Excerpt from: Spread Betting European Stocks
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| November 15, 2007 | | Spread betting and contracts for differences on individual equities | Spread bets and CFDs on Barclays should tke into account the fact that the company's write-downs aren't as steep as originally feared. This is helping buoy the company on the stock market. MarketWatch reports on the Barclays write-downs:
Barclays
on Thursday became the latest bank to disclose write-downs, saying it
was writing off $2.7 billion after sub-prime and related credit trouble
from July to October. The write-down wasn't as steep as some in the
markets had feared, helping shares of the bank rise as much as 5% in
London. | | |
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