Barclays (BCS): A Ray Of Sunshine

February 9, 2009 9:00 AM EST
From 247Wallst.com:

Barclays (NYSE: BCS) proved that not all earnings at global money center banks have to be a disaster. The company beat forecasts and posted a profit for the second half of last year.

Barclays did get a little help because it cut bonuses for many of its employees by 50%. If it can repeat that every year, it may stay in the black for a long time.

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