Energy Services Stock Wood Group Benefits from Diversity Amid Oil Price Slump. It's a Buy.

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Energy Services Stock Wood Group Benefits from Diversity Amid Oil Price Slump. It's a Buy.

Shares in energy services company Wood Group recovered from early losses on Friday, despite the warning that first-half profits will fall 19% due to the “unparalleled challenges” of Covid-19 and the oil price slump. The London-listed company said oil price …
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Investors Fear BOE Has Let Down Guard Against Virus Too Soon

The Bank of England (BOE). Photographer: Simon Dawson/Bloomberg
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Rupee drops 6 paise to 76.20 against dollar amid COVID-19 concerns

(Eds: Adds expert comment). Mumbai, Jun 19 () The rupee settled 6 paise lower at 76.20 against the US dollar on Friday as strengthening of the US currency and rising COVID-19 cases weighed on investor sentiment. Forex traders said factors like …
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Canadian Retail Sales Down Record 26.4% in April on Coronavirus Shutdowns

OTTAWA — Canadian retail sales plummeted 26.4% in April, posting a record decline for a second consecutive month, as the coronavirus pandemic continued to wallop the economy, Statistics Canada data showed on Friday. Sales were down in all 11 …
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Roche phase 3 hits goal in subgroup of prostate cancer patients

Roche’s ipatasertib has improved progression-free survival (PFS) in a subgroup of prostate cancer patients in a phase 3 trial. The drug failed to improve outcomes in the broader population, but, with overall survival data still maturing, Roche thinks the findings …
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