Barclays PLC Sponsored ADR Stock News

TULSA, Okla.--(BUSINESS WIRE)--Williams CEO to Speak at Barclays Conference.

Almost all of the 417 constituents of the MSCI Europe index of larger companies have reported so far in this earnings season (97% to be precise), and most of those that beat market expectations saw their shares rewarded with a good jump.  Not all of them, however.

The U.S. dollar may remain under pressure in the short term, but an extended decline is unlikely given structural support and because the market is already “max bearish,” according to Barclays.

Three of the UK's largest banks have cut mortgage rates again as the battle for customers in recovering housing steps up a gear. Spanish-owned TSB has cut 0.25 of its two, three and five-year deals from tomorrow, both for existing homeowners and first buyers.

Barclays PLC (LSE:BARC) is to continue to broker Israeli government bond auctions but has considered pulling out after pressure from pro-Palestinian lobby groups, a report in the FT claimed. The bank said it was "preparing a response" for Israel's latest request for bids on its next bond sale, with the source adding "That response is due next week.

Barclays drew up plans to pull out of future Israeli government bond auctions as it reviewed its exposure to the country under pressure from pro-Palestinian activists, The Financial Times reported on Wednesday, citing people familiar with the matter.

Barclays PLC (LSE:BARC) and Amazon.com Inc (NASDAQ:AMZN) have teamed up to create a new credit card which allows customers to receive gift vouchers in return for spending. Some of the largest rewards available come from purchasing products from the Amazon marketplace, with the cashback value available to be viewed via the Barclaycard app.

Barclays reported a solid set of 2Q24 numbers, upgrading FY24E net interest income guidance and announcing a further £750m share buyback. Management is happy with the early progress towards the FY26 financial targets announced earlier this year. Consensus forecasts for FY26E imply significant share price upside, but should be taken with a healthy pinch of salt.