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The Latest Breaking News from Barclays

Benzinga Before The Bell: Tesla's AI Exec Quits, Hyundai Unveils Ioniq 6 EV, Taiwan Semiconductor's Massive Q2 Profit Surge And Other Top Financial Stories Thursday, July 14

CNBC United Airlines, Pilots’ Union To Improve Agreement By Renegotiating

Benzinga

Bank of Scotland, HSBC, Lloyds and more closing 90 bank branches - see full list

Banks say online banking has become more favourable with customers than in-person branches.

Daily Record

Almost 100 bank branches to close by end of August - including in North East

Numerous towns up and down the UK are set to be impacted by the closures - full list

Chronicle Live

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Barclays, HSBC, Lloyds and more closing 90 bank branches in WEEKS - see full list

The UK is losing high street banks at an alarming rate, with dozens of Barclays, Lloyds, HSBC, Bank of Scotland, Halifax and Nationwide outlets set to close within just a few weeks

Daily Mirror

Why did Barclays revoke my unused overdraft?

It told me it would have a negative impact on my credit rating

The Guardian - UK

Benzinga's Top Ratings Upgrades, Downgrades For July 6, 2022

Upgrades

Benzinga

Barclays Cuts Price Target For Avis Budget & Hertz Global - Read Why

Barclays analyst Brian Johnson lowered the price target for Avis Budget Group Inc (NASDAQ:CAR) to $158 (1.7% upside) from $223 while maintaining the Equal Weight rating on the shares. The analyst reduced the price target on Hertz Global Holdings Inc (NASDAQ:HTZ) to $21 (28% upside) from $23 while maintaining the Over Weight rating on the shares. Johnson points out…

Benzinga

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What's Going On With Meta Platforms Stock Today?

Meta Platforms Inc (NASDAQ: META) shares are trading higher Tuesday. What's going on? Barclays analyst Amos Fletcher maintained Meta with an Overweight rating and lowered the price target from $370 to $280.

Benzinga

Barclays Maintains Overweight Rating for Ligand Pharmaceuticals: Here's What You Need To Know

Barclays has decided to maintain its Overweight rating of Ligand Pharmaceuticals (NASDAQ:LGND) and lower its price target from $165.00 to $157.00. Shares of Ligand Pharmaceuticals are trading up 1.79% over the last 24 hours, at $92.20 per share.

Benzinga

Barclays Sees TikTok, Apple Stealing Digital Ad Mojo Of Google, Facebook, Amazon In 2022 - Read How

Barclays analyst Ross Sandler acknowledged that investors were "rightfully wary" about the trajectory of digital advertising growth in 2022, especially into Q2 earnings.

Benzinga

Former city centre bank to be transformed into restaurant

The former Barclays Bank in Allerton was also given refurbishment green light

Liverpool Echo

Pride in Liverpool to change marching route and move site after safety concerns

This year's free festival will move from its usual site on Tithebarn Street

Liverpool Echo

CCTV appeal after man 'forcibly grabbed woman's bottom' in bar

The sexual assault is under investigation

Manchester Evening News

Cost-of-living crisis and staff shortages threaten South West hospitality rebound, report warns

The study from Barclays Corporate Banking said a potentially multi-billion pound recovery for the region’s embattled sector could be supressed

Birmingham Post

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Wales Online

Thousands of Barclays staff getting £1,200 pay rise to help with cost of living

The salary hike will take effect later this summer

Evening Standard

Barclays gives 35,000 staff a £1200 pay boost to help with cost of living

Barclays is to give 35,000 UK staff a £1,200 pay rise in August to help them cope with the soaring cost of living.

Benzinga

Amazon To $140? Here's The Biggest Price Target Changes For Wednesday

Barclays cut NIKE, Inc. (NYSE: NKE) price target from $140 to $125. Nike shares fell 0.6% to $102.17 in pre-market trading.

The Guardian - UK

‘The man who bought London’: Qatar billionaire behind Prince Charles scandal

Former PM of Qatar was one of Time’s ‘most influential people’ and named in both Panama and Pandora Papers

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news in one place.

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Benzinga

Read How Analysts Reacted To Darden Restaurants' Q4 Results

Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE:DRI) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst noted that FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41…

The Guardian - UK

Banks and UK supermarkets accused of backing deforestation in Brazil

By funding and stocking products from Brazilian meat giant JBS, firms have also supported land-grabbing, investigation claims

Benzinga

Peering Into Barclays's Recent Short Interest

Barclays's (NYSE:BCS) short percent of float has fallen 29.51% since its last report. The company recently reported that it has 18.09 million shares sold short, which is 0.43% of all regular shares that are available for trading.

Benzinga

Barclays Maintains Overweight Rating for MSCI: Here's What You Need To Know

Barclays has decided to maintain its Overweight rating of MSCI (NYSE:MSCI) and lower its price target from $570.00 to $470.00. Shares of MSCI are trading up 2.8% over the last 24 hours, at $428.39 per share. A move to $470.00 would account for a 9.71% increase from the current share…

Benzinga

Benzinga Before The Bell: Gun Safety Bill. Bill Gates North Dakota Outrage, Sanofi-GSK's Covid-19 Vaccine's Omicron Efficacy And Other Top Financial Stories Friday, June 24

Reuters

Benzinga

Barclays Deepens Hosuing Market Share By Acquiring Mortgage Lender Kensington For ~$2.8B

Barclays PLC (NYSE:BCS) extends its reach in Britain's housing market with the acquisition of specialist lender Kensington Mortgage Company for 2.3 billion pounds ($2.8 billion), reported Reuters. Kensington is being sold by its private equity owners, Blackstone Inc (NYSE: BX) and Sixth Street. The deal would be funded from existing resources and reduce its core capital ratio…

The Guardian - UK

Barclays to buy Kensington Mortgages as interest rates rise

Acquisition comes at a time of intense competition in the mortgage market

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