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The Market Wire

Thursday, 12 November 2026

  1. HubSpot founder’s return could lift investor sentiment despite painful reset, Jefferies says

    Jefferies believes HubSpot (NYSE:HUBS)’s decision to bring back co-founder Brian Halligan as chief executive could restore investor confidence, although the…

  2. Digi shares slide as 2027 revenue outlook points to slower growth

    Digi International (DGII:NASDAQ) shares fell 15% to $56.74, down $10.22, as investors focused on a slower fiscal 2027 revenue outlook despite a quarterly…

  3. Deutsche Bank cuts IAG price target to 600p as higher fuel costs hit forecasts

    Deutsche Bank has cut its price target for International Airlines Consolidated Group S.A.

  4. UK housing market stalls as rising mortgage rates hit buyer demand, RBC warns

    The UK housing market is showing renewed signs of weakness as rising mortgage rates weigh on buyer demand and agreed sales, according to RBC Capital Markets…

  5. Primark among retailers most exposed to Spain’s first general strike since 2012

    Primark is among the retailers most exposed to disruption from Spain’s first general strike since 2012, with the country accounting for about 15% of its total…

  6. Taylor Wimpey retains RBC ‘outperform’ despite target cut

    RBC Capital Markets cut Taylor Wimpey PLC (LSE:TW.) price target to 95p from 110p, while retaining an ‘outperform’ rating despite weaker autumn sales and…

  7. Premier Foods earns EPS forecast upgrade from Shore Capital

    Premier Foods (LSE:PFD) has received an earnings forecast upgrade from Shore Capital, as lower financing cost expectations support its outlook despite…

  8. BAE Systems free cash flow upgrade beats forecasts as Jefferies flags strong orders

    BAE Systems PLC (LSE:BA.) raised its 2026 free cash flow guidance to around £3 billion, comfortably ahead of consensus expectations of roughly £2.3 billion…

  9. Nebius shares slide as revenue guidance weakens and AI spending rises

    Nebius Group NV (NASDAQ: NBIS), the AI cloud company, shares fell 16% to $130.50 in pre-market trading on Thursday as weaker revenue guidance and higher…

  10. Rolls-Royce jumps 4% as Jefferies backs faster cash returns

    Rolls-Royce Holdings PLC (LSE:RR.) jumped as much as 4% to an intraday high of 1,395p on Thursday after Jefferies highlighted strong trading and faster…

  11. Galliford Try reports strong start to financial year as Panmure Liberum maintains 'buy' rating and 735p target

    Galliford Try Holdings PLC (LSE:GFRD, FRA:3WC), the UK construction group, has reported strong operational performance since the start of its financial year…

  12. Caledonia posts record quarterly revenue as Blanket mine output recovers and Cavendish keeps 4,230p target

    Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL), the Zimbabwe gold producer, posted record quarterly revenue and gross profit, and…

  13. Volex shares fall over 6% despite record revenue and underlying profit beating Peel Hunt forecasts

    Shares in Volex PLC (AIM:VLX), the manufacturer of power and data transmission products, fell over 6% to 528p on Thursday despite record first-half revenue and…

  14. Persimmon shares gain 5% as three brokers rate housebuilder a 'buy'

    Persimmon PLC (LSE:PSN) shares rose 5% to 1,318.50p as the housebuilder reported higher sales rates and trading in line with market expectations.

  15. PCI Pal shares rise 10% as new business sales exceed management expectations

    Shares in PCI-PAL PLC (AIM:PCIP), the cloud provider of secure payments, rose 10% to 77p on Thursday morning after new business sales in the current financial…

  16. QinetiQ drops 4% as US sale and £175 million impairment overshadow profit growth - UPDATE Update

    QinetiQ Group PLC (LSE:QQ.), the UK defence and security technology group, fell as much as 4% to an intraday low of 502p on Thursday as investors weighed its…

  17. Ingenta shares fall 16% as largest customer drops two contracts and company pivots to AI

    Shares in Ingenta PLC (AIM:ING), the publishing software provider, fell 16% to 56.0p on Thursday morning after its largest customer confirmed it would not…

  18. Burberry jumps 10% as profit rebound and stronger sales lift turnaround hopes - UPDATE Update

    Burberry Group PLC (LSE:BRBY) jumped as much as 10% to an intraday high of 1,197p on Thursday after first-half adjusted operating profit more than tripled and…

  19. MARKETS LIVE: Retail and consumer stocks drive sharp moves as FTSE 100 holds higher Update

    The FTSE 100 was 0.3% higher at 10,864, with the early rally settling into a more stock-specific session after investors absorbed the latest UK growth figures.

