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London open: FTSE edges up ahead of US inflation reading; Smiths Group surges
London stocks edged up in early trade on Friday, taking their cue from a positive session on Wall Street, as investors mulled house price data from Nationwide and eyed the latest US inflation reading.
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Octopus Renewables ups dividend guidance, but NAV falls
Octopus Renewables Infrastructure Trust reported a slight fall in net asset value (NAV) for the fourth quarter on Friday, but increased its dividend guidance for 2025.
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Growth in UK house prices eases in January - Nationwide
Growth in UK house prices eased in January, according to figures released on Friday by Nationwide.
Smiths Group to sell interconnect unit, Tritax Big Box flags strong balance sheet
London open The FTSE 100 is expected to open 20 points higher on Friday, having closed up 1. 04% on Thursday at 8,646. 88.
German retail sales see sharpest decline in two years
Retail sales in Germany unexpectedly dropped by their most in more than two years in December, according to the Federal Statistical Office (Destatis) on Friday.
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London pre-open: Stocks to gain on positive US cues; house price growth slows
London stocks were set to rise at the open on Friday following a positive close on Wall Street, as investors mulled the latest house price data from Nationwide.
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Friday newspaper round-up: Apple, Daily Mail, OpenAI, Homebase
Apple slightly beat analysts’ expectations in its first-quarter earnings for fiscal year 2025 on Thursday. The iPhone-maker’s revenue rose by 4%, coming in at $124. 30bn, barely above estimates of $124. 12bn. Earnings per share were $2. 40, just ahead of analysts’ expectations of $2. 35. Shares rose more than 8% in extended trading after CEO Tim Cook indicated in an earnings call on Thursday that Apple is on the trajectory for revenue growth next quarter. – Guardian.
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US close: Stocks higher as tech earnings remain in focus
Major indices turned in a positive session on Thursday as market participants digested quarterly earnings from several big-name tech firms.