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Countrywide Vs Barclays In The Stock Market

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by Felix Salmon
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Aug 10 2007 12:00am EDT

Countrywide vs Barclays in the Stock Market

A quick update for those of you keeping track of shares in the finance industry. Countrywide is trading at $25.64, which looks bad (down 10% on the day!) but is actually higher than it was trading this time last week. Meanwhile, Barclays' Bob Diamond is feeling a bit sheepish. Remember when he told the WSJ on July 23 that his bank's bid for ABN Amro was reliant on the stock price going up? The bank's shares were trading at 735p at the time, and the target was 820p. Now, they're trading at 639p. Oops.

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