Wood Group (J) Share News (WG.)

John Wood Group Unit Wins Subsea Contract For Peterhead Project

Sector movers: Cyclicals slump, defensives rise as risk appetite wanes

Cyclical sectors such as mining and oil services were bearing the brunt of the market sell-off on Friday as fears about a global economic slowdown prompted investors to scale back risk appetite. Mining heavyweights such as Antofagasta, Glencore, Fresnillo and BHP Billiton were all under pressure as

Broker tips: ITV, Wood Group, Paper and packaging stocks

UBS has upped its target price for broadcaster ITV from 210p to 230p and repeated its 'buy' recommendation, highlighting catalysts for the stock in the near term. Retransmission fees, M&A and a "compelling valuation" were cited as reasons behind the UBS' positive investment case on ITV. Specifically

Wood Group shares hit by Numis downgrade

In spite of a well-received trading update the previous session, Wood Group's stock pulled back sharply on Friday after Numis Securities downgraded its rating on the oilfield services and engineering group from 'add' to 'hold' due to oil-price headwinds. With the price of Brent crude nearing the $89

UK WINNERS & LOSERS: Telecom Plus Outperforming, Vedanta Falls

MARKET COMMENT: Stocks Extend Losses With Oil, Travel Stocks Worst Hit

Friday broker round-up UPDATE

British American Tobacco: Goldman Sachs reduces target price from 3530p to 3250p downgrading to sell. Brown (N) Group: UBS cuts target price from 490p to 445p leaving its buy recommendation unchanged. Diageo: Goldman Sachs reduces target price from 2030p to 1925p and keeps a neutral rating. Dixons

UK BROKER RATINGS: HSBC Cuts Centrica To Underweight From Overweight

Broker tips: HSBC, Vodafone, Wood Group, Centamin, Miners

Investec has upgraded HSBC, saying the banking group is regaining its appetite for lending. "We are mightily encouraged by evidence of returning risk appetite. We upgrade to 'add' from 'hold' and our target price to 650p from 620p," the broker said. Vodafone's recent share-price outperformance mean

Liberum Capital says 'sell' Wood Group on uncertainty

Liberum Capital is advising investors to 'sell' Wood Group amid concerns about falling oil prices and demand next year. Wood on Thursday forecast an annual performance in line with hopes and ahead of 2013 thanks to growth in its PSN production services arm and US shale gas. Liberum said it wanted i

UK WINNERS & LOSERS: Miners Lead FTSE 350 On Gold Price, Upgrade

BUZZ- John Wood Group: stock recovers on reiterated outlook

** British energy services company John Wood Group's shares up 4.7 pct after company says FY results would be in line with expectations, but ahead of 2013. ** Stock is amongst the top 5 pct gainers on the FTSE Midcap Index and recovers after hitting lowest since Feb in previous session.Read more

UK MORNING BRIEFING: Miners Lead FTSE 250 Gains After Fed Minutes

Wood Group lifted by US shale gas

Oil services supplier Wood Group forecast an annual performance in line with hopes and ahead of 2013 thanks to growth in its PSN production services arm and US shale gas. The company, which provides engineering, procurement and construction management, facility operations and maintenance, and turbin

John Wood Group Keeps Guidance As PSN Unit Continues To Drive Growth