Barclays Share Discussion Threads

[portside1] 15/5/2021 21:32

Remember the black thug who beat up a old nhs worker on the bus last September ,met never trace him .but when a black thug is attacked the met put out hundreds of officers to trace himThe met police are not fit for anything only the dole The race card scares them and that is why the black criminals are never arrested ,all fact

[johnwise] 15/5/2021 18:27

The UK’s Plan To Repurpose Abandoned Coal Mines

A plan to convert Britain’s disused, flooded coal mines into geothermal power plants is now gaining traction as permission is granted for a testing phase. Abandoned and flooded underground coal mines are plentiful in the North of England, Britain’s industrial revolution hub.

[portside1] 15/5/2021 16:23

Lloyd's . Around 5 years ago went to Lloyd's bank polish girl not good English but ok .When I was in spoons she was telling friends about my account And only new because one of the staff was with them When I went to the toilet the girl told me .And two of the other polish girls followed me to the bar before the other girl told me what was said asked me if I would buy them some drinks which I said I do not buy drinks for people I do not know .Knowing the manager I spoke to him a few days later She was moved or sacked I do not no which Then 6 months later I went to my other bank barcs and she was working their she saw me and walked into the back never saw her again be careful with staff if they are migrants who come and vanish

[manics] 15/5/2021 14:03

George Soros just announced his $194m position in VIAC.Perhaps he reads the ABTC thread too...

[johnwise] 15/5/2021 11:56

Those chinese sure know how to come up a decent bio-weapon.


Experts warn vaccines are 'almost certainly less effective' at reducing transmission of Indian variant while BMA urges 'utmost caution' with easing of lockdown as Boris sends Army into Covid hotspots amid warnings of 1,000 deaths a day by summer

[johnwise] 15/5/2021 07:12

Lloyds Bank worker took bribes to launder text scam gang’s stolen millions

The criminal network had stolen money using a ‘smishing’ plot, tricking individuals and companies into divulging their personal bank detail

A text scam gang bribed a Lloyds Bank worker to help them launder money stolen in a £30million con, a court heard.

[johnwise] 15/5/2021 06:41

VIDEO

Finance

'Kudlow' host runs through a week of crises plaguing the Biden administration.

Larry Kudlow: Biden has nothing but problems..

[manics] 15/5/2021 06:23

PRBSHARES: it's decision time next week imo. Is BARC to arrest and pull out of a rollover, or is it into 16X...

[portside1] 14/5/2021 20:31

Hello stonedyou , had a good day ,It's time Boris did grow some balls and hit Scotland with big changes ,give them the vote and they must leave within in 3 months ,No pound No U.K. passports No crossing the border to work in the U.K. no working on the U.K. without U.K. passport and if you live in Scotland you can not have a U.K. passport no savings guarantee for savers from scotland Pull out all U.K. businesses and because they have voted to leave no redundancy as it's their choice to leave No more funding for nhs all pensions cease from U.K. and a lot more we need see if that is what they want their choices do all Scottish People in the U.K. will have a vote

[joestalin] 14/5/2021 19:14

The server on which the data resides may not be in the UK.

[prbshares] 14/5/2021 17:47

Want to elaborate a bit more on this Manics ...?

Manics14 May '21 - 16:07 - 8364 of 8370
0 0 0
A fascinating week next week for BARC on the chart.

[justalittlemore] 14/5/2021 17:44

Investors might want to bet on Barclays (BCS), as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.

As such, the Zacks rating upgrade for Barclays is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock Prices

The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Barclays imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate Revisions

Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>.

Earnings Estimate Revisions for Barclays

This financial holding company is expected to earn $1.27 per share for the fiscal year ending December 2021, which represents a year-over-year change of 159.2%.

Analysts have been steadily raising their estimates for Barclays. Over the past three months, the Zacks Consensus Estimate for the company has increased 26.9%.

Bottom Line

Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Barclays to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

[justalittlemore] 14/5/2021 17:34

Barclays Faces Credit Trader Exodus Over Bonus Disappointment
(Bloomberg) -- Barclays Plc has been hit by a string of departures among senior credit traders in New York and London unhappy that their bonuses failed to reflect the pandemic profit surge.

The bank has offered promotions to some employees and given assurances over future pay in an attempt to address their concerns, according to people familiar with the matter, who asked not to be identified discussing private information.

Departures from the credit desk include Ovie Faruq, director in U.S. high-yield cash and derivatives trading in New York, the people said. Bloomberg News has previously reported that Shrut Kalra, head of European investment grade trading, Taymour El Chammah, global head of macro credit trading, and John Cortese, co-head of U.S. credit trading, left last month. They all declined to comment.

Faruq, Kalra, Cortese and spokesperson at Barclays declined to comment, while El Chammah did not respond to requests for comment.

Bonuses in credit trading rose by as much as 20% over the past year, the people said. However, the increase did not keep pace with the improvement in some teams’ performances, according to the people.

Across the bank, Barclays granted annual bonuses worth 1.09 billion pounds ($1.54 billion), down 3% year-on-year following an overall 30% drop in pretax profits in the wake of the pandemic.

Money Maker

Credit traders buy and sell bonds and loans issued by corporations and also deal in derivatives linked to their financial health. They thrived as companies were slammed by the pandemic before central banks intervened, sending bonds on a rollercoaster. A record $39 billion of U.S. corporate debt was bought and sold on average every day last year, helping the biggest banks generate the most credit-trading revenue since 2013, according to data from the Securities Industry and Financial Markets Association and Coalition Development Ltd.

The business is a key money maker for Barclays. Led by Adeel Khan, the unit’s best performers included traders in so-called flow credit and U.S. high-yield bonds, the people said. Khan has recently made several promotions within the team. Last month, London-based Finbar Cooke and Michael Khouri were made co-heads of credit trading for Europe, while Hong Kong-based James Roberts took on the role for Asia.

While the bank stopped disclosing results for the unit several years ago, the credit business generated about 38% of the wider fixed-income division’s revenue for 2016 and 2017 combined, filings show. The division, which also houses teams dealing in government bonds and currencies, reported revenue of 5.1 billion pounds ($7.2 billion) last year, the most in almost a decade.

On an earnings call last month, Chief Executive Officer Jes Staley said the bank has the ability to cut bonuses to address investor concerns about its growing costs. “It’s a very controllable number so if our performance weakens we can take it right down again,” he said.

[johnwise] 14/5/2021 17:24

Online Banking- "convenient and secure".?

Irish health service forced to shut down IT systems after ransomware attack

[johnwise] 14/5/2021 17:16

Bitcoin price crash likely wiped millions off Tesla’s balance sheet

Fund manager Nickel Asset Management said Elon Musk's decision to stop the electric car maker from accepting Bitcoin payments due to environmental concerns likely cost the firm US$370mln

[manics] 14/5/2021 16:33

That's not at all a bad close for the FTSE into this weekend, given the outlook just a few sessions ago.