Commodity price drop is changing face of stock market
Property and investment stocks are replacing miners and oilers in Footsie
Company
LON:WG.
John Wood Group PLC is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. The company provides consulting, projects and operations solutions in 60 countries, employing around 35,000 people.
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Property and investment stocks are replacing miners and oilers in Footsie
North Sea industry has lost 65,000 jobs since early last year
Shell, Randgold, N Brown, Wood Group and British Land were in Monday’s broker spotlight
Restoring profits will take time but firms are making progress, analysts say
Shell has been cleared to start drilling below the ocean floor in the Artic. Aberdeen-based Wood Group has laid off 13% of its workforce, while Scotland's last coal-fired power station is about to bite the dust.
Investments and investor services
Shares fell after disappointing US manufacturing data
Services group said conditions in oil & gas markets were still challenging
Oil services supplier faces tough oil and gas markets as oil prices dip
The never-ending negotiations over Greek debt enveloped sentiment on the London stock market like the mantle of Odysseus