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The Latest Breaking News from Barclays

Trex's Price Target Cut By Several Analysts After Q2 Results

Barclays analyst Matthew Bouley lowered the price target for Trex Company Inc (NYSE:TREX) to $53 (a downside of 2.7%) from $63 while maintaining the Equal Weight ratings on the shares. The analyst stated that while de-stocking was anticipated by investors following AZEK Company Inc. (NYSE:AZEK) report, the magnitude of the impact on TREX's sales in 2022 with subsequent gross…

Benzinga

Barclays announce more branches will close forever to customers

By the end of the year Barclays will have closed 170 sites

Liverpool Echo

Check Out What Whales Are Doing With Thermo Fisher Scientific

Someone with a lot of money to spend has taken a bearish stance on Thermo Fisher Scientific (NYSE:TMO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

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Western Digital Price Target Cut By Analysts Post Q4 Beat

Western Digital Corp (NASDAQ:WDC) clocked 8% year-on-year revenue growth to $4.53 billion in Q4, beating the consensus of $4.49 billion. Non-GAAP EPS of $1.78 beat the consensus of $1.68. Barclays analyst Tom O'Malley had an Equal Weight and $55 price target. The market expected a reset, but the depths of decline and the exclusion…

Benzinga

Check Out What Whales Are Doing With Apple

A whale with a lot of money to spend has taken a noticeably bearish stance on Apple. Looking at options history for Apple (NASDAQ:AAPL) we detected 65 strange trades.

Benzinga

Santander and Barclays become first banks to hike mortgages after interest rates rise

Santander was the first high street bank to confirm its SVR mortgage rates are rising, with its rate increasing by 0.50% to 5.99% from the beginning of September

Daily Mirror

EBay "Thesis Not Changing" Analysts Say After Strong Guidance, Mixed Earnings

Analysts are sizing up the second-quarter financial report from marketplace and auction company eBay Inc (NASDAQ: EBAY), which reported results Wednesday after market close. The eBay Analysts: Needham analyst Anna Andreeva had a Hold rating and no price target.

Benzinga

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Why do UK banks seem so optimistic despite the cost of living crisis?

Analysis: High street lenders have shrugged off their concerns, announcing payouts for investors

The Guardian - UK

HSBC follows Lloyds and Barclays and is giving some staff members £1,500

The cost of living payment comes at a time when bills are skyrocketing for UK households

Manchester Evening News

Recruiter for Mastercard, Barclays and On The Beach to relocate city centre headquarters

Maxwell Bond is to move to the Tootal Buildings in the autumn

Birmingham Post

Looking At Apple's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish stance on Apple (NASDAQ:AAPL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For August 1, 2022

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Benzinga

HSBC to give £1,500 cost of living bonus to lowest-paid workers to help with rising bills

The bank has joined a list of businesses that are offering one-off bonuses to help support their staff during the cost of living crisis as inflation hits 40-year record highs

Daily Mirror

From pay rises to bonuses - businesses 'going extra mile' to help during cost of living

A survey of 500 medium-sized businesses found many are offering financial support packages to support staff during the cost-of-living-crisis and to retain employees

Daily Mirror

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Daily Mirror

Barclays to shut another 10 bank branches this year - see full list of closures

The latest round of closures from Barclays will take place in October and November this year - it takes the total number of Barclays banks shutting this year to 142

Bangkok Post

Thai baht soars 1% on rate hike drum roll

The baht appreciated more than 1% on Monday, logging a strong start to the month which is expected to see the country finally join its regional and global peers in normalising its pandemic-era stimulus policy as the economy gains traction.

Wales Online

Closure of town's Barclays bank means it's a 70-mile round trip to nearest branch

The banking giant said that there had been a 48% reduction in counter transactions at the Dolgellau branch and there were only 22 regular customers

The Guardian - UK

Barclays profits almost halved to £1.5bn after US trading blunder

Chief executive announces external review into mistake and says appropriate action will be taken

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The Independent UK

Banks far from hitting Paris climate targets, groups warn

Many of the world's biggest banks are falling far short of aligning their practices with the Paris Agreement goal of limiting the Earth's warming to 1.5 degrees Celsius above pre-industrial levels, a new report warns

The Independent UK

NatWest and Nationwide ‘make strongest gains among current account switchers’

Nearly two-thirds of current account switchers in the past year used the Current Account Switch Service.

Birmingham Post

Cost of Living: List of firms helping staff with bonus payments

A growing band of firms from banks to law firms are helping put staff with one-off payments to help them meet rising costs - we take a look at what's on offer

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 25, 2022

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Liverpool Echo

Customer warning as Lloyds, Natwest, HSBC, Barclays, Metro Bank breach regulations

The Competition and Markets Authority (CMA) said Lloyds, NatWest, HSBC, Barclays, Metro Bank and Bank of Ireland all breached regulations

Benzinga

Analysts Remain Cautious Over SAP Post Q2 Results

Analysts remained divided with a cautious tone over SAP SE's (NYSE:SAP) prospects post Q2 results. Barclays analyst Raimo Lenschow saw SAP managing expectations into Q2, and the move lower in consensus halved the adj. EBIT miss. He found the FY guidance cut was unexpected, though, especially following reiterations in the quarter, and could not…

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 22, 2022

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