Stake in Barclays Plc
General Motors Corp Will Likely Sell Key Assets by Next Month as it Hopes for Speedy Exit from Bankruptcy Protection
Goldman Sachs Group Inc Receives USD 1.91B from Industrial & Commercial Bank of China Ltd Stock Sale, on Track to Repay TARP Funds
Europe’s Unemployment Rate Jumps to 9.2% in April from 8.9% in March, Highest in 10 Years
Switzerland Enters Recession After First Quarter Gross Domestic Product Contracts by 0.8%
Singapore’s Neptune Orient Lines Plans USD 972mm Rights Issue to Repay Debt
Crude Oil Stands at USD 68.58 per Barrel
Ethanol Stands at USD 1.86 per Gallon
Natural Gas Stands at USD 4.25 per British Thermal Unit (Btu)
Dow Jones Industrial Averages Rises 221.11 Points (2.60%)
London FTSE Index Falls 58.27 Points (-1.29%)
Japan Nikkei Index Rises 26.56 Points (0.27%)
Hong Kong Hang Seng Index Falls 499.51 Points (-2.64%)
Brazil Bovespa Index Rises 1,288.56 Points (2.42%)