Barclays Stories
Facebook Seeking Bigger Credit Line
Facebook Inc plans to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest shortly after it goes public, according to two sources familiar with the company's plans.
Barclays Takes $10.9 Billion from ECB on LTRO
Barclays Plc has taken 8.2 billion euros ($10.9 billion) of the European Central Bank's (ECB) long-term refinancing operation (LTRO), which offers three-year loans to banks at a rate of 1 percent, in order to manage funding gaps in Spain and Portugal.
Arsenal Transfer News: Gunners Face Battle with Inter and AC Milan for Podolski, Reports
The latest Arsenal transfer news concerns rumored interest from AC Milan and Inter in Arsenal target Lukas Podolski
Tottenham's Gareth Bale Out for Up to Three Weeks: Reports
Tottenham's Gareth Bale will be out of action for up to three weeks after tearing his hamstring while on international duty with Wales, according to reports.
Manchester United Transfer News: Berbatov Set for Summer Exit Despite Contract Extension, Tito Flattered by United Rumors
Manchester United transfer news today concerns the future of Dimitar Berbatov and the reaction from Tito on being linked with an Old Trafford switch.
Liverpool Transfer News: Reds Battle PSG for French Under-21 Star, Reports
Liverpool Transfer news today has speculation that the Reds are scouting French under-21 star Remy Cabella.
England vs. Holland 2012 Friendly: Where to Watch Live Stream, Preview
Where to watch a live stream of the England vs. Holland 2012 friendly, plus a full preview of the exhibition game taking place at Wembley on Wednesday.
ECB Floods World Financial System With €529.5 Billion in Loans
The European Central Bank gave the world's financial system a €529.5 ($712) billion Leap Year Day gift, providing financial institutions with that amount in one percent-interest, three-year loans this week, the bank announced Wednesday morning.
Manchester United Transfer News: Serbian Star, Once Dubbed 'New Cristiano Ronaldo,' Wanted at Old Trafford, Spanish Right Back Also Watched, Reports
Manchester United transfer news today focuses on speculation that United are scouting Serbian starlet Alen Stevanovic, one dubbed the new Cristiano Ronaldo.'
CVC to Buy Nordic Group Ahlsell for $2.4 Billion
CVC Capital Partners is to buy Nordic construction products and machinery distributor Ahlsell from Cinven and Goldman Sachs Capital Partners for 1.8 billion euros ($2.4 billion), in Europe's biggest private equity deal since last summer.
Investors See Huge Euro Injection Tomorrow; Banks, Not So Much
Market participants are seemingly expecting European banks to take up a massive amount of euro over the next 24 hours, as the European Central Bank offers them a second helping of ultra-low cost loans. The banks themselves, not so much.
Dwight Howard Trade Rumors: Nets Remain the Favorite, Lakers Drop Off?
The Nets reportedly remain Orlando Magic center Dwight Howard's favored destination to play elsewhere, especially after what Los Angeles Lakers guard Kobe Bryant recently said about him, on top of the Magic's rejection of a trade for Howard involving Lakers center Andrew Bynum.
Barclays says it alerted UK to tax efficient scheme
Barclays Plc said any retrospective change to UK tax laws would not have a material impact on its profits and said it alerted the UK government to a tax efficient scheme it used, sparking a government clampdown on the tax schemes.
Barclays at centre of UK tax avoidance clampdown
Barclays Plc said it was the bank at the centre of a clampdown by Britain on two tax avoidance schemes that the government said would close loopholes and raise more than 500 million pounds ($792 million) in tax.
Villas-Boas Fears Sack: Chelsea Boss Challenges Abramovich to Keep Faith
Chelsea manager Andre Villas-Boas has for the first time spoke of his fear that Chelsea owner Roman Abramovich will sack him after the club's poor run of form.
Soaring Gasoline Prices: Six Things You Need to Know
The prices of gasoline and other energy commodities are on the rise -- with further increases just over the horizon -- and it appears that everyone is taking notice.
