Softcat reiterates outlook after 'strong start' to FY27
Shares in Softcat rose on Thursday after the IT infrastructure group reiterated its outlook following a "strong start" to the year.
US pre-open: Futures mostly lower as Nvidia reportedly weighs ousting Huang
Wall Street futures were mostly lower ahead of the open on Thursday, pressured by a sharp sell-off in Nvidia after reports suggested chief executive Jensen Huang could be forced out of the company.
London midday: FTSE gains after UK GDP data; Burberry surges on results
London stocks were still firmer by midday on Thursday as data showed the UK economy grew at the fastest pace in two years in the third quarter and boosted by some well-received corporate releases.
Galliford Try reaffirms outlook on robust start to the year
Galliford Try confirmed the current year had got off to strong start on Thursday, bolstered by a number of contract wins.
Europe midday: Stoxx holds gains despite Nvidia turmoil
European shares edged away from record highs on Thursday as strong regional earnings outweighed volatility in the tech sector on reports that the Nvidia board was mulling the dismissal of CEO Jensen Huang over his affair with an alleged Chinese spy and a rumoured second extramarital relationship.
Chemring FY profit seen a touch below consensus; US sensors business up for sale
Chemring announced on Thursday that it was putting its US sensors business, CSES, up for sale, as it said full-year underlying operating profit was set to be just a touch below consensus expectations.
BAE Systems upgrades cash flow outlook as order intake tops £33bn
Defence contractor BAE Systems upgraded its free cash flow guidance on Thursday after reporting strong trading momentum across its core businesses and securing more than £33bn of orders so far this year.
Nvidia to consider Huang's future as fresh revelations emerge - reports
Shares in Nvidia came under renewed pressure on Thursday, on reports the artificial intelligence giant could be gearing up to oust its influential chief executive and founder.
Asia report: Stocks fall as Nvidia scandal hits chip sector
Stocks across Asia fell on Thursday as a headline-grabbing scandal and potential leadership changes at chip giant Nvidia raised fresh concerns about the sustainability of the AI boom.
Premier Foods shakes off hot summer, reaffirms outlook
Mr Kipling-owner Premier Foods shrugged off a mixed first half on Thursday to reaffirm a strong end to the year.
Syncona NAV rises as Beacon breakthrough boosts valuation
Life sciences investor Syncona reported a 3% increase in net asset value per share in the first half, driven by positive clinical trial results from portfolio company Beacon Therapeutics, as it reiterated plans to return at least £250m to shareholders.
Wizz Air H1 profits slide on rising fuel costs, Middle East disruption
Wizz Air posted a drop in first-half profit on Thursday as the budget airline was hit by rising fuel costs and disruption in the Middle East.
3i Group shares jump as Action growth drives returns, buyback unveiled
Shares in 3i Group jumped on Thursday morning after the private equity investor reported further growth at its largest portfolio company, Action, and announced a fresh £750m share buyback programme.
Burberry backs FY growth outlook as profit more than triples, luxury demand strengthens
Luxury fashion house Burberry reported a sharp improvement in first-half profitability on Thursday and reiterated its confidence in delivering revenue growth and margin expansion this year, as it extended its run of positive comparable sales growth to a fifth consecutive quarter.
Metro Bank puts itself up for sale
Metro Bank announced on Thursday that it has put itself up for sale as part of a strategic review as it looks to accelerate growth.
Endeavour flags hit to full-year output, shares slide
Shares in Endeavour Mining fell sharply in morning trading on Thursday, despite posting above-forecast quarterly numbers, after the blue chip flagged annual production would be at the lower end of guidance.
Rolls-Royce unveils £1.5bn buyback as strong order book underpins FY outlook
Rolls-Royce announced a new £1. 5bn share buyback programme on Thursday and reiterated its confidence in long-term cash generation, citing strong demand across its civil aerospace, defence and power systems businesses.
Dr Martens warns upcoming period crucial as H1 revenues fall
Dr Martens warned that its performance over the crucial peak trading season will be key to determining full-year results after reporting a weaker-than-expected first half.
Half-year earnings surge at United Utilities
United Utilities posted a surged in half-year earnings and reaffirmed guidance on Thursday, after the water company increased bills.
London open: Stocks edge up after UK GDP data
London stocks edged higher in early trade on Thursday following solid gains on Wall Street and as data showed the UK economy grew at the fastest pace in two years in the third quarter.