8.45 -0.04 (-0.47%)
After hours: 4:43PM EDT
|Bid||8.45 x 3000|
|Ask||8.61 x 36100|
|Day's Range||8.47 - 8.61|
|52 Week Range||8.47 - 12.55|
|Beta (3Y Monthly)||0.56|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.26 (3.00%)|
|1y Target Est||11.39|
On September 4, 2018, Barclays Bank PLC (“Barclays”) had announced that the NASDAQ exchange (the “Exchange”) notified Barclays that the listing of the iPath® US Treasury Long Bond Bull ETN (the “ETNs”) (DLBL) no longer met certain criteria of the Exchange. Specifically, the Exchange had determined that the ETNs had an aggregate market value of less than $4,000,000, which is required for continued listing. The index underlying the ETNs is the Barclays Long Bond US Treasury Futures Targeted Exposure Index™.
The fourth report in Barclays’ Impact Series finds that tilting portfolios in favor of high ESG bonds can generate positive returns across multiple markets, geographies and sectors. Barclays today released a new Impact Series study, entitled The case for sustainable bond investing strengthens, which adds nearly two years of data to its research into the relationship between Environmental, Social and Governance (ESG) investing and bond portfolio performance from 2016. The follow-up report provides a deeper insight into the original findings by looking at the relationship between ESG factors and their influence on credit portfolio performance.
Moody's Investors Service ("Moody's") has determined that the execution of the deed of undertaking (the "Deed") by Barclays Bank PLC (the "Swap Counterparty") relating to its swap agreement (the "Swap Agreement") would not, in and of itself and as of this time, result in the downgrade or withdrawal of the current ratings of the notes (the "Notes"). This resulted in a "ratings event" under the Swap Agreement. The Swap Agreement contemplates several alternative remedial actions, which the Swap Counterparty may take following a ratings event.
Moody's Investors Service ("Moody's") has today assigned definitive long-term credit ratings to the following Notes to be issued by Dilosk RMBS No.2 DAC: ....EUR Class A Residential Mortgage ...
The Serious Fraud Office is pressing its case for criminal charges to be reinstated against Barclays in the High Court over its £11.8bn emergency fundraising at the height of the financial crisis.
Highlights for the week ended Oct. 19:A majority of Fed officials favor an eventual and temporary move for interest rates to above the level they deem neutral for the economy in the long run, according to the minutes of the Sept 25-26 policy meetingTrump threatened to impose another round of tariffs on China and warned that Chinese meddling in U.S. politics is a “bigger problem” than Russian involvement in the 2016 electionThe U.S. Treasury Department stopped short of declaring China a currency manipulator in its semi-annual report on exchange rates, averting an escalation in the trade war, while serving notice that the U.S. will closely watch the yuan after its recent slide. No major trade partner was designated a manipulatorThe Turkish lira was the biggest EM gainer for a second week amid expectations Turkey and the U.S. will patch up their diplomatic spat U.S. Secretary of State Michael Pompeo signaled that some sanctions imposed on Turkey over the detention of pastor Andrew Brunson could be eased now that the American has been freedTrump said it’s a concern that Saudi Arabian officials haven’t specified the location of the body of columnist Jamal Khashoggi.
Starting Monday, the High Court in London will hear four days of arguments on whether the Serious Fraud Office has a valid indictment against both the bank’s holding and operating companies. The British prosecutor on Monday will ask the High Court to reinstate all of the charges against both companies that a lower court had dismissed in May. Judges dismissed two charges of “conspiring with certain former senior officers and employees of Barclays to commit fraud,” Barclays said in May. The court also tossed out two charges of unlawful financial assistance, one against the bank and another against its holding company, in relation to a $3 billion loan provided to Qatar at the time.
The 10-year Treasury rate, currently around 3.19 percent and close to the seven-year high it reached earlier this month, will be back below 3 percent in the not-to-distant future, according to the head of global bonds at PGIM Fixed Income, which oversees about $716 billion of assets. Central to Tipp’s stance is the sheer weight of global savings set to pressure yields lower, rather than any particularly gloomy outlook for growth. “Looking out a couple of years, I think the 10-year will probably be down around 2.5 percent,” said Tipp, who is based in Newark, New Jersey.
Moody's Investors Service ("Moody's") has today assigned provisional long-term credit ratings to the following Notes to be issued by Dublin Bay Securities 2018-MA1 DAC: ....EUR Class S Residential ...
