Barclays Share Discussion Threads

[jordaggy] 08/12/2020 20:49

GOLDMAN SACHS RAISES BARCLAYS PRICE TARGET TO 150 (145) PENCE - 'NEUTRAL' big deal! could have been a downgrade I suppose...

[stonedyou] 08/12/2020 20:40

Broker tips: Barclays, Standard Chartered, Virgin Money, Redrow, Crest Nicholson, Bellway, Shell



Deutsche Bank increased its share price targets for the UK's banks and named Barclays, Standard Chartered and Virgin Money as its top picks with a wave of bad loans looming.


UK banks will struggle to make efficiency gains in 2021 because of the cost of collecting a surge in non-performing loans and Covid bounceback loan expenses, Deutsche analyst Robert Noble said.

The German bank added that this environment would have varying effects on banks' results.

"Barclays, Standard Chartered and Virgin Money are more prescriptive and conservative on guidance and need little by way of efficiency gains to avoid forecast downgrades," Noble said, adding that consensus expectations at rivals appeared "more difficult to achieve".

Noble recommended buying Barclays shares and upgraded his price target to 165.0p from 135.0p and also kept his 'buy' rating on Virgin Money, raising his price target to 150.0p from 105.0p.

He also upgraded Standard Chartered to 'hold' and increased his share-price target on the stock to 480.0p from 415.0p.

[stonedyou] 08/12/2020 20:38

Barclays Launches BARX Book for Equities, a New Single-Dealer Platform Developed in Partnership With Nasdaq


NEW YORK--(BUSINESS WIRE)--Barclays today announced the launch of BARX Book for Equities, a new single-dealer platform developed in partnership with Nasdaq (Nasdaq: NDAQ). Hosted by Nasdaq on its leading market technology infrastructure, BARX Book for Equities provides institutional clients access to the bank’s unique, principal liquidity for U.S.-listed single names and exchange-traded funds, and is Barclays’ most recent innovation for equities within BARX, the firm’s multi-asset electronic trading platform.

“We are pleased to announce BARX Book for Equities as the latest offering in our electronic trading platform,” says Nas Al-Khudairi, Global Head of Markets Electronic Trading and Digital Strategy at Barclays. “This is a natural extension to our BARX suite and underscores our commitment to providing clients with a wide range of liquidity solutions that seamlessly integrate with their trading process.”

BARX Book for Equities represents a new chapter in Barclays’ client liquidity strategy, as it allows more ways for clients to access the firm’s principal liquidity during regular market hours. Clients will be able to access BARX Book through a number of new order types and through the new BARX Book algo strategy.

As part of the relationship, Nasdaq is fully hosting the Barclays platform on its Nasdaq Execution Platform, including managing system operations, as well as portions of risk controls, venue surveillance, trade reporting and clearing facilitation. The technology enables exceptional flexibility and provides Barclays the ability to integrate new applications and functionalities as the company evolves and expands the BARX Book for Equities platform. Nasdaq's market technology powers more than 300 of the world's market infrastructure organizations and market participants.

[stonedyou] 08/12/2020 20:35

London Stock Market to Drop Eight Chinese Firms


The FTSE stock market index in London will delete shares of eight Chinese companies.

They’re part of a U.S. blacklist of companies allegedly backed by the Chinese military. Last month, a White House executive order barred U.S. investors from buying securities of the blacklisted firms, starting in November 2021.

FTSE said it acted on feedback from index subscribers and other stakeholders, and was following its policy when sanctions are imposed that restrict investments.

The delistings will take effect Dec. 21. The FTSE’s China base exchanges will only have these Chinese companies under review for the moment.

[manics] 08/12/2020 18:35

DOW putting space from 30k.

[stonedyou] 08/12/2020 17:22

Barnier warns chances of Brexit deal 'very slim' as splits erupt with VDL in EU's top team

MICHEL Barnier has warned there is a "very slim" chance of securing a Brexit trade and security deal in the coming days, according to EU sources.

The Brussels diplomat delivered a “very negative” assessment of the wrangling with Britain to a video conference of European affairs, one insider said. The Frenchman urged member states to brace for a no-deal outcome and increase their contingency planning. According to an EU diplomat familiar with the discussions, Mr Barnier said: “We are close to the moment of needing urgent measures... a contingency plan for no deal.

“The foundation of our future cooperation with the UK is more important than the rush. We cannot sacrifice our long-term interests for short-term political goals.”
The diplomat said Mr Barnier’s gloomy outlook was fuelled by concerns that Ursula von der Leyen could relax the bloc’s so-called level playing field demands to clinch a deal.
The Commission President is set to hold showdown talks with Boris Johnson later this week to thrash out the outstanding issues in the trade talks.
UK Brexit envoy Lord Frost was today hammering out the final details before the crunch meeting.

[manics] 08/12/2020 16:36

Up .1 on the day -about as boring as it gets.

[manics] 08/12/2020 14:02

Informant: don't tell me that! I'm getting left behind here.

[informant] 08/12/2020 13:50

Barclays and Lloyd’s looking strong. They want to rally, but DOW holding them down. Once DoW starts to fly again, BARC looks likely to hit 162

[manics] 08/12/2020 09:55

IB trimming:

[manics] 08/12/2020 08:12

A few quiet reversals shaping out there, imo. Time for caution.

[johnwise] 08/12/2020 07:28

VIDEO

Trump Team Begins a Forensic Exam in Michigan; Supreme Court Path Opens in PA

[manics] 08/12/2020 05:02

In May, 2010, from his bedroom in London, Navinder Sarao, helped cause panic in U.S. markets. Bloomberg’s Liam Vaughan tells the story of The Flash Crash Trader, also known as The Hound of Hounslow.



-well worth a watch.

[johnwise] 08/12/2020 03:28

VIDEO

SIDNEY POWELL ON TRUMP'S PATH TO VICTORY

[portside1] 07/12/2020 20:31

THS my tip is going well

[johnwise] 07/12/2020 19:14

VIDEO

Judge Jennie she is a straight talker with the backbone

[johnwise] 07/12/2020 19:14

VIDEO

Judge Jennie she is a straight talker with the backbone

[portside1] 07/12/2020 19:07

Yes just back from spoons had4 pints and the meal I put in a box and gave it to the lad I know very well in the bookies over from the spoons he was happy I was happy now back home and wish I was in th3 pub