
Energy services company Wood Group has won a contract from Saudi Armaco, the Dhahran headquartered firm which is the world's largest oil and gas company. Wood Group did not disclose the value of the contract but said while some work will be conducted in the United States, work in Saudi Arabia would
* Companies slash jobs in face of oil price plunge * Experienced workers retiring early, raising safety fears * Previous downturns led to skills gaps in the sector * GRAPHIC-Age distribution: http://link.reuters.com/kan74w By Claire Milhench LONDON, June 16 (Reuters)
Reed Elsevier: Barclays ups target price to 1,225p and lifts recommendation to overweight from equal-weight. HSBC Holdings: Investec reiterates hold and 620p target. Bernstein keeps target price at 650p. Goldman Sachs places estimates under review. Credit Suisse reiterates underperform and 580p targ
Deutsche Bank cut its target on Amec Foster Wheeler to 815p from 830p, noting that its trading update on Tuesday was weak, highlighting further pressure on the top line and margins. "Despite a diversified structure and ability to lean on cost savings Amec Foster Wheeler is not immune to end-market w
SAB Miller: Berenberg reiterates buy and 3,920 price target. IMI: Nomura reiterates reduce stance, lowers target to 1,115p from 1,175p. ITV: Barclays downgrades to equal-weight with 260p target. HSBC: Berenberg reiterates buy and lowers target to 750p from 790p. Hiscox: Canaccord Genuity reiterat