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Pin to quick picksWood Group (J) Share News (WG.)

Share Price Information for Wood Group (J) (WG.)

London Stock Exchange
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Share Price: 152.00
Bid: 151.80
Ask: 152.10
Change: 2.20 (1.47%)
Spread: 0.30 (0.198%)
Open: 149.40
High: 153.50
Low: 149.40
Prev. Close: 149.80
WG. Live PriceLast checked at -

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London close: Footsie runs out of steam

Wed, 26th Aug 2009 16:27

Wall Street's inability to hold onto new home sale-inspired gains was the final nail in the coffin for London, bringing to an end a six-day winning streak.Much of the blame lay with the UK-listed miners who hogged the list of largest losers on weaker metal prices.Antofagasta was among the worst hit after posting a sharp slide in pre-tax profits. For the six months to June 30, profit slumped to $476.6m from $1.66bn a year ago as revenues slid to $1.18bn from $2.4bn. Peers Fresnillo, Xstrata and Rio Tinto joined the retreat.It was much the same picture for oils, with pre-tax profits plunging at Tullow in the first half of the year as the firm felt the pinch of the slide in crude prices. Profit dived to £34.8m in the six months to June 30, down 83% from the £126m reported in 2008. Revenues skidded 23% lower to £291.3m. Cairn Energy also struggled after disappointing results Tuesday, while oilfield services group Petrofac was another out of favour after declaring figures earlier this week.WPP staggered lower after saying half-year results continued to reflect the impact of the global economic contraction, which intensified in the second quarter, though results for July did indicate a 'less-worse' picture. Pre-tax profit for the six months fell 47% to £179.3m, partly due to the impact of higher sterling translation of interest costs on Euro-denominated debt. On a brighter note, outsourcing specialist Serco topped the risers after it said its strong performance in the first half and the good start to the second period supports its expectation in achieving its financial guidance for 2009 and beyond. Pre-tax profit for the half-year increased 32.8% to £93.4m on revenue that rose to £1,950 from £1,491m. The strong results allowed the firm to hike dividends by 25% to 1.85p per share. Royal Bank of Scotland was wanted in the wake of Tuesday's cost-saving measures relating to its pension scheme.In the mid-cap index Punch Taverns is up for the second day in a row after Shore Capital reinitiated the pub group as a 'buy' after yesterday's trading update. Fellow pub landlord Enterprise Inns is also higher, as is pubs owner and brewer Marston's.Lovell, the affordable housing division of construction and regeneration specialist Morgan Sindall, has been chosen as a contractor for a £20m redevelopment programme in Hampshire. Meanwhile, support services and construction company Carillion has won three new contracts worth £121m. The company has been chosen by real estate investment trust Segro for a £50m project in Farnborough that will involve the construction of four office buildings in Farnborough.Oil services group John Wood saw profits slide in the half-year as the tough market conditions hit exploration and production (E&P) spending worldwide. The group said the recent higher oil prices are likely to have little impact on E&P spending in the second half.Oil and gas firm Melrose Resources saw first half revenue and profit tumble as a result of lower oil prices and the planned cessation of production from its Galata field.Sector peer Premier Oil has plugged and abandoned the Frida Marine-1 well in the Congo Marine XI permit. Ireland's largest bookmaker Paddy Power reported a decline in half year pre-tax profit but saw 20% growth in online customers.In vitro diagnostics firm Axis-Shield saw profits almost double in the first half and said business remains strong. Underlying pre-tax profit rose to £3.6m in the six month ended 30 June compared with £1.6m last time. Statutory pre-tax profit increased to £7.5m from £1.6m.FTSE 100 - RisersSerco Group (SRP) 482.30p +6.00%Royal Bank of Scotland Group (RBS) 56.60p +5.30%Schroders NV (SDRC) 924.50p +2.84%Schroders (SDR) 1,097.00p +2.72%Diageo (DGE) 996.50p +2.57%Admiral Group (ADM) 1,070.00p +2.49%Morrison (Wm) Supermarkets (MRW) 274.50p +1.59%Old Mutual (OML) 94.00p +1.57%Centrica (CNA) 239.10p +1.31%SABMiller (SAB) 1,434.00p +1.27%FTSE 100 - FallersFresnillo (FRES) 604.00p -5.18%Antofagasta (ANTO) 752.00p -4.75%Cairn Energy (CNE) 2,479.00p -4.14%Xstrata (XTA) 825.50p -4.12%Rio Tinto (RIO) 2,381.50p -3.99%Tullow Oil (TLW) 1,053.00p -3.92%Petrofac Ltd (PFC) 872.50p -3.80%Amec (AMEC) 777.50p -3.36%Lonmin (LMI) 1,471.00p -3.10%Kazakhmys (KAZ) 917.50p -2.91%FTSE 250 - RisersRedrow (RDW) 240.50p +5.34%Ashtead Group (AHT) 78.90p +5.20%Kier Group (KIE) 1,132.00p +5.11%Enterprise Inns (ETI) 171.40p +4.90%Marston's (MARS) 106.30p +4.83%Spirent Communications (SPT) 78.35p +4.40%Henderson Group (HGG) 123.70p +4.39%Keller Group (KLR) 647.00p +4.35%F&C Asset Management (FCAM) 76.85p +4.13%Mcbride (MCB) 143.80p +3.98%FTSE 250 - FallersBlueBay Asset Management (BBAY) 285.50p -7.00%Ferrexpo (FXPO) 155.20p -6.51%SIG (SHI) 136.00p -6.34%Cookson Group (CKSN) 389.90p -5.36%John Wood Group (WG.) 308.40p -5.20%Galiform (GFRM) 61.25p -4.82%Barratt Developments (BDEV) 246.10p -4.50%Novae Group (NVA) 320.00p -4.48%Moneysupermarket.com (MONY) 83.15p -4.32%GKN (GKN) 111.60p -4.29%
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2 May 2024 13:48

