Barclays Stock News

More Senior Bankers Implicated In Leaks About Federal "Block Trading" Probe Following reports earlier this week that several big-name short sellers had their offices raided by federal agents as part of an SEC/DoJ investigation into "spoofing,""scalping" and illegal short-selling, more senior bankers are being outed as targets in the other ongoing SEC/DoJ probe targeting big name banks and hedge funds: that is, the investigation into "block trading" which - as it turns out - does involve the market-moving block trades that resulted from the Archegos collapse. A team of Bloomberg reporters revealed on Friday that in addition to Morgan Stanley executive Pawan Passi, a number of other senior bankers who were found to be among Passi''s "frequent contacts" are also having their communications examined with a fine-toothed comb by a team of federal investigators. They include the following: The list of people whose communications are being sought ranges from executives at prominent Wall Street hedge funds, such as Andrew Liebeskind at Citadel’s Surveyor Capital and Jon Dorfman at Element Capital Management, to money managers at smaller firms focusing on block trades, including executives at CaaS Capital Management and Islet Management, and a former employee at Segantii Capital Management, the people said.

US stocks traded lower on Friday after recording sharp losses on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase shares, it indicates their confidence in the company''s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga''s insider transactions platform. Kodiak Sciences The Trade: Kodiak Sciences Inc. (NASDAQ: KOD ) Director Felix Baker acquired a total of 400,965 shares at an average price of $54.45. To acquire these shares, it cost around $21.83 million. What’s Happening: Barclays … Full story available on Benzinga.com

After a long-standing litigation with Barclays (BCS), the Newham Council finally secured a multimillion pound deal that expands its budget for Newham residents, according to a…

A bumper profit haul is expected when lending giants Barclays and Lloyds Banking Group report their annual figures, with big bonuses set to make a come back as the sector rebounds from the pandemic.

Derwent London Plc with ticker (LON:DLN) now has a potential downside of -20.7% according to Barclays. [stock_market_widget type="chart" template="basic" color="green" assets="DLN.L" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] Barclays set a target price of 2,700 GBX for the company, which when compared to the Derwent London Plc share price of 3,259 GBX at opening today (18/02/2022) indicates a potential downside of -20.7%. Trading has ranged between 3,098 (52 week low) and 3,850 (52 week high) with an average of 238,483 shares exchanging hands daily. The market capitalisation at the time of writing is £3,645,654,165. Derwent London plc is a United Kingdom-based real estate investment trust (REIT) operating in central London region. The Company owns and manages a portfolio of approximately 5.7 million square feet of commercial real estate, predominantly in central London. The Company''s property portfolio includes investment property, owner-occupied property and trading property.

Dublin, Feb. 18, 2022 (GLOBE NEWSWIRE) -- The "United Kingdom Buy Now Pay Later Business and Investment Opportunities - 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Market Share, Retail Product Dynamics, and Consumer Demographics - Q1 2022 Update" report has been added to ResearchAndMarkets.com''s offering. According to the Q4 2021 BNPL Survey, BNPL payments in the United Kingdom are expected to grow by 50.5% on annual basis to reach US$ 29906.2 million in 2022. Medium to long term growth story of BNPL industry in the United Kingdom remains strong. The BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 24.5% during 2022-2028. The BNPL Gross Merchandise Value in the country will increase from US$ 19866.2 million in 2021 to reach US$ 111545.3 million by 2028. In the United Kingdom, the buy now, pay later (BNPL) payment method has increased substantially since the onset of the pandemic. Besides pureplay BNPL providers such as Klarna and Afterpay, leading retailers and banks were also introduced BNPL products to expand their market share.

Bytes Technology Group PLC with ticker (LON:BYIT) now has a potential upside of 30.7% according to Barclays. [stock_market_widget type="chart" template="basic" color="green" assets="BYIT.L" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] Barclays set a target price of 640 GBX for the company, which when compared to the Bytes Technology Group PLC share price of 444 GBX at opening today (18/02/2022) indicates a potential upside of 30.7%. Trading has ranged between 372 (52 week low) and 589 (52 week high) with an average of 748,993 shares exchanging hands daily. The market capitalisation at the time of writing is £1,112,634,780. Bytes Technology Group PLC is a United Kingdom-based company that provides information technology (IT) software offerings and solutions, with a focus on cloud and security products. The Company enables technology sourcing, adoption, and management across software services, including in the areas of security and cloud. Its portfolio of services includes cloud, security, licensing, storage, virtualization and managed services.

SEGRO plc with ticker (LON:SGRO) now has a potential upside of 5.2% according to Barclays. [stock_market_widget type="chart" template="basic" color="green" assets="SGRO.L" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] Barclays set a target price of 1,445 GBX for the company, which when compared to the SEGRO plc share price of 1,370 GBX at opening today (18/02/2022) indicates a potential upside of 5.2%. Trading has ranged between 870 (52 week low) and 1,508 (52 week high) with an average of 2,625,620 shares exchanging hands daily. The market capitalisation at the time of writing is £15,522,478,979. SEGRO plc is a United Kingdom-based real estate investment trust. The Company owns, develops and manages warehouse properties in the United Kingdom and Continental Europe. Its segments include Greater London, Thames Valley, National Logistics, Northern Europe, Southern Europe and Central Europe. The portfolio includes warehouses and light industrial buildings, including warehouses used as data centers and for logistics operations.

