Thursday newspaper share tips: Barclays, Henderson Group
28th Apr 2016 17:39
(ShareCast News) - The only positive in Barclays´s latest set of results was the absence of any new misconduct allegations, which means its shares may get cheaper still, The Times´s Tempus argued. Profits improved, but only once you exclude all the awkward bits of the business the lender wants to hi
Read moreBarclays in talks to sell French business to AnaCap
27th Apr 2016 08:38
(ShareCast News) - Barclays has agreed to hold exclusive negotiations to dispose of its French retail banking and wealth businesses, according to European private equity group AnaCap Financial Partners. AnaCap said it has begun talks about a deal that would see Barclays continuing to operate its cor
Read moreLondon pre-open: Stocks seen touch lower as eyes turn to Fed
27th Apr 2016 07:26
(ShareCast News) - London stocks were expected to open a little lower on Wednesday following a lacklustre session on Wall Street and losses in Asia, as investors digested disappointed earnings from tech giant Apple and looked to the Federal Reserve rate announcement. The FTSE 100 was seen starting s
Read moreNon-core activities still dragging the chain at Barclays
27th Apr 2016 07:09
(ShareCast News) - Barclays reported a dip in profit in its first quarter on Wednesday, with group profit before tax at £793m in the three months to 31 March, down from £1.06bn a year earlier. The FTSE 100 banking group said this reflected an 18% increase in core profit before tax to £1.6bn, though
Read moreSector movers: Banks and homebuilders lead gains
26th Apr 2016 15:19
(ShareCast News) - Banks and real estate and property stocks rode to the top of the leaderboard on the heels of well-received quarterly earnings from StanChart and a perception that Brexit risks were fading, although analysts and market commentary were cautious on both counts. For the first quarter
Read moreSunday newspaper round-up: Barclays, Battersea, Retailers
24th Apr 2016 11:25
(ShareCast News) - Barclays has come under attack from top investors over its plummeting share price and "confusing" turnaround plans. Britain's second-biggest bank by assets is braced for an onslaught at this week's annual meeting, with shareholders set to vent their spleen over its dire performanc
Read moreSector movers: Basic resource, bank stocks surge
13th Apr 2016 19:58
(ShareCast News) - A surge in basic resources and bank shares gave equity benchmarks around the world a leg up on Wednesday, following data out of the People's Republic of China which showed exports rising at their fastest pace in over a year. The DJ Stoxx 600 gauge of basic resource sector shares l
Read moreThursday newspaper round-up: Cameron, Tata, Petrofac
7th Apr 2016 07:13
(ShareCast News) - David Cameron personally intervened in 2013 to weaken an EU drive to reveal the beneficiaries of trusts, creating a possible loophole that other European nations warned could be exploited by tax evaders. The disclosure of the prime minister's resistance to opening up trusts to ful
Read moreHSBC, RBS and Barclays said to plan 400 branch closures this year
6th Apr 2016 14:55
(ShareCast News) - HSBC, Royal Bank of Scotland and Barclays are reportedly set to close 400 UK branches this year. Reuters cited people familiar with the matter as saying that HSBC was set to close the highest number, with about 200 branches this year. That is about a fifth of the bank's UK branche
Read moreWednesday newspaper round-up: Tata Steel, inversion deals, Panama Papers, pensions
6th Apr 2016 07:19
(ShareCast News) - The businessman at the centre of efforts to salvage the UK's biggest steel factory has laid out his demands, calling on the UK government for sweeping subsidies if he is to take over the Port Talbot plant. Sanjeev Gupta, founder of commodities group Liberty House, said for him to
Read moreTuesday broker round-up
5th Apr 2016 15:09
(ShareCast News) - Royal Mail: Investec reiterates buy with a target price of 580p. Gooch Housego: Investec reiterates buy, 1020p target and Finncap keeps at hold. Glencore: Exane BNP Paribas maintains outperform with a target price of 165p. Babcock: JP Morgan reiterates overweight with a targe
Read moreThursday newspaper round-up: Dyson, Brexit, US shale gas, Barclays
24th Mar 2016 07:13
(ShareCast News) - European ministers are expected on Thursday to push telecommunications and digital service providers to work more closely with government authorities to track down terror suspects as part of a post-Brussels attack crackdown. At a hastily arranged meeting, EU ministers responsible
Read moreHSBC cuts Barclays to 'hold' on dividend disappointment
22nd Mar 2016 12:56
(ShareCast News) - HSBC downgraded Barclays to 'hold' from 'buy' and cut the price target to 190p from 230p to reflect disappointment over the bank's dividend decision and the uncertain background for investment banking earnings. "The restructuring story has been clouded by management's decision to
Read moreMonday newspaper round-up: Brexit, Dyson, BHS, sugar tax, Barclays
21st Mar 2016 07:14
(ShareCast News) - The UK economy could lose more than half a million jobs by 2020 in the event of a vote to leave the EU and would be unlikely to recover from the impact fully even after 15 years, the head of the CBI is set to warn. Carolyn Fairbairn, director-general of the business lobby, will pr
Read moreNomura downgrades StanChart, HSBC, Barclays
18th Mar 2016 12:12
(ShareCast News) - China's economy was set to slow more sharply than most analysts were expecting, leading to a further devaluation of the country's currency, the yuan, which in turn would weigh on the broader emerging market currency space and business for the likes of HSBC and StanChart, Nomura sa
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