UK shareholder meetings calendar - next 7 days

Friday 3 May 
Ashoka India Equity Investment Trust PLCGM re share issue
HSBC Holdings PLCAGM
Intercontinental Hotels Group PLCAGM
Mondi PLCAGM
More Acquisitions PLCAGM
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Caledonia Mining Corp PLCAGM
CPPGroup PLCAGM
Just Group PLCAGM
Macfarlane Group PLC AGM
Plus500 LtdAGM
Supernova Digital Assets PLCAGM
Wednesday 8 May 
Airea PLCAGM
Antofagasta PLCAGM
Aston Martin Lagonda Global Holdings PLCAGM
Deltex Medical Group PLCAGM
Direct Line Insurance Group PLCAGM
Fidelity European Trust PLCAGM
Haleon PLCAGM
Jardine Matheson PLCAGM
JZ Capital Partners LtdEGM re investing in a secondary fund
Oscillate PLCAGM
Pershing Square Holdings LtdAGM
Rentokil Initial PLCAGM
WPP PLCAGM
Thursday 9 May 
Ascential PLCAGM
BAE Systems PLCAGM
Balfour Beatty PLCAGM
Barclays PLCAGM
CAB Payments Holdings PLCAGM
Catenai PLCGM re convertible loan note
Clarkson PLCAGM
FBD Holdings PLCAGM
Genel Energy plcAGM
Gym Group PLCAGM
Harbour Energy PLCAGM
Hiscox LtdAGM
IMI PLCAGM
Inchcape PLCAGM
Indivior PLCAGM
John Wood Group PLCAGM
Jupiter Fund Management PLCAGM
Logistics Development Group PLCAGM
Man Group PLCAGM
Morgan Advanced Materials PLCAGM
OSB Group PLCAGM
Public Policy Holding Co IncAGM
Rathbones Group PLCAGM
RM PLCAGM
Spire Healthcare Group PLCAGM
Synthomer PLCAGM
Uniphar PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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2 May 2024 13:44

