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But oil major keeps dividend intact and pledges to do same in next quarter.
A record $18 billion quarterly profit from the iPhone maker buoys investors and edges the FTSE 100 higher, despite heavy falls in Greece.
Weakest growth in two years fuels expectations interest rates will be kept on hold throughout 2015.
Energy stocks rally on Opec comments that oil may have bottomed while European markets rise despite Syriza victory.
Investors need to be mindful of the risks of investing in expensive growth stocks.
Plans to pump €1.1 trillion into the eurozone drive UK shares towards their best weekly performance since November 2011.
Advisers are divided over the benefits of smart beta.
European Central Bank will plough €60 billion into eurozone every month.
FTSE 100 closes 108 points higher on reports of €50 billion-a-month quantitative easing in the eurozone.
Lindsell Train Investment Trust has strong performance and zero turnover but its directors recommend you do not buy it while it remains on a premium.