Barclays Posts Q1 Profit

Barclays PLC BCS reported a profit in the first quarter. Barclays posted a quarterly net profit of GBP839 million, versus a year-ago loss of GBP598 million. Its pretax profit declined to GBP1.79 billion, from GBP2.4 billion. Barclays shares fell 1.75% to $18.00 in after-hours trading.