UK earnings, trading statements calendar - next 7 days

Friday 3 May 
InterContinental Hotels Group PLCTrading Statement
Mondi PLCTrading Statement
Trainline PLCFull Year Results
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Arecor Therapeutics PLCFull Year Results
BP PLCQ1 Results
Ebiquity PLCFull Year Results
IWG PLCTrading Statement
Kosmos Energy LtdQ1 Results
MaxCyte IncQ1 Results
Trident Royalties PLCTrading Statement
Vaalco Energy IncQ1 Results
Wednesday 8 May 
Alliance Pharma PLCFull Year Results
boohoo group PLCFull Year Results
Brighton Pier Group PLCFull Year Results
Cornerstone FS PLCFull Year Results
HydrogenOne Capital Growth PLCTrading Statement
JD Wetherspoon PLCTrading Statement
Light Science Technologies Holdings PLCFull Year Results
OSB Group PLCTrading Statement
Renishaw PLCTrading Statement
Thursday 9 May 
Balfour Beatty PLCTrading Statement
Derwent London PLCTrading Statement
Flutter Entertainment PLC Trading Statement
Harbour Energy PLCTrading Statement
IMI PLCTrading Statement
ITV PLCTrading Statement
John Wood Group PLCTrading Statement
Rathbones Group PLCTrading Statement
Spire Healthcare Group PLCTrading Statement
Synthomer PLCTrading Statement
Wheaton Precious Metals CorpQ1 Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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29 Apr 2024 09:47

IN BRIEF: John Wood promotes Houston-based exec to lead strategy

John Wood Group PLC - Aberdeen, Scotland-based consulting and engineering for energy and materials sectors - Promotes Jennifer Richmond to chief strategy officer, a newly created role, from executive president of strategy & development. Richmond will be based in Houston, Texas and report to Chief Executive Officer Ken Gilmartin. She joined Wood in 2022 from New York-listed engineering peer Jacobs Solution Inc. Wood says Richmond will focus on "accelerating sustainable growth in energy and materials" and "realising further value for our stakeholders". The appointment comes after Wood earlier this month came under pressure from a large shareholder to explore a sale or a US listing to maximise value.

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16 Apr 2024 12:47

Sparta Capital urges Wood Group to seek sale, rethink UK listing

LONDON, April 16 (Reuters) - Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group to consider either selling itself or to reconsider its UK listing, according to a letter from the fund manager on Tuesday.

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16 Apr 2024 10:33

Sparta Capital urges Wood Group to seek sale, rethink UK listing

LONDON, April 16 (Reuters) - Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group to consider either selling itself or to reconsider its UK listing, according to a letter from the fund manager on Tuesday.

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16 Apr 2024 07:01

PRESS: John Wood faces call to set itself up for sale from shareholder

(Alliance News) - John Wood Group PLC is facing a call from a large shareholder to explore a sale, Sky News reported on Monday evening.

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8 Apr 2024 09:25

Berenberg cuts Wood Group target on weak cash generation

(Sharecast News) - Wood Group is "on the right track" with its turnaround, according to Berenberg, but the broker still cut its target price for shares of the energy and materials engineering and consulting business following the group's recent results.

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8 Apr 2024 09:13

LONDON BROKER RATINGS: Wizz Air raised; HSBC cuts Rentokil to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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26 Mar 2024 17:06

London close: Stocks rise as US consumer confidence remains stable

(Sharecast News) - London markets closed in positive territory on Tuesday, buoyed by a stable US consumer confidence report and anticipation for upcoming inflation data.

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26 Mar 2024 16:59

LONDON MARKET CLOSE: FTSE 100 closes higher on busy corporate day

(Alliance News) - Stock prices in London closed higher on Tuesday, as investors are waiting to see a key inflation reading from the US on Friday.

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26 Mar 2024 09:34

Wood Group eyes cost cuts as hails "significant progress" on strategy

(Alliance News) - John Wood Group PLC on Tuesday announced improved annual earnings, lifted its outlook and announced a "simplification programme" to trim costs.

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26 Mar 2024 09:19

Wood Group misses estimates for 2023 but upgrades guidance

(Sharecast News) - Shares in Wood Group slumped on Tuesday despite an upgrade to its current-year outlook, as the engineering company reported wider-than-expected losses and increased debt levels for 2023.

