Sainsbury wins backing of Barclays Capital
Sainsbury has won the backing of Barclays Capital after the broker compiled an update to analysis, which pitched it head-to-head with Morrisons.
British bank Barclays, seeking to fix its battered reputation caused by last year's Libor rate-rigging scandal, said Wednesday that it returned to profit in the first quarter with net earnings of 839 million pounds after a loss in the first three months of last year.