barclays will ge coming out with trading update on 07.05.2009 It is expected to report profits higher than market expectations.

A good Buy Medium to Long term

The stock market gave a warm reaction to Barclays' first-half results on Wednesday, with analysts upbeat about the bank's better-than-expected results.

Numis Securities reiterated a 'buy' recommendation for the stock, saying that "Investment Bank revenues were better than feared, the balance sheet is strengthening and the non-core run-off is progressing well".Espirito Santo, Deutsche Bank and Santander also kept their 'buy' ratings for Barclays.

Topped up with some of these at 212p.... lookin good.,.

StockMarketWire.com

Barclays Bank has agreed to sell its retail banking, wealth and investment management and corporate banking businesses in Spain to CaixaBank SA. And Barclays has completed the sale of its UAE Retail Banking business to Abu Dhabi Islamic Bank.

CaixaBank will acquire Barclays Bank SAU and certain subsidiaries, which represent total assets of €22.2bn and liabilities of €20.5bn as at 30 June 2014, for a consideration of €800m (approximately £630m), payable in cash upon completion and subject to adjustment based on the statutory Net Asset Value as at 31 December 2014.

Barclays has also completed the sale of its UAE Retail Banking business to Abu Dhabi Islamic Bank at an estimated pre-tax gain of £119m.

Deutsche Bank Buy 226.20 226.25 285.00 300.00 Retains

Excelent Set Up developing at BARC Barclays, see chart. Only decision is do I go in now or after Scot Decision?

http://uk.communifin.com/group/barclays/post/1641.htm

good little article and assessment .... many thanks

Had some more of these at 212p glad I took the chance and hope we go on up.,.

.

Interim Management Statement

Having a go at 250p again, wonder if it can punch through and hold.,.

Hope so.

I hold too many of these for too long but have 340p marked in for it.
Like to see a little more volume.

Final Results

StockMarketWire.com
Barclays' statutory profit before tax decreased 26% to £1,337m in the first quarter which reflected adjusting items of a net loss of £511m (Q114: net gain of £119m).

Group adjusted profit before tax increased 9% to £1,848m as core adjusted profit before tax increased 14% to £2,104m. This was partially offset by an increase in non-core loss before tax to £256m (Q114: £154m).

Total adjusted operating expenses decreased 7% to £4,124m, driven by a 49% reduction in Non-Core operating expenses to £239m and a reduction in Core costs to achieve Transform to £109m (Q114: £216m).

Core income increased 2% to £6,420m, while Core operating expenses were down 2% to £3,885m. Core return on average equity increased to 10.9% (Q114: 10.7%), absorbing an increase in average allocated equity of £7bn to £47bn.

Group chief executive Antony Jenkins said: "This performance represents another quarter of continued delivery, with further progress towards becoming the Go-To Bank. "Our Core business, the future of Barclays, generated an adjusted PBT of £2.1bn, up 14% and representing our best quarterly performance in several years. Return on average equity was close to 11%, while return on average tangible equity was above 13%. Personal and Corporate Banking had another good quarter of profit growth, Africa Banking profits were also up considerably and Barclaycard maintained very good returns as we invested for growth in the business. The Investment Bank had a good Q1, with PBT up 37%, representing a performance which is more indicative of the potential of the franchise following the repositioning undertaken last year. "Adjusted PBT for the Group increased by 9%, and our fully loaded CET1 ratio improved to 10.6%, in spite of the conduct provisions taken. Costs were down 7%, RWAs in Barclays Non-Core shrank by £10bn in the period, and we can see positive jaws across the Group. "This further demonstrates that the Transform strategy is working and, while there is more to do, the business is starting to realise its potential. "Resolving legacy conduct issues is also an important part of our plan to transform Barclays. We are working hard to expedite their settlement and have taken further provisions of £800m this quarter, primarily relating to Foreign Exchange. "While we still have much to do, I am pleased with how we've begun 2015."

29 Apr Numis 315.00 Buy
29 Apr Deutsche Bank 300.00 Buy
24 Apr Numis 315.00 Buy
23 Apr Deutsche Bank 290.00 Buy

fred - you'll be forced down the foodbank soon :-)

paid 258 date 25.3.15 not the best use of my money, a safe level,picture that's forming is 300p xmas 2015 ppi losses now over ect, 2bn already set aside s/p
flat will lift when over.

http://www.dailymail.co.uk/news/article-3092054/Mac-Hatton-Garden-heist-Barclays-Libor-rigging-scandal.html

YUM!

Barclays sacks chief executive Antony Jenkins.....................

excellent
http://www.bbc.co.uk/news/business-33533664