Thread: Northern Rock
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Old 19-02-2008, 08:53   #42
iglu
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Re: Northern Rock

Quote:
Originally Posted by lostandconfused View Post
I wouldnt excatly say they are in troble. 1% less profit than last year, but still 7.08bn isnt too bad.
http://news.bbc.co.uk/1/hi/business/7252060.stm
The Barclays share price is down 40% for a reason, and that despite the fact that Barclays bought back massive amounts of their own shares and they increased the dividend to make their shares more attractive. They run out of money twice, in both cases they claimed to be a technical error. Barclays Capital is doing brilliantly, but liquidity overall might me a problem..
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