  20. WH Smith posts £107 million loss despite rising sales - UPDATED Update

    WH Smith PLC (LSE:SMWH) swung to a £107 million pre-tax loss for the financial year ended 31 August 2026 as restructuring and write-downs weighed on results…

  21. Caledonia Mining says gold production back to normal, higher gold prices supported financials in Q3

    Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) told investors that gold production at its Blanket mine in Zimbabwe had returned to normal…

  22. Central Asia Metals secures rigs for new drilling in Quebec

    Central Asia Metals PLC (AIM:CAML, OTC:CAMLF) has secured three rigs to drill up to 70,000 metres at its newly acquired Chibougamau copper-gold project in…

  23. Dr Martens shares fall 15% as Peel Hunt downgrades from ‘Buy’ to ‘Add’

    Shares in footwear group Dr Martens PLC (LSE:DOCS) fell 15% to 54.10p on results day, and Peel Hunt cut its rating from ‘Buy’ to ‘Add’ after first-half sales…

  24. B&M European Value Retail surges 20% as first-half trading beats forecasts

    B&M European Value Retail SA (LSE: BME), the discount retailer, jumped as much as 20% to an intraday high of 333.4p on Thursday after first-half sales, margins…

  25. Strategic Minerals expands drill plans to bring forward key tests at Redmoor

    Strategic Minerals PLC (AIM:SML) has added six holes totalling 3,880 metres to its drilling plans at Redmoor in Cornwall to bring forward tests of how much…

  26. Galliford Try says its trading 'slightly ahead' of expectations, lands another new contract

    Galliford Try Holdings PLC (LSE:GFRD, FRA:3WC) told investors that trading was slightly ahead of board expectations in the new financial year as it secured…

  27. Persimmon plans more homes in 2027 despite cost pressures

    Housebuilder Persimmon PLC (LSE:PSN) expects rising costs to limit near-term profit growth, but it maintained its 2026 outlook in its third-quarter trading…

  28. Metro Bank jumps 6% as formal sale process begins

    Metro Bank Holdings PLC (LSE:MTRO) jumped as much as 6% to 188.8p on Thursday after launching a strategic review that includes a formal sale process for the…

  29. Chemring puts US sensors business up for sale as profit misses forecasts

    Chemring Group (LSE:CHG), the defence technology group, has started a sale of its US sensors business after reporting full-year profit slightly below City…

  30. MARKETS LIVE: FTSE 100 rises as UK growth strengthens Update

    The FTSE 100 was 0.2% higher at 10,861 as investors digested stronger UK growth figures, with the economy expanding 0.7% in the third quarter, up from 0.5% in…

  31. WH Smith posts £107 million loss despite rising sales

    WH Smith PLC (LSE:SMWH) swung to a £107 million pre-tax loss for the financial year ended 31 August 2026 as restructuring and write-downs weighed on results.

  32. B&M European Value Retail returns to growth

    B&M European Value Retail SA (LSE:BME), the discount retailer, has returned to sales growth in the UK and expects full-year profit of between £280 million and…

  33. Buccaneer Energy lauches equity raise as it seeks to maximise Texas asset valuation

    Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1) has secured £510,000 in funding commitments to help restore full production at its Pine Mills oilfield before a…

  34. Arrow Exploration ups production volumes, says Icaco field is exceeding expectations

    Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) lifted group production to a record of more than 7,000 barrels of oil equivalent per day after its…

  35. Tooru says one of its brands is to be stocked with major UK retailer

    Tooru PLC (AIM:TOO, FRA:73N) told investors it has secured a listing with a major UK retailer for one of its health and wellness brands.

  36. Dr Martens boot sales fall 20% as hot summer hits demand

    Dr Martens PLC (LSE:DOCS), the British footwear brand, warned of a wide range of possible full-year outcomes after first-half boot revenue fell 20% amid an…

  37. Burberry adjusted operating profit jumps 225% as sales growth gathers pace

    Burberry Group PLC (LSE:BRBY) reported a 225% jump in first-half adjusted operating profit as comparable retail sales returned to growth under its Burberry…

  38. Wizz Air profit falls 67% as fuel costs and Middle East disruption bite

    Wizz Air Holdings PLC (AIM:WIZZ), the low-cost airline, said fares were rising after higher fuel costs and disruption in the Middle East cut its first-half…

  39. United Utilities lifts investment above £2bn as Ofwat verdict nears

    United Utilities Group PLC (LSE:UU.), the FTSE 100 water company serving the North West of England, expects to invest more than £2 billion this year after…

  40. Rolls-Royce accelerates buybacks with new £1.5 billion programme

    Rolls-Royce Holdings PLC (LSE:RR.) has accelerated its £7 billion to £9 billion share buyback programme, adding a new £1.5 billion repurchase plan that starts…

  41. Drax prices €1 billion notes to refinance existing debt

    Drax Group (LSE:DRX) said its indirect wholly owned subsidiary, Drax Finco, had priced a €1 billion offering of 5.5-year senior secured notes.

  42. QinetiQ agrees $292 million US sale to Serco and plans £200 million shareholder return

    QinetiQ Group PLC (LSE:QQ.), the UK defence and security technology group, has agreed to sell its US business to Serco PLC for $292 million, sharpening its…

  43. BAE Systems lifts free cash flow guidance to £3 billion as orders reach £33 billion

    BAE Systems PLC (LSE:BA.) raised its 2026 free cash flow guidance to around £3 billion from more than £2 billion after strong trading and continued order…

  44. MARKETS LIVE: FTSE 100 set to rise after Wall Street AI rally with UK GDP in focus

    The FTSE 100 is set for a positive start on Thursday, with futures around 0.7% higher at 10,916 after the index closed 0.8% higher at 10,835 on Wednesday.