Metro Bank launches discounted share placing
16th May 2019 17:05
(Sharecast News) - Metro Bank confirmed after the close of markets that it was looking to raise £350m in a placing at a discounted price of 500p a share.
Read moreFTSE 250 movers: Provident Financial falls, Indivior surges
15th May 2019 14:50
(Sharecast News) - London's FTSE 250 was down 0.26% at 19,317.71 in afternoon trade on Wednesday, with Provident Financial leading the way lower ahead of the release of its first quarter trading update next week.
Read moreBerenberg halves target price on Metro Bank ahead of ?350m rights issue
15th May 2019 12:18
(Sharecast News) - Analysts at Berenberg cut their target price on challenger bank Metro Bank in half on Wednesday, stating the outfit was suffering from "acute uncertainty" pending completion of its £350m planned capital raise.
Read moreFTSE 250 movers: Greggs on a roll, AJ Bell slips
14th May 2019 15:03
(Sharecast News) - London's FTSE 250 was up 1.04% at 19,326.34 in afternoon trade on Tuesday, with Greggs leading the charge as it exceeded expectations.
Read moreMonday broker round-up
13th May 2019 12:34
(Sharecast News) - Marks & Spencer: Citigroup upgrades to buy with a target price of 330p.
Read moreMetro Bank says equity raising is well advanced
13th May 2019 07:08
(Sharecast News) - Metro Bank said its plans to raise £350m of equity capital were well advanced after the bank was forced to reassure customers their money was safe.
Read moreSunday newspaper round-up: Metro Bank, BT Group, NHS
12th May 2019 16:39
(Sharecast News) - Metro Bank has been forced to reassure customers their money is safe, acting quickly to quash what it described as false rumours on social media about its financial health. It said plans to raise £350m from investors to shore up its finances were "well advanced".- The Guardian
Read moreFTSE 250 movers: Metro Bank in the doghouse, Sirius Minerals soars
9th May 2019 15:11
(Sharecast News) - London's FTSE 250 index was edged 1.09% lower to 19,318.44 in afternoon trade on Thursday, with Metro Bank once again coming in as the top faller.
Read moreMetro Bank's model 'bruised' but 'intact', Jefferies says
2nd May 2019 16:48
(Sharecast News) - Metro Bank needs to demonstrate over the remainder of the year that it is capable of generating less capital-intensive balance sheet growth, but while "bruised" in the wake of January's warning on capital, the lender's model remained intact, analysts at Jefferies said.
Read moreMetro Bank tumbles as Q1 profit halves, customers head for the door
2nd May 2019 08:11
(Sharecast News) - Metro Bank shares tumbled in early trade on Thursday after its first-quarter numbers - released after the close the day before - revealed a big drop in profits and the loss of several large customers following the discovery of a major accounting error earlier this year.
Read moreFTSE 250 movers: Grafton gains, Sirius slides
11th Apr 2019 15:18
(Sharecast News) - London's FTSE 250 index was 0.47% higher at 19,577.36 in afternoon trade on Thursday, with Grafton heading the risers on the back of a new acquisition.
Read moreFTSE 250 movers: Plus500 climbs, TalkTalk dialed down
29th Mar 2019 15:11
(Sharecast News) - London's FTSE 250 index was 0.86% higher at 18,071.04 in afternoon trade on Friday, as online trading services provider Plus500 dragged the index higher.
Read moreFTSE 250 movers: Clarkson climbs, 888 loses
28th Mar 2019 15:11
(Sharecast News) - London's FTSE 250 index was 0.35% higher at 18,959.55 in afternoon trade on Thursday, with Clarkson recovering to lead the index higher after yo-yoing throughout the week.
Read moreFTSE 250 movers: TP ICAP climbs, Wood Group chopped down
19th Mar 2019 15:11
(Sharecast News) - London's FTSE 250 was 0.32% higher at 19,549.12 in afternoon trading, as TP ICAP pushed the index higher.
Read moreFTSE 250 movers: Metro Bank chugs higher, Synthomer stumbles
4th Mar 2019 15:08
(Sharecast News) - London's FTSE 250 was up 0.06% at 19,412.09 in afternoon trade on Monday, with Metro Bank steering the index upwards.
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