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The Latest Breaking News from Barclays

Barclays pulls financial safety net as cost of living crisis bites

Current account holders are being told their arranged overdraft facility will be withdrawn

The Guardian - UK

Couple's dream kitchen turns into 'nightmare' after months without working oven

Barry and Jane Sanderson feel misled by DIY firm Wickes, and say they've been told because a sink and hob have been installed it is technically a "working kitchen"

Daily Mirror

Newcastle couple's dream kitchen turns into 'nightmare' after being left months without oven

Wickes customers tell of their anger after 'mix-up' with worktops leads to six-month delay to finish their dream kitchen

Chronicle Live

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Check Out What Whales Are Doing With Illumina

Someone with a lot of money to spend has taken a bullish stance on Illumina (NASDAQ:ILMN). 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

Businesses failing to consider cost of living payments

ONS figures confirm SMEs have harder time freeing up one-off cash to back up employees

Evening Standard

Man scammed after buying three-bedroom holiday home in Bulgaria on eBay

He has lost thousands of pounds

Wales Online

Dad of 4 thousands out of pocket after he's scammed by fake eBay holiday home in Bulgaria

David, 58, has been left feeling 'like an idiot' after spending £7,000 on a holiday home in Bulgaria, only to be told the scammer does not even own the home herself

Daily Mirror

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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

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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The Guardian - UK

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

Manchester Evening News

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

Birmingham Post

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

Benzinga

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.

Get all your
news in one place.

100's of premium titles.
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Benzinga

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

Upgrades

Daily Mirror

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

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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