Katrina Darling: Kate Middleton's Cousin Is Sexy Burlesque Dancer and Lingerie Model [PHOTOS]
While Kate Middleton has skyrocketed to fame with her royal wedding to Prince William, another member of her family, Katrina Darling, has recently gained publicity as well. Darling, a distant cousin of British royal Kate Middleton, is bringing her racy burlesque dancing act to New York this March. Take a look at pictures of Kate Middleton's sexy second cousin who models lingerie and racy burlesque outfits.
Asian Shares Edge up, Tempered by Oil Price Concerns
Asian shares crept higher Friday as solid U.S. data improved sentiment, but gains may be limited by concerns that rising oil prices could deal a further blow to the fragile euro zone economy and moves to take profits after recent rallies.
Analysis: Goldman's Top Brass Gun for Cash Bonuses
While Wall Street slashes pay and freezes cash awards, Goldman Sachs Group's top five executives may reap special bonuses of $10.5 million apiece if the firm hits historically easy profit targets over the next two years.
Equity Residential Hikes Potential Bid for Archstone Stake to $1.48B
Real estate mogul Sam Zell's Equity Residential (NYSE:EQR) has raised its minimum bid for a 26.5 percent stake in the long-running battle for control of Archstone, owner of more than 70,000 U.S. apartment units. Earlier this week, the minimum bid was raised to $1.48 billion from $1.32 billion by Bank of America Corp. and Barclays Plc, which own the minority stake in the company. The banks also extended the deadline for Equity's option to buy the stake to April 19 from Feb. 19.
SBA Communications Buys Cell Tower Sites for $1B
Wireless tower operator SBA Communications Corp will buy more than 2,300 tower sites and some antenna assets from Mobilitie LLC for about $1.09 billion, as it looks to benefit from an explosion in data traffic and arm itself better against larger competitors.
SBA Communications buys tower sites for $1 billion
Wireless tower operator SBA Communications Corp will buy more than 2,300 tower sites and some antenna assets from Mobilitie LLC for about $1.09 billion, as it looks to benefit from an explosion in data traffic and arm itself better against larger competitors.
Chinese Easing and Greek Bailout Hopes Boost Asian Shares and Commodities
Asian markets rose across the board Monday as policy easing by China and expectations that Greece will secure a second bailout buoyed investor appetite for riskier assets, sending U.S. crude up nearly 2 percent and copper nearly 3 percent higher.
Asian Markets Buoyed by China Easing, Greece Hopes
Markets jumped Monday as policy easing by China and prospects for Greece to clinch a second bailout fund buoyed investor appetite for riskier assets, sending U.S. crude up nearly $2 a barrel and Asian shares up nearly 1 percent.
U.S. Consumer Price Index Rose 0.2% in January, Less than Expected
The U.S. consumer price index rose less than forecast in January as prices for household energy and used automobiles cooled, supporting the Federal Reserve's view that inflation will remain in check.
Arsenal's Milan Defeat was Worst Ever in Europe, Claims Manager Arsène Wenger
Following Arsenal's 4-0 humiliation at the hands of Milan yesterday, manager Arsène Wenger has slammed the occasion as his side's worst night in Europe.
Moody's: Financial Titans, EU Banks Under Review
Moody's Investors Service placed 114 financial firms , as well as 17 banks and securities firms with global capital markets operations, under ratings review due to the ongoing Eurozone crisis.
Bond Market Update: Rally in Corporates Disguises Churning, Convoluted Dynamic
A current rally in the sprawling $7.74 trillion field for corporate bonds, which are issued as debt by major American corporations, belies a great churning occurring just beneath the market's surface. Recently, Richard Prager, who heads the bond strategy desk at the world's largest asset management firm, put it succinctly: "Houston, we got a problem."
Moody's Warns of Downgrading 17 Global Banks
Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the eurozone government debt crisis is spreading throughout the global financial system.
Asian Shares and Euro Drop on Delay on Greek Bailout
Asian shares and the euro fell Thursday as another delay in cementing a crucial bailout for stricken Greece underscored how far Europe is from resolving a debt crisis that threatens the stability of the financial system.