LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus
20th Dec 2023 09:25
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
Metro Bank Holdings PLC - London-based lender - Says it will retain its GBP3 billion residential mortgage portfolio, as it is "in the best interests of shareholders". More recently, Metro Bank in September of this year announced it had not received permission from regulators to change the way it calculated the capital requirements on its mortgage book. Metro Bank was demoted from the FTSE 250 index in September of 2019. It has not returned since. The company had listed in 2016. Read More
(Alliance News) - The FTSE 100 in London closed up on Thursday, but share prices were firmly down in the FTSE 250, while European equities were buoyed by cooling inflation in the eurozone. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - Metro Bank Holdings PLC on Thursday said it expects to cut a fifth of its workforce and the lender is reviewing its policy of keeping branches open seven days a week as it looks to "simplify its operations". Read More
(Alliance News) - London's FTSE 100 made a tepid start to the day on Thursday, though large-cap peers in Paris and Frankfurt rose, as another inflation reading from the euro area took some sting out of European Central Bank interest rate expectations. Read More
(Alliance News) - The FTSE 100 is called to open higher, with focus on Thursday on inflation readings from the eurozone and US. Read More
(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse. Read More
(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse. Read More
Metro Bank Holdings PLC - London-based lender - Notes deposit outflow rates have normalised since it announced a funding package. They had increased over fears of Metro Bank's financial health prior to the capital package. Meanwhile, assets as at September 30 fall 0.7% to GBP21.61 billion from GBP21.75 billion as at June 30. Loan to deposit ratio softens to 80% from 81% over the three months. "The third quarter delivered continued momentum in personal and business current account growth and customer acquisition as well as a modest statutory profit after tax," it says. Metro Bank in October announced a new deal with investors to shore up its finances. The deal included a GBP325 million capital raise and GBP600 million in debt refinancing. In early October, the Financial Times said Metro Bank was seeking to raise up to GBP600 million to shore up its finances. It led to a sell-off in the stock, hitting the 52-week low on October 5. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - Oil majors and defence contractor BAE Systems helped shield the FTSE 100 from a deeper decline on Monday, as global equities struggled as events in Israel meant it was a risk-off start to the new week. Read More
(Alliance News) - The FTSE 100 was higher at midday on Monday as shocking events in the Middle East over the weekend pushed oil prices higher and, in turn, lifted the index's heavyweight oil majors. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - Stock prices in London opened lower on Monday as investors were put in a risk-off mood at the start of a new week amid exploding tensions in the Middle East. Read More
(Alliance News) - Stocks in London are set to open higher on Monday as interest rate expectations held steady despite Friday's bumper US nonfarm payrolls report. Read More
(Alliance News) - Metro Bank Holdings PLC has announced a new deal with investors to shore up its finances. Read More
(Alliance News) - Metro Bank Holdings PLC is in talks for potential financing over the weekend and could potentially receive takeover interest, according to reports from the Times. Read More
(Alliance News) - The FTSE 100 was in the green at midday Friday, boosted by Aviva amid takeover rumours. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More