Barclays PLC (ADR) (NYSE:BCS), the U.K.-based bank that has been in legal trouble for most of the past half-decade, will downsize its investment bank by as many as 14,000 people. As part of the plan, apparently, senior management at the parent will not take pay cuts. The action should be a warning to investment bank staff at other large financial institutions. Barclays PLC (ADR) (NYSE:BCS) shares after opening at $17.59 moved to $17.90 on last trade day and at the end of the day closed at $17.73. Company price to sales ratio in past twelve months was calculated as 1.16. Barclays PLC (ADR) (NYSE:BCS) showed a positive weekly performance of 2.07%.
Assured Guaranty Ltd. (NYSE:AGO) announced that Ms. Yukiko Omura has been elected as an independent director to its Board of Directors. Ms. Omura will also serve on the Board’s Finance Committee and Risk Oversight Committee. Assured Guaranty Ltd. (NYSE:AGO) shares advanced 6.42% in last trading session and ended the day on $25.52. AGO return on equity ratio is recorded as 16.90% and its return on assets is 4.90%. Assured Guaranty Ltd. (NYSE:AGO) yearly performance is 11.98%.
Cincinnati Bell Inc (NYSE:CBB) issued its quarterly earnings data on Thursday. The company reported $0.02 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.02, AnalystRatingsNet reports. The company had revenue of $322.50 million for the quarter, compared to the consensus estimate of $303.86 million. Cincinnati Bell Inc. (NYSE:CBB) shares moved up 15.89% in last trading session and was closed at $3.72 while trading in range of $3.28 – $3.86 – Cincinnati Bell Inc. (NYSE:CBB) year to date (YTD) performance is 4.49%.
The WhiteWave Foods Co (NYSE:WWAV) reported strong results for the first quarter ended March 31, 2014, driven by continued growth across all of the Company’s platforms. WhiteWave Foods Co (NYSE:WWAV) weekly performance is 5.03%. On last trading day company shares ended up $28.79. WhiteWave Foods Co (NYSE:WWAV) distance from 50-day simple moving average (SMA50) is 1.90%. Analysts mean target price for the company is $29.62.