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

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

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Share Price: 147.30
Bid: 148.20
Ask: 148.50
Change: -2.10 (-1.41%)
Spread: 0.30 (0.202%)
Open: 148.40
High: 149.70
Low: 146.30
Prev. Close: 149.40
WG. Live PriceLast checked at -

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London close: Markets flat after choppy session, services PMIs weakens

Mon, 06th Jan 2014 16:37

- Miners limit gains after weak economic data- Services PMIs from China, UK, Eurozone and US weaken- RSA rises, UBS says takeover and break-up still possible- Retailers in focus ahead of updatestechMARK 2,792.25 +0.13%FTSE 100 6,730.73 0.00%FTSE 250 16,049.30 +0.18%UK markets ended flat on Monday after a choppy session amid an influx of economic data which showed that service-sector growth had slowed across the globe during December.The FTSE 100, which briefly pushed into positive territory in afternoon trade, finished just 0.06 points higher at 6,730.73 after paring gains before the close of trade."The party season is well and truly over, and City trading desks are back to full capacity," said Market Analyst Alastair McCaig from IG following a quiet festive season in terms of company news and economic data.He said that "traders are looking to keep their powder dry" ahead of a busy week that will see trading updates from a number of UK blue-chip stocks, along with central-bank meetings in the UK and Europe and the all-important US jobs report.Services PMIs point to slowdownPurchasing managers' indices (PMIs) from across the globe today showed that while activity in services sectors continued to expand in December, growth had eased on the previous month. This followed data last week which indicated a weakening in manufacturing growth in China, the US and UK in December.There was a surprise slowdown in growth in the UK services sector in December with the PMI falling from 60 to 58.8, below the 60.3 consensus forecast.The final estimate of the Eurozone services PMI was confirmed at 51 in December, down from 51.2 in November, with an ongoing contraction in France's services sector weighing on growth. Figures released overnight saw the China services PMI survey decline from 52.5 to 50.9, while the US ISM services index unexpectedly fell from 53.9 to 53 (forecast: 54.7).RSA gains after UBS comments, miners fall RSA Insurance was a high riser after UBS raised its target price for the stock and added it to its 'Alpha Preferences Most Preferred List', saying: "While there are significant uncertainties, we think that the balance of risks is to the upside." Meanwhile, the bank also said that a takeover and break-up of RSA still "remains a possibility", following recent market chatter.Leading the downside were mining stocks despite a rise in metal prices today as investors reacted to the worsening economic figures out from top metals consumer China. Fresnillo, Antofagasta, Randgold Resources and Rio Tinto all suffered heavy losses in afternoon trade. Gold miner Centamin, however, bucked the trend after beating analysts' estimates with its fourth-quarter production results.Retailers were under pressure ahead of trading updates from the likes of Marks & Spencer, Tesco and Sainsbury later this week. The festive reporting season has so far been a mixed bag, with a profit warning from Debenhams contrasting with a stellar update from Next on Friday.M&S was in the red today on speculation that it is a "likely candidate to suffer from the highly promotional and competitive clothing market", according to Equity Analyst Amisha Chohan from Sanlam Securities. Meanwhile, Sainsbury declined after rival chain Asda reported strong Christmas trading in both store and online.Petrofac rose after Deutsche Bank lifted the stock to 'buy', while oilfield services peer Wood Group was dampened after the bank cut its rating to 'hold'.FTSE 100 - RisersRSA Insurance Group (RSA) 97.90p +6.24%Hargreaves Lansdown (HL.) 1,491.00p +3.47%Persimmon (PSN) 1,290.00p +2.46%easyJet (EZJ) 1,597.00p +2.04%Ashtead Group (AHT) 790.00p +1.74%Barclays (BARC) 277.50p +1.70%Coca-Cola HBC AG (CDI) (CCH) 1,754.00p +1.68%Aggreko (AGK) 1,733.00p +1.64%International Consolidated Airlines Group SA (CDI) (IAG) 414.00p +1.52%ITV (ITV) 197.70p +1.49%FTSE 100 - FallersFresnillo (FRES) 735.50p -4.67%Antofagasta (ANTO) 787.00p -4.14%Randgold Resources Ltd. (RRS) 3,786.00p -3.52%Rio Tinto (RIO) 3,266.00p -3.09%G4S (GFS) 254.70p -2.11%Anglo American (AAL) 1,275.00p -1.70%Sainsbury (J) (SBRY) 367.80p -1.66%BHP Billiton (BLT) 1,828.50p -1.56%WPP (WPP) 1,361.00p -1.52%Royal Mail (RMG) 572.00p -1.38%FTSE 250 - RisersDunelm Group (DNLM) 979.00p +4.48%Restaurant Group (RTN) 612.50p +3.73%Diploma (DPLM) 723.00p +3.29%Centamin (DI) (CEY) 46.55p +2.94%Entertainment One Limited (ETO) 271.00p +2.85%Barratt Developments (BDEV) 370.90p +2.83%Telecom Plus (TEP) 1,797.00p +2.69%Pace (PIC) 320.30p +2.66%Halfords Group (HFD) 457.40p +2.53%UDG Healthcare Public Limited Company (UDG) 335.00p +2.45%FTSE 250 - FallersPolymetal International (POLY) 564.50p -4.48%Kazakhmys (KAZ) 201.30p -4.05%Wood Group (John) (WG.) 652.00p -3.76%NMC Health (NMC) 436.50p -2.98%Imagination Technologies Group (IMG) 179.60p -2.92%International Personal Finance (IPF) 520.00p -2.44%Petra Diamonds Ltd.(DI) (PDL) 119.00p -2.14%KCOM Group (KCOM) 96.65p -2.13%Micro Focus International (MCRO) 765.00p -1.92%Vedanta Resources (VED) 889.50p -1.77%BC
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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
  
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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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12 Jan 2024 17:01

LONDON MARKET CLOSE: Stocks in green thanks to US PPI reading

(Alliance News) - Stock prices in Europe ended the week on a positive note, as US producer price inflation repaired some of the damages from Thursday's consumer price reading.

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12 Jan 2024 15:39

London close: Stocks rise on positive UK economic data

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

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12 Jan 2024 12:14

CORRECT: LONDON MARKET MIDDAY: Stocks rise after promising UK GDP data

(Correcting euro quote.)

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