WOKING, England, Aug. 20, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced that Stéfan Descheemaeker, Chief Executive Officer, and Ruben Baldew, Chief Financial Officer, will present at the Barclays Global Consumer Staples Conference to be held in Boston, MA on Tuesday, September 3, 2024 at 3:00 p.m. ET.A live audio webcast of the presentation will be made available on Nomad Foods' website at www.nomadfoods.com. An archive of the webcast will be available following the event through the ...

INDIANAPOLIS, Aug. 20, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today plans to attend the Barclays 38th Annual CEO Energy-Power Conference on Wednesday, September 4, 2024, in New York City, NY.  Calumet will be holding one-on-one investor meetings throughout the day at the conference.About CalumetCalumet, Inc. (NASDAQ: CLMT) manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer- ...

HUNT VALLEY, Md., Aug. 15, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, will be participating in the Barclays Global Consumer Staples Conference at 1:30 p.m. ET, on Tuesday September 3, 2024. Representing McCormick will be Brendan Foley, President & CEO; Mike Smith, Executive Vice President & CFO; and Marcos Gabriel, Senior Vice President Global Finance & Capital Markets and Incoming CFO. A live audio webcast of the session will be available via the McCormic ...

ATLANTA, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, will present at the Barclays 38th Annual CEO Energy-Power Conference in New York. Jill Evanko, President and Chief Executive Officer, and Joe Brinkman, Chief Financial Officer, will participate in meetings on Wednesday, September 4th, and a webcast is scheduled for 2:25 p.m. ET. A live webcast will be available on the company’s website at:  ...

BUFFALO, N.Y., Aug. 14, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the Barclays Global Financial Services Conference being held in New York City.  Representatives of M&T are scheduled to deliver a presentation to investors and analysts on September 11, 2024, at 8:15 a.m. (ET).A link to the webcast will be available at https://ir.mtb.com/events-presentations.  The webcast may contain material information as well as forward-looking information, and cautionary statements r ...

PM Images Introduction Barclays PLC (NYSE:BCS) reported 2Q24 results on August 01, 2024. My initial impression was that the numbers were solid, with Barclays UK driving upgraded net interest income guidance, good cost outcomes, and the announcement of a further £750m share buyback. The update appeared to be well-received by the market during the London Stock Exchange ("LSE") morning session, but later in the day, Barclays shares joined other UK banks in a downward trajectory triggered by the Bank of England ...

ORRVILLE, Ohio, Aug. 7, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) will release its first quarter fiscal 2025 financial results on Wednesday, August 28, 2024. A press release, including financial statements and segment information, supplemental materials, pre-recorded management remarks, and a transcript of the pre-recorded remarks will be available beginning at 7:00 a.m. Eastern Time. The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board, President and ...

One of the best ways to spot opportunity is by keeping tabs on stocks with raised price targets from leading firms like Barclays (NYSE:BCS).Oftentimes, a firm, like Barclays will revise targets higher if the financial health of the covered stock has become far more favorable.Or, perhaps they liked what the covered company said in a recent meeting. Or maybe they’re seeing favorable emerging trends in the industry.Whatever the case may be, upgraded prices will often lead to increased buying interest from inve ...

Exhibit 99.1 Barclays PLC This exhibit includes portions from the previously published Results Announcement of Barclays PLC relating to the three months ended 30 June 2024, as amended in part to comply with the requirements of Regulation G and Item 10(e) of Regulation S-K promulgated by the US Securities and Exchange Commission (SEC), including the reconciliation of certain financial information to comparable measures prepared in accordance with International Financial Reporting Standards (IFRS). The purpos ...

Financial Data and Key Metrics Changes - Return on tangible equity (RoTE) was 9.9% in Q2 and 11.1% for the first half, on track for the target of above 10% in 2024 [5][13] - Total income for Q2 was GBP6.3 billion, and GBP13.3 billion for the first half, with a 1% year-on-year increase [5][14] - Net interest income (NII) guidance for 2024 increased from GBP10.7 billion to approximately GBP11 billion [5][16] - Cost-to-income ratio was 63% in Q2 and 62% for the first half, with a target of around 63% for 2024 [5][18] Business Line Data and Key Metrics Changes - Barclays UK reported a RoTE of 22.3% for Q2, with total income of GBP1.9 billion [8][21] - UK Corporate Bank delivered a RoTE of 18% in Q2, with income down 6% year-on-year at GBP443 million [9][25] - Private Banking & Wealth Management achieved a RoTE of 30.8%, with client assets and liabilities growing by 14% year-on-year [9][26] - Investment Bank RoTE was 9.6%, with total income of GBP3 billion, up 10% year-on-year [10][27] - U.S. Consumer Bank RoTE improved to 9.2%, with income growth of 7% [11][31] Market Data and Key Metrics Changes - Barclays UK's deposits stabilized faster than anticipated, with savings broadly flat quarter-on-quarter [8][23] - The U.S. Consumer Bank's card balances increased by $1.7 billion year-on-year to $31.2 billion [31] - Investment Banking fee income was up 45% year-on-year, indicating a strong performance across products [10][30] Company Strategy and Development Direction - The company aims to grow returns with a target RoTE of above 12% by 2026 and plans to return at least GBP10 billion to shareholders between 2024 and 2026 [4][6] - A focus on improving operational and financial performance across all divisions, with a commitment to reducing risk-weighted assets (RWAs) in the investment bank from 58% to around 50% by 2026 [4][6] - The acquisition of Tesco's retail banking business is progressing well, expected to complete in November, contributing to the RWA target [8][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stability of income and credit performance, particularly in the UK [5][19] - The company anticipates continued growth in the U.S. Consumer Bank, with expectations for lower impairment charges in the second half of 2024 compared to 2023 [11][20] - Management remains focused on disciplined execution against the targets set in February, reiterating their commitment to capital distribution plans [35] Other Important Information - The CET1 ratio was 13.6%, comfortably within the target range of 13% to 14% [6][34] - A total payout of GBP1.2 billion for the first half of 2024 was announced, including a GBP0.029 dividend per share and a GBP750 million buyback [6][34] Q&A Session Summary Question: Cost structure and revenue performance in U.S. cards - Management indicated that structural costs were not significant and reiterated a cost guidance of around 63% for the year, with a focus on efficiency savings [39] - In the U.S. Consumer Bank, NII has fallen slightly due to seasonal factors and customer repayments, but management remains confident in achieving a NIM of greater than 12% by 2026 [40][41] Question: Follow-through on upgraded UK NII and RWA management - Management confirmed that the upgraded NII is based on stabilized deposits, but they are not adjusting 2026 targets at this time, focusing instead on disciplined execution [44][46] - The increase in RWAs was described as temporary, with expectations for a more meaningful change in RWA allocation from Q4 onwards [60] Question: U.S. consumer cards credit quality and UK performance - Management acknowledged an increase in non-performing loans but emphasized proactive reserve building and expected lower impairments in the second half of 2024 [66] - The company anticipates asset growth in Barclays UK, which will moderate returns but is seen as a positive shift towards growing the asset book [70]