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Colgate-Palmolive Q1 Profit Down, Backs FY26 Earnings, Sales Growth View; Stock Up
Consumer products major Colgate-Palmolive Co., while reporting weak profit and higher net sales in its first quarter, on Friday maintained fiscal 2026 earnings and sales growth outlook. Meanwhile, the firm trimmed gross profit margin guidance. In pre-market activity, the shares were gaining around 3.1 percent.
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133 days ago
UK Mortgage Approvals Rise Unexpectedly
UK mortgage approvals rose unexpectedly in March, reaching a four-month high, while consumer credit logged its fastest growth since early 2024, official data showed Friday.
The number of mortgages approved in March rose to 63,531 from 62,708 in the previous month, the Bank of England reported. Approvals were forecast to fall to 60,000.
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133 days ago
Asian Stocks Start May On A Positive Note
Asian bourses closed on a positive note on Friday tracking Wall Street's strong performance on Thursday.
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133 days ago
FTSE 100 Moderately Lower As Bank, Mining Stocks Shed Ground
The UK stock market's benchmark index FTSE 100 fell on Friday, weighed down by losses in financial and mining sectors. Worries about the impact of the ongoing conflict in the Middle East weighed as well on sentiment.
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133 days ago
U.S. Dollar Drops Against Majors
The U.S. dollar fell against its major counterparts in the New York session on Thursday.
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133 days ago
UK House Price Growth Rises Despite Middle East Uncertainty
UK house prices logged a faster growth in April despite geopolitical tensions in the Middle East and rising energy prices, data published by Nationwide Building Society showed Friday. House prices grew by more-than-expected 3.0 percent on a yearly basis in April, following an increase of 2.2 percent in March. Prices were expected to rise again by 2.2 percent.
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133 days ago
European Economic News Preview: UK Mortgage Approvals Data Due
Mortgage approvals and final manufacturing Purchasing Managers' survey results from the UK are due on Friday. At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to grow 2.2 percent on a yearly basis in April, the same rate of growth as seen in March.
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133 days ago
more news
Australian Market Maintains Early Gains In Mid-market
The Australian stock market is maintaining its early gains in mid-market moves on Friday, snapping an eight-session losing streak, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,750 level, with gains in mining and technology stocks partially offset by weakness in energy stocks.
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133 days ago
Asian Markets Mostly Higher In Thin Holiday Trading
Asian stock markets are mostly higher in thin holiday trading on Friday, following the broadly positive cues from Wall Street overnight, with most markets in the region closed for Labor Day, including China, Hong Kong, South Korea and Singapore. Traders also indulged in bargain hunting after the recent weakness in the markets. Asian markets ended mostly lower on Thursday.
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133 days ago
Japanese Market Modestly Higher
The Japanese market is trading modestly higher on Friday, reversing some of the losses in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up to near the 59,500 level, with gains in technology stocks partially offset by weakness in automakers and financial stocks.
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133 days ago
Australian Market Significantly Higher
The Australian stock market is trading significantly higher on Friday, snapping an eight-sessions losing streak, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,750 level, with gains in mining and technology stocks partially offset by weakness in energy stocks.
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133 days ago
Japan Manufacturing PMI Jumps To 55.1 In April - Jibun Bank
The manufacturing sector in Japan continued to expand in April, and at a faster pace, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 55.1.
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133 days ago
South Korea April Trade Surplus $23.77 Billion
South Korea posted a merchandise trade surplus of $23.77 billion in April, the Customs Office said on Friday.
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133 days ago
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