Trump to water down Dodd-Frank regulations to lift 'burden' on banks
3rd Feb 2017 11:20
(ShareCast News) - Donald Trump is making tracks on his promise to cut business regulation, as reports suggest he is to sign an executive order on Friday which strips back the Dodd-Frank regulatory framework put in place following the 2008 financial crisis. In an interview with the Wall Street Journ
Read moreMonday broker round-up
30th Jan 2017 13:05
(ShareCast News) - BT: Barclays reiterates overweight with a target price of 475p. ITV: Jefferies reiterates buy, 230p target. Phoenix: Deutsche Bank restarts coverage at buy with a 835p target. Paragon Group: JP Morgan reiterates underweight with a 355p target. Inmarsat: Deutsche Bank reiterates
Read moreBarclays planning Dublin headquarters move post-Brexit, report says
26th Jan 2017 15:37
(ShareCast News) - Barclays has begun planning to make Dublin its European headquarters, once Britain leaves the European Union, according to a Reuters report on Thursday afternoon. Citing a source close to the matter, the news wire said Barclays was drawing up plans for a potential move but the ba
Read moreSunday newspaper round-up: Industrial strategy, May to meet Trump, Barclays, courgettes
22nd Jan 2017 15:04
(ShareCast News) - Theresa May will on Monday reveal her '10 pillars' industrial strategy that will aim to boost sector productivity. The Sunday Times said the Prime Minister's long-awaited green paper includes measures to improve skills, boost scientific research, and increasing spending on broadba
Read moreMacquarie reiterates Lloyds as top-pick, downgrades Barclays
16th Jan 2017 08:01
(ShareCast News) - Looking out to 2017, analysts at Macquarie retained their "bullish" stance on European banks, arguing that multiples in the sector were not "stretched", earnings were likely to recover further and consensus expectations were undemanding. However, their bias was for retail/commerci
Read moreTuesday broker round-up
10th Jan 2017 13:25
(ShareCast News) - Tullow Oil: UBS reiterates neutral with a target price of 260p. BT Group: Barclays reiterates overweight, 525p target. B&M European: Deutsche Bank reiterates buy with a 330p target. BP: HSBC reiterates buy with a 590p target. Royal Dutch Shell: Barclays keeps at overweight with
Read moreDeutsche Bank upgrades Barclays, says well placed for 2017 earnings growth
9th Jan 2017 07:50
(ShareCast News) - Deutsche Bank upgraded Barclays to 'buy' from 'hold' and lifted the price target to 270p from 198p, saying the company is well placed for 2017. DB said that following a year of restructuring, transition to a new reporting structure and favourable macro trends, particularly FX, the
Read moreSector movers: Banks lead gains as Gilt yields resume rise
3rd Jan 2017 15:02
(ShareCast News) - Banks spearheaded gains as government bond yields jumped back following the declines seen at the end of 2016 amid stronger-than-expected readings on economic activity and prices on both sides of the Atlantic. As of 1543 GMT the yield on the benchmark 10-year Gilt was up 11 basis p
Read moreBarclays, Google remain committed to UK post-Brexit but growth reaches 4-year low
28th Dec 2016 14:02
(ShareCast News) - Barclays and Google have reaffirmed their commitment to Britain after the country voted to leave the European Union, but a survey revealed that growth since the referendum has reached a four-year low. Matt Brittin, president of Google in Europe, said that Britain was attractive du
Read moreUS sues Barclays for mortgage securities fraud
23rd Dec 2016 07:19
(ShareCast News) - The US Department of Justice has filed a lawsuit against Barclays and two of its former executives on civil charges of fraud in the sale of mortgage-backed securities in the run-up to the financial crisis. Barclays said on Friday that it rejects the claims made in the complaint an
Read moreRBS, Barclays among banks fined by Swiss regulator for rate rigging
21st Dec 2016 09:19
(ShareCast News) - Royal Bank of Scotland and Barclays were among the banks fined CHF99m (£78m) by the Swiss competition regulator for interest rate rigging in four separate cartels. The regulator, COMCO, also fined US banks JP Morgan Chase and Citigroup, Deutsche Bank, Societe Generale and Credit S
Read moreWednesday broker round-up
14th Dec 2016 17:55
(ShareCast News) - Hargreaves: Barclays reiterates overweight with a target price of 1560p. Barclays: Exane BNP Paribas downgrades to neutral, 245p target. Domino's Pizza: Berenberg reiterates buy with a 425p target. Booker: Goldman Sachs reiterates buy with a 200p target. Paysafe: Barclays keeps
Read moreBroker tips: B&M, Capita, Barclays
14th Dec 2016 12:04
(ShareCast News) - B&M European Value Retail's shares received a boost on Wednesday after Canaccord Genuity raised its rating on the stock to 'buy' from 'hold' and lifted the target price to 295p from 265p. Canaccord said it remains positive on the variety retailer's UK prospects and is "sanguine" o
Read moreBarclays slumps as Exane downgrades rating to 'neutral'
14th Dec 2016 08:41
(ShareCast News) - Barclays shares were under pressure on Wednesday as Exane downgraded the stock to 'neutral' from 'outperform' but raised the target price to 245p from 228p. Exane said it had become more positive on Barclays earlier in the year due to an improved capital outlook after being "cau
Read moreMonday broker round-up
12th Dec 2016 15:55
(ShareCast News) - Greencore: Berenberg reiterates buy with a target price of 350p. Talk Talk: UBS reiterates neutral, 160p target. Barclays: JP Morgan reiterates neutral with a 215p target. Bunzl: Deutsche Bank reiterates buy with a 2450p target. Old Mutual: Barclays downgrades to equal-weight w
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