Currys PLC with ticker (LON:CURY) now has a potential upside of 16.7% according to Barclays. [stock_market_widget type="chart" template="basic" color="green" assets="CURY.L" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] Barclays set a target price of 120 GBX for the company, which when compared to the Currys PLC share price of 100 GBX at opening today (18/02/2022) indicates a potential upside of 16.7%. Trading has ranged between 94 (52 week low) and 159 (52 week high) with an average of 4,366,266 shares exchanging hands daily. The market capitalisation at the time of writing is £1,144,115,292. Currys plc is a United Kingdom-based company, which retails technology products and services. The Company is engaged in the sale of consumer electronics and mobile technology products and services, primarily through stores or online channels. The Company is operating approximately 832 stores. In the United Kingdom (UK) and Ireland, the Company trade as Currys; in the Nordics under the Elkjop brand and as Kotsovolos in Greece.

Reckitt Benckiser Group Plc with ticker (LON:RKT) now has a potential upside of 28.4% according to Barclays. [stock_market_widget type="chart" template="basic" color="green" assets="RKT.L" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] Barclays set a target price of 8,800 GBX for the company, which when compared to the Reckitt Benckiser Group Plc share price of 6,297 GBX at opening today (18/02/2022) indicates a potential upside of 28.4%. Trading has ranged between 5,367 (52 week low) and 6,816 (52 week high) with an average of 1,576,723 shares exchanging hands daily. The market capitalisation at the time of writing is £41,487,860,000. Reckitt Benckiser Group plc (Reckitt ) is a global consumer goods company. The Company''s operating segments comprise of the Hygiene, Health and Nutrition business. Hygiene portfolio works to eliminate dirt, germs, pests and odors with products such as Lysol, Finish, Mortein and AirWick. The Company''s Health portfolio brings compelling solutions that provide pain relief, protection, hygiene, and personal care to households across the world, through brands like Dettol, Durex, Gaviscon, Nurofen, Mucinex, Strepsils and Veet.

Capital & Counties Properties PLC with ticker (LON:CAPC) now has a potential downside of -8.3% according to Barclays. [stock_market_widget type="chart" template="basic" color="green" assets="CAPC.L" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] Barclays set a target price of 155 GBX for the company, which when compared to the Capital & Counties Properties PLC share price of 168 GBX at opening today (18/02/2022) indicates a potential downside of -8.3%. Trading has ranged between 154 (52 week low) and 188 (52 week high) with an average of 1,920,860 shares exchanging hands daily. The market capitalisation at the time of writing is £1,434,394,499. Capital & Counties Properties PLC is a United Kingdom-based property investment company. The Company''s principal activity is the development and management of property in central London. Its asset Covent Garden estate comprises of approximately 1.1 million square feet of lettable space. The Covent Garden estate is a retail and dining destination.

Relx PLC with ticker (LON:REL) now has a potential upside of 13.9% according to Barclays. [stock_market_widget type="chart" template="basic" color="green" assets="REL.L" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] Barclays set a target price of 2,605 GBX for the company, which when compared to the Relx PLC share price of 2,244 GBX at opening today (18/02/2022) indicates a potential upside of 13.9%. Trading has ranged between 1,683 (52 week low) and 2,451 (52 week high) with an average of 4,180,256 shares exchanging hands daily. The market capitalisation at the time of writing is £43,297,802,700. RELX PLC is a global provider of information-based analytics and decision tools for professional and business customers. The Company serves customers in approximately 180 countries and have offices in about 40 countries. It operates in four market segments: Scientific, Technical & Medical; Risk; Legal; and Exhibitions. The Company''s Scientific, Technical & Medical segment provides information and analytics that help institutions and professionals progress science, advance healthcare.

Compass Group plc with ticker (LON:CPG) now has a potential upside of 12.6% according to Barclays. [stock_market_widget type="chart" template="basic" color="green" assets="CPG.L" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] Barclays set a target price of 2,000 GBX for the company, which when compared to the Compass Group plc share price of 1,748 GBX at opening today (18/02/2022) indicates a potential upside of 12.6%. Trading has ranged between 1,392 (52 week low) and 1,823 (52 week high) with an average of 3,436,725 shares exchanging hands daily. The market capitalisation at the time of writing is £31,188,777,400. Compass Group PLC provides food and support services. The Company''s segments include North America, Europe and its Rest of World markets. The North America segment includes United States of America (USA) and Canada. The Europe segment includes United Kingdom, Finland and Rest of Europe. The Rest of World segment includes Japan. The Company delivers services in sectors, including business and industry; healthcare and seniors; education; defense, offshore and remote, and sports and leisure.

European banks "eliminating" carbon lent $38 billion to fossil fuels.

CHICAGO , Feb.17, 2022 /PRNewswire-PRWeb/ --North Square Investments announced today that its North Square Strategic Income Fund (ADVNX), subadvised by Red Cedar Investment Management, achieved a key milestone during the month of January, surpassing $100 million in assets. "Through demonstrating an ability to navigate across multiple market sectors and global regions, we believe that Red Cedar has developed a following among certain sophisticated investors who also recognize the firm''s particular experience with investing in preferred securities, which provides a certain degree of diversification to portfolios that investors might not get from more traditional fixed income investments," said North Square CEO and co-founder Mark Goodwin . "We believe our partners at Red Cedar are well positioned to help income-oriented investors address the challenges presented by the current rising interest rate environment," Goodwin said. "We are extremely pleased to be working in partnership with North Square," said John Cassady III , Chief Investment Officer of Red Cedar. "We believe that our distinct ability to invest across the capital structure of companies allows us to provide better risk-adjusted returns by targeting securities with lower correlation to the broader market.