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The Latest Breaking News from Barclays

Why Palo Alto Networks Shares Are Trading Higher Premarket

Analysts raised their price targets on Palo Alto Networks Inc (NASDAQ:PANW) following Q2 results. JPMorgan analyst Sterling Auty upgraded Palo to Neutral from Underweight with a PT of $620, up from $600 (30.4% upside). Palo Alto is one of the cybersecurity companies well-positioned to compete for the cloud security opportunity, Auty said. The analyst says the…

Benzinga

Bank of England boss on £575k wage defends comments that staff shouldn't get pay rises

Andrew Bailey, who earns more than £575,000 a year, came under fire recently for suggesting workers should not ask for big pay rises to help control soaring inflation

Daily Mirror

10 Biggest Price Target Changes For Wednesday

Barclays lowered Teladoc Health, Inc. (NYSE: TDOC) price target from $95 to $77. Teladoc Health shares dropped 2.3% to $63.81 in pre-market trading.

Benzinga

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Barclays freezes £22m bonuses of former boss amid probe into Epstein links

Barclays has suspended all of Jes Staley’s unvested long-term bonus share awards pending a regulatory investigation

The Independent UK

Barclays freezes former boss’s share bonuses amid Epstein links probe

Banking giant told city it had suspended former chief executive Jes Staley’s unvested long-term bonus share awards as investigation carried out into relationship with Jeffrey Epstein

Wales Online

Barclays freezes £22m worth of bonuses for ex-boss Staley amid Epstein inquiry

Bank also increases staff bonus pool by 17% to £1.3bn and reports pre-tax profits of £8.4bn

The Guardian - UK

FTSE 100 Live: Rio Tinto pays record dividend as Barclays returns £2.5 billion, oil price steady

Rio Tinto today declared a record dividend worth $16.8 billion (£12bn) as City investors get a slice of 2021's commodity price boom.

Evening Standard

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Barclays withholds bonus payments to Jes Staley as Epstein investigation continues

BARCLAYS is withholding bonus payments from Jes Staley, the chief executive who left last year amid an investigation into the details of his relationship with Jeffrey Epstein, the financier and convicted sex offender.

Evening Standard

Bank of England chief urges banks to show restraint on bonuses; global stocks recover – as it happened

Bank of England’s Bailey says sanctions pose no risk to UK’s financial sector, as foreign secretary talks about Britain’s plans to stop Russia selling sovereign debt in London

The Guardian - UK

Barclays freezes £22m share bonuses for former boss amid Epstein links probe

The banking giant has suspended all of Jes Staley’s unvested long-term bonus share awards pending a regulatory investigation.

The Independent UK

Barclays has revealed pre-tax profits soared to £8.4billion

Barclays also announced its first female finance director

Birmingham Post

Barclays poised to reveal what it paid Jes Staley as he left over Epstein scandal

Bank annual report out on Wednesday

Evening Standard

Why Intel Shares Are Trading Lower Today

Intel Corp (NASDAQ:INTC) shared its 2022 and long-term growth strategy at its investor meet. After attending Intel's analyst day, BofA analyst Vivek Arya said the company "laid out an ambitious plan" to drive double EPS growth through 2026. He expects bulls to focus on its commitment to process leadership, large and growing total addressable markets,…

Benzinga

Analysts Cut BJ's Restaurants Price Target Post Q4 Results

Barclays analyst Jeffrey Bernstein lowered the price target on BJ's Restaurants Inc (NASDAQ: BJRI) to $25 from $31 (23.6% downside) and kept an Underweight rating on the shares.

Benzinga

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The Guardian - UK

Standard Chartered bankers share $1.37bn bonus pot

Payout 38% up on 2020, with bonus pots at HSBC, Barclays, Lloyds and NatWest expected to be just as large

Birmingham Post

Anglesey care home invests £500K in new apartments

Barclays has supported the investment at the Glan Rhos Nursing Home at Brynsiencyn

Benzinga

Barclays Cuts Masco Price Target By 10%

Barclays analyst Matthew Bouley lowered the price target on Masco Corp (NYSE:MAS) to $75 (an upside of 31.3%) from $83 and maintained an Overweight rating on the shares. Softer plumbing margins were the disappointment in the quarter, with supply chain pressures and elevated costs driving the headwinds; however, the pricing implementation into 2022 is likely…

Daily Record

Five signs your dating app match on Valentine's Day could be a future romance scammer

Don’t be duped on the international day of romance.

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Chronicle Live

Extinction Rebellion stage protest on roof of HMRC Longbenton

Protestors have climbed onto the roof of HMRC Longbenton on Monday holding banners and setting off flares

The Guardian - UK

Europe’s biggest banks provide £24bn to oil and gas firms despite net zero pledges

Investments to drill new oil wells and tap gas reserves were made within a year of signing up

Bristol Post

Six protests in Bristol today as Extinction Rebellion and Bristol Airport campaigns take to streets

Roads will be blocked by some demonstrators

Benzinga

Barclays Cuts nVent Electric Price Target After Q4 Results

Barclays analyst Julian Mitchell lowered the price target on nVent Electric PLC (NYSE:NVT) to $48 (an upside of 33.1%) from $51 and maintained an Overweight rating on the shares post the Q4 results. He believes the company's cash flow and deployment are being underappreciated. CL King analyst David Silver maintains a Neutral rating on nVent Electric following the quarterly…

Benzinga

Read Why Barclays Sees Downside In Bilibili

Barclays analyst Jiong Shao initiated coverage of Bilibili Inc (NASDAQ:BILI) with an Equal Weight rating and $32 price target. The price target implies a downside of 6.76%. Related Content: Here's Why Morgan Stanley Slashed Bilibili Price Target By 53% The analyst considers competition the most significant risk to the Bilibili story. Bilibili is a full-spectrum…

Benzinga

Apple Fires Up Square Rivalry With Latest Feature

Apple Inc (NASDAQ:AAPL) looks to launch a new Tap to Pay feature for the iPhone. It will offer merchants an alternative to Block Inc's (NYSE:SQ) Square technology, Bloomberg reports. The feature will allow people to buy goods from merchants in the U.S. through Apple Pay, credit cards, and digital wallets without additional hardware. Apple will launch…

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For February 8, 2022

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