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19 Mar 2024 15:54

UK earnings, trading statements calendar - next 7 days

Wednesday 20 March 
Computacenter PLCFull Year Results
EKF Diagnostics Holdings PLCFull Year Results
Eurocell PLCFull Year Results
FDM Group PLCFull Year Results
Investec PLCTrading Statement
IQGeo Group PLCFull Year Results
Kenmare Resources PLCFull Year Results
Prudential PLCFull Year Results
VietNam Holding LtdHalf Year Results
Thursday 21 March 
Aptitude Software Group PLCFull Year Results
Aquis Exchange PLCFull Year Results
Centamin PLCFull Year Results
Direct Line Insurance Group PLCFull Year Results
Dowlais Group PLCFull Year Results
Energean PLCFull Year Results
Gulf Keystone Petroleum LtdFull Year Results
Hostelworld Group PLCFull Year Results
Ithaca Energy PLCFull Year Results
M&G PLCFull Year Results
National World PLCFull Year Results
Next PLCFull Year Results
Science Group PLCFull Year Results
Secure Trust Bank PLCFull Year Results
Tribal Group PLCFull Year Results
Friday 22 March 
Dunedin Enterprise Investment Trust PLCFull Year Results
JD Wetherspoon PLCHalf Year Results
Phoenix Group Holdings PLCFull Year Results
SkinBioTherapeutics PLCHalf Year Results
Monday 25 March 
Amaroq Minerals LtdFull Year Results
Baillie Gifford Shin Nippon PLCFull Year Results
Central Asia Metals PLCFull Year Results
Gamma Communications PLCFull Year Results
Henry Boot PLCFull Year Results
Impact Healthcare REIT PLCFull Year Results
Kingfisher PLCFull Year Results
Pennon Group PLCTrading Statement
Princess Private Equity Holding LtdTrading Statement
RTC Group PLCFull Year Results
Tandem Group PLCFull Year Results
Ocean Harvest Technology Group PLCFull Year Results
Octopus Renewables Infrastructure Trust PLCFull Year Results
Virgin Wines UK PLCHalf Year Results
US Solar Fund PLCFull Year Results
Tuesday 26 March 
888 Holdings PLCFull Year Results
AG Barr PLCFull Year Results
Airea PLCFull Year Results
Bellway PLCHalf Year Results
CAB Payments Holdings PLCFull Year Results
CPPGroup PLCFull Year Results
Fevertree Drinks PLCFull Year Results
Flutter Entertainment PLCFull Year Results
Forterra PLCFull Year Results
Genel Energy PLCFull Year Results
GetBusy PLCFull Year Results
Good Energy Group PLCFull Year Results
Inspired PLCFull Year Results
John Wood Group PLCFull Year Results
Life Science REIT PLCFull Year Results
Luceco PLCFull Year Results
Michelmersh Brick Holdings PLCFull Year Results
NIOX Group PLCFull Year Results
Ocado Group PLCTrading Statement
Petershill Partners PLCFull Year Results
Regional REIT LtdFull Year Results
Smiths Group PLCHalf Year Results
Softcat PLCHalf Year Results
Time Finance PLCTrading Statement
TruFin PLCFull Year Results
WAG Payment Solutions PLCFull Year Results
Xaar PLCFull Year Results
YouGov PLCHalf Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
15 Feb 2024 09:20

IN BRIEF: John Wood Group adds Babcock CEO David Lockwood to board

John Wood Group PLC - Aberdeen, Scotland-based energy and materials engineering and consulting - Hires David Lockwood as non-executive director, joining the board on March 12. Lockwood is the chief executive officer of London-based aerospace and defence contractor Babcock International Group PLC. Prior to Babcock, Lockwood was CEO of Babcock peer Cobham PLC and of electronics firm Laird PLC. Wood Chair Roy Franklin says Lockwood "is an innovative leader who has led large-scale company transformations and consistently delivered value for shareholders, making him a strong addition to Wood's board." Babcock welcomes the appointment, believing it will be "beneficial to both organisations".

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29 Jan 2024 09:12

LONDON BROKER RATINGS: Berenberg raises IMI; Exane BNP cuts Schroders

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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