(ShareCast News) - Energy services company Wood Group said it has won a new three year contract with Shell to deliver industrial services to the St Fergus gas processing plant in Aberdeenshire and the Mossmorran gas processing plant and Braefoot Bay marine terminal in Fife, Scotland. No financial de
Read moreLONDON, March 16 (Reuters) - Shares in British oil firms extended gains on Wednesday after the government announced changes to the tax system in the sector to provide relief for the industry in the face of a slump in crude oil prices. UK finance minister George Osborne said he would effecti
Read more(ShareCast News) - Virgin Money: Goldman Sachs reiterates neutral with a target price of 450p and Berenberg stays at hold with a 400p target. Gem Diamonds: Panmure Gordon keeps at buy, 181p target and Finncap reiterates buy with a target of 270p. G4S: Credit Suisse reiterates neutral with a target
Read more(ShareCast News) - Wood Group shares slumped on Tuesday after Canaccord Genuity cut its stance on the stock to 'sell' from 'hold', saying the stock was overvalued following the recent outperformance. It said the company's full year results were broadly in line with existing consensus and although th
Read more(ShareCast News) - Oil and gas services firm Wood Group has won a $120m (£86m) contract with Babcock International to provide industrial services to a number of its UK sites. The company said the contact will be delivered by Wood Group PSN's industrial service line business, Wood Group Industrial Se
Read more(ShareCast News) - In contrast to its older sibling, the FTSE 250 was in the black on Tuesday afternoon, up 16.35 points (0.10%) to 16,305.15. Meggitt led the pack after it posted a small rise in 2015 pre-tax profit and lifted its dividend despite what it referred to as a challenging year. For the
Read more** John Wood Group rises 7.1 pct after cost savings at the oil services co came in better-than-expected ** Cost savings figure of $148 mln cited by multiple brokers as bullish (as much as double that expected) ** Best day for the stock since early-March 2013 ** Second top riser
Read more