Barclays PLC said on Friday it had hired an investment banker from Deutsche Bank AG, Ed Wehle, to focus on technology services deals based in New York. Wehle, who is a managing director, will become head of global technology services banking and report to Barclays co-heads of technology banking in the Americas, Greg Dalvito and Laurence Braham, Barclays said in a statement.
Barclays announces the appointment of Ed Wehle as Managing Director and Head of Global Technology Services Banking. Mr. Wehle will be based in New York, and will report to Greg Dalvito and Laurence Braham, Co-Heads of Technology Banking, Americas at Barclays. Mr. Wehle joins Barclays with close to 25 years of experience in banking, most recently as Head of Global Technology Services at Deutsche Bank.
ASSIGNMENTS: Custodial Receipts (Deutsche Bank), Custodial Receipts US$ 20.08M 5.75% Ser. 2018-XF1076 due 2049 ...A3 (Deutsche Bank AG/ Letter of Credit - Standby) Custodial Receipts (JPMorgan), Custodial ...
Japan’s exports fell for the first time in close to two years in September, with shipments to major trading partners including both the US and China contracting as the Trump administration pushed for Tokyo to enter bilateral trade negotiations.
Barclays Bank PLC announced today that it plans to amend the tickers for 17 existing Commodity ETNs listed in the table below . All of the Commodity ETNs are listed on the NYSE Arca exchange.
Moody's Investors Service (Moody's) has assigned the following ratings to the below RIB Floater Trusts. • Aa3/VMIG 1 to the RIB Floater Trust (Barclays Liquidity), Floating Rate Trust Receipts (FLOATER-TRs), ...
In the third quarter, 22 analysts are covering PPG Industries (PPG)—compared to 24 analysts in the previous quarter. Among the 22 analysts, 36% recommended a “buy,” while 64% recommended a “hold.” None of the analysts recommended a “sell.”
fell by an unexpectedly large 5.3 per cent last month, while building permits and completions also dropped, hitting shares of US homebuilders. The dollar index extended an early rise to stand 0.6 per cent higher at 95.58, pushing it back towards a seven-week high hit last week.
The rundown: Bitcoin and all major currencies were up in the morning; Epoch Partners announces the world’s first cryptocurrency IPO; the automotive blockchain market will reach $5.29 billion by 2030 says a new report; Unocoin officially announces plans for crypto ATMs in India; Hong Kong is planning to regulate cryptocurrency trading platforms; Barclays (NYSE:BCS) has […] The post Bitcoin News Crypto Currency Daily Roundup October 15 appeared first on Market Exclusive.
Late on Friday, S&P lifted Poland to A-, the fourth-lowest investment grade, citing a “strong track record of balanced economic growth and fiscal prudence.” The same ratings company handed Poland its only downgrade in 2016 as the then new government grabbed power from independent institutions, an issue which has since fueled an unprecedented conflict between Poland and the European Union over the judiciary. S&P’s reassessment nearly three years after it cut is set to refocus investors on Poland’s strong economy and fiscal discipline at a time when risks from global trade to rising U.S. interest rates erode sentiment toward emerging markets.
Oil prices may have closed the week lower on bearish news, but the continuation of the Iran saga continues to create uncertainty in the markets
Barclays Plc is launching a retail account that will offer U.S. consumers a low-cost, digital-only bank with the backing of a major financial institution, the Financial Times reported on Sunday. The move will put the London-based bank in competition with Goldman Sachs Group Inc's new Marcus Brand in the digital banking space, the newspaper reported.
Barclays Plc (BARC.L) is launching a retail account that will offer U.S. consumers a low-cost, digital-only bank with the backing of a major financial institution, the Financial Times reported on Sunday. The move will put the London-based bank in competition with Goldman Sachs Group Inc's (GS.N) new Marcus Brand in the digital banking space, the newspaper reported.
is launching a US current account that will put the British bank in competition with Goldman Sachs’ Marcus for customers who want the low costs of a digital-only bank and the security of dealing with a major financial institution. “The more aspects of the relationship a customer has with us, the happier we are,” Mr Rodrigues told the Financial Times.
ASSIGNMENTS: Barclays Taxable Muni. Fund (Muni. Deriv), Taxable Municipal Funding Trust, Series 2018-004 Notes US$ 70.17M Ser. 2018-004 due 2019 ...MIG 1/VMIG 1 (Barclays Bank PLC/ Letter of Credit - Direct ...