(ShareCast News) - City sources predict the FTSE 100 will open 17 points higher than Monday's close of 6,550.30. European stocks were expected to open slightly higher as investors await the release of UK inflation figures. UK inflation has been near zero for most of this year and dipped into deflat
Read more(ShareCast News) - Battered by the crashing oil price, engineer Wood Group upped its interim dividend by 10.1% after slashing costs more than expected as its oilfield workforce was cut by a fifth in the face of tumbling sales and profits. Revenue of $3.07bn in the first six months of the year was do
Read moreAug 18 (Reuters) - John Wood Group Plc said it had reduced its headcount by 13 percent since December and saved $40 million in overhead costs in the first half. The oilfield services company, which reported a 7.4 percent fall in first-half core profit to $225.9 million, said its outlook for
Read more-- Source link: (http://thetim.es/1Le7h6k) -- Note: Reuters has not verified this story and does not vouch for its accuracy
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