Barclays Stories
Pre-market movers on Mar.16 (PANL, AST, MU, DE, CSIQ, MRK, ORCC, AMAT, CCL, SBUX, AAPL)
The companies whose shares are moving in pre-market trade on Wednesday are: Universal Display, Ascent Solar Technologies, Micron Technology, Deere & Co, Canadian Solar, Online Resources, Applied Materials, Carnival, Starbucks and Apple.
World Market Update 16/03/2011
U.S. stocks ended lower on Tuesday as mounting fears about Japan's escalating nuclear crisis sparked sell-offs in financial markets around the world, but positive remarks from the Federal Reserve helped the indexes rebound from the day’s lows.
World Market Update 15/03/2011
U.S. stocks plunged in early trade on Tuesday, following sell-off in European and Asian stock markets amid fears of a nuclear disaster in Japan.
Lehman probe stalls; execs may escape charges: report
A government probe into the fall of Lehman Brothers Holdings Inc has hit so many snags that enforcement officials fear they may never be able to bring civil or criminal charges against company executives, the Wall Street Journal reported on Saturday.
Goldman says group may file rival Lehman plan
Goldman Sachs Group said it is part of a creditor group that may file an alternative plan for dividing up billions of dollars of Lehman Brothers' Holdings assets.
iPad 2 Seen To Cause Bubble Burst in Tablet Market
The launch of Apple's (NASDAQ: AAPL) iPad 2 is pointing to an increasing risk of bubble burst in the tablet market in the second half of 2011, according to an analyst from JPMorgan.
RIM Profit View Lowered at Barclays
Barclays Capital has cut its profit estimates of BlackBerry maker Research In Motion, saying that low-end strength and aging products should lower average selling price.
iPad 2 Keeps Apple Ahead
Barclays Capital said its sales estimates for iPad 2 are likely conservative for Apple Inc.'s March quarter because of early shipment date. The brokerage still expects that competitors will find it tougher to compete with Apple in tablets than in phones given the integration of iTunes and Apple’s expertise in design and battery life.
IBM Analyst Day Likely to Focus on 2015 Roadmap
IBM would be hosting its Analyst Day today at its Thomas J. Watson Research Center in Yorktown Heights, New York at 10 am EST that is likely to focus on 2015 roadmap, according to Barclays Capital.
Barclays trio in $110 million pay day
New Barclays boss Bob Diamond and his two replacements as head of the investment banking arm were paid 28 million pounds ($45 million) last year, with the trio also receiving shares worth 40 million pounds for past performance.
Barclay’s boss pockets £6.5-million bonus
Despite massive public indignation over bankers bonuses, the chief executive of Barclays plc (NYSE: BLS) will receive a £6.5-million bonus, according to reports, making him the highest paid bank boss in Britain.
Barclays CEO Bob Diamond gets $10.6 million bonus
Bob Diamond, the new chief executive of British bank Barclays Plc, was paid a bonus of 6.5 million pounds ($10.6 million) for last year and received a similar amount in shares under a long-term plan.
Kenya's StanChart FY pretax profit up 14 pct
Standard Chartered Bank Kenya joined other banks that experienced high growth in 2010 by posting a 14 percent rise in 2010 pretax profit on increases in income and customer deposits on Monday.
Investing in Gold: The Essential Safe Haven Investment for Every Portfolio (Book)
As many investors know, gold is a safe-haven asset that can actually increase in value during stock market slides and times of recession. But what else do you really know about this commodity? Are you taking full advantage of it? Do you know how to work it into your overall investment strategy?
World Market Overview 04/03/2011
U.S. stocks rallied on Thursday as stronger than expected initial jobless claims data and an easing of oil prices after reports of a possible peace deal in Libya buoyed sentiment.
World Market update 03/03/2011
Futures on major U.S. indices point to a higher opening on Thursday ahead of economic data including key weekly jobless claims and non-farm productivity.
Zimbabwe's Mugabe takes fresh shots at foreign firms
Zimbabwe's President Robert Mugabe threatened on Wednesday a state-backed take-over of foreign firms and a boycott of products to retaliate against Western sanctions placed on him and his ZANU-PF party.
Even banks now recognize that Silver is scarce, poised to rise
The silver market has greeted the revival of forward sales by miners with sanguinity as prices sit at 31-year highs, but other signals suggest supply may really be scarce and investors are poised for more price gains.
Three Possible Surprises At Apple's iPad 2 Event
Apple will hold an event on Wednesday that is likely to be the unveiling of its much-anticipated iPad 2.
Pre-Market NASDAQ Movers (NVAX, SONS, SODA, AKRX, AONE, CEDC, YRCW, AVGO, EXLP, PTNR)
The top pre-market NASDAQ stock market gainers are: Novavax, Sonus Networks, SodaStream International, Akorn, and A123 Systems. The top pre-market NASDAQ stock market losers are: Central European Distribution, YRC Worldwide, Avago Technologies, Exterran Partners, and Partner Communications.
Post-Market NASDAQ Movers (NVAX, SONS, SUPG, GTEC, SPMD, YRCW, HTCO, SMSI, EXLP, VVUS)
The top after-market NASDAQ stock market gainers are: Novavax, Sonus Networks, SuperGen, Global Defense Technology & Systems, and SuperMedia. The top after-market NASDAQ stock market losers are: YRC Worldwide, Hickory Tech, Smith Micro Software, Exterran Partners, and VIVUS.
Bernanke to tread cautiously before Congress
Federal Reserve Chairman Ben Bernanke will likely remain skeptical about the strength of the economic recovery in testimony on Tuesday, despite recent data pointing to improvement, signaling the central bank is unlikely to cut short its $600 billion stimulus plan.
Barclays raises S&P 500 index 2011 target
Barclays Capital said it is more constructive about U.S. corporate earnings for 2011, citing increased confidence in financial sector margins and lower economic uncertainty, and raised its full-year price target for the S&P 500 index <.SPX> to 1,450 from 1,420.
HSBC cuts financial targets as capital rules bite
HSBC cut its profitability targets due to the cost of tougher banking regulations, joining rivals such as Barclays, and disappointed investors with below forecast 2010 earnings.
Hutchison unit sets price range for $5.8 billion IPO
Hutchison Whampoa's ports unit is looking to raise as much as $5.8 billion in an initial public offering (IPO) in Singapore, allowing investors to tap into China's booming infrastructure business.
World Market Overview 25/02/2011
Asian stock markets advanced for the first time in five days on Friday as oil prices fell below $100 a barrel on easing concern about supply disruptions.
World Market Overview Feb 25
U.S. stock markets ended mixed in a volatile session on Thursday as oil prices eased and encouraging job data helped the market to stabilize in the final hours.
Apple iPad 2 to weigh heavily on Motorola Xoom in 2011
Motorola Xoom is making its debut today at Verizon Wireless stores. Many analysts hail the tablet to be first real competitor against Apple iPad. But iPad 2 unveiling which is expected to take place on March 2 can spoil Motorola Xoom dream debut if the analyst predictions come true.
Libyan turmoil driving crude prices ever higher
Oil prices continue to rise amidst fears that violent unrest in Libya will not only cut off supplies from that nation, but perhaps spread to other, larger oil producers, including Saudi Arabia.
iPad 2 May Repeat Success Of iPad With New Features
Apple Inc., which revolutionized the tablet market with its launch of iPad in April 2010, will be reportedly launching its new iPad 2 at an event in San Francisco, California on March 2 with a launch date on early April.