(ShareCast News) - The FTSE 250 continued to drop on Thursday, with the market down 52.17 points (0.30%) to 17,087.68 by mid-afternoon. Political events in South Arica caused Investec to plummet throughout the day. President Jacob Zuma on Wednesday evening fired the country's finance minister, Nhlan
Read more(ShareCast News) - UK equities declined as the Bank of England voted 8-1 to keep interest rates unchanged. The BoE left interest rates at 0.5% and the asset purchase programme at £375bn, as expected by analysts, amid a slowdown in emerging economies, low inflation and a strong pound. The minutes of
Read more** Oil equipment and services co John Wood's shares up 4.9 pct, best day in two months, after saying on track to meet FY EBITA guidance of about $465 mln ** Co says "balance sheet and cashflow generation remain strong," despite slump in oil prices ** Oil price crash has seen Amec Fos
Read more(ShareCast News) - John Wood Group expects to hit all of its targets for the full-year 2015, including a double-digit increase to its dividend. In a pre-close trading update, the oil field services company said full-year earnings before interest, taxes and amortisation would be in-line with its own
Read more(ShareCast News) - Wood Group has secured a new, multi-year contract with oil and gas company ConocoPhillips in Australia. The oil services group's PSN division will deliver brownfield engineering services to the Bayu-Undan field located south west of Timor-Leste and the Darwin liquefied natural gas
Read more(ShareCast News) - London's FTSE 250 was up 0.3% to 17,417.09 at 1430 GMT, tracking broader gains as equity markets recouped last week's losses. Shares in AO World surged on Monday after the online electrical appliance retailer said fund manager Ruane, Cunniff & Goldfarb has taken a 5% stake in the
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