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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: 195.80
Bid: 193.20
Ask: 193.50
Change: 1.80 (0.93%)
Spread: 0.30 (0.155%)
Open: 193.80
High: 195.90
Low: 191.30
Prev. Close: 194.00
WG. Live PriceLast checked at -

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London midday: Stocks rise after flurry of corporate updates

Thu, 01st Nov 2012 11:50

- Results impress from BT, BSkyB, Lloyds... - Markets await barrage of economic data Stateside- Chinese manufacturing beats expectationsImpressive gains from BT Group, Lloyds, BSkyB and Legal & General were lifting the FTSE 100 higher on Thursday, with better-than-expected economic figures from China providing a catalyst for buying.The HSBC Chinese manufacturing sector purchasing managers' index for the month of October rose to 49.5, from 47.9 in the month before, according to survey compiler Markit. This was an eight-month high and not far from the key level of 50 which indicates that the sector contraction has ceased. The consensus estimate was for 49.1. In UK economic news, manufacturing PMI for the month of October retreated to 47.5 points, after a reading of 48.1 (preliminary: 48.4) in the month before, according to the figures released by Markit. The consensus estimate had been for a reading of 48.Markets across Europe were broadly higher today, though gains were moderate. Indices are "lacking a whole lot of conviction and volume as most of Europe observes All Saints' Day," said market strategist Ishaq Siddiqi from ETX Capital.Investors will likely be keeping a close eye on the US today as a barrage of economic indicators Stateside come out in the next few hours. In total, nine separate pieces of data are due out today, including consumer confidence, construction spending and jobless claims.FTSE 100: BT, Lloyds are standout performers after resultsTelecommunications giant BT surged after it bumped up its interim dividend following a solid second quarter which saw profits before tax grow 7% despite a 9% fall in adjusted revenue. Banking giant Lloyds rose strongly after an 'in-line' third-quarter statement. The lender said that it is making progress despite delivering a statutory loss before tax of £583m for the first nine months of the year, including a further Payment Protection Insurance (PPI) provision of £1bn in the third quarter.Pay-TV and broadband provider BSkyB advanced after seeing decent growth across the board in the first quarter, helped by the number of high-profile sporting events that fell in the period, such as the US Open, Ryder Cup and Olympic Games. Anglo-Dutch integrated oil major Shell rose after its third-quarter net income was comfortably ahead of expectations. "I am pleased with our progress in a difficult industry environment. There is more to come from Shell," said CEO Peter Voser. Investments and insurance group Legal & General was wanted after generating record revenues in the third quarter, with UK and US protection sales each rising by around a third. Oilfield support services company Wood Group also rose after announcing that a series of management changes has come into effect today, including the retirement of its Chairman Sir Ian Wood. However, not all updates received approval by the markets this morning: speciality chemicals group Croda tanked after selling its Italian business and saying that month-to-month trading in the third quarter had been "volatile". Commodities trader and mines owner Glencore was subdued after saying its third quarter was a good one, despite generally weaker commodity prices. Oil and gas firm BG Group was continuing to fall after cutting back production guidance yesterday. Shares are now down 16% on the week.FTSE 250: Centamin and Dixons surge; Chemring plummetsGold miner Centamin jumped after shares were restored to trading; the stock was suspended on Tuesday after media reports suggested that a court had over-ruled a 2005 decision to award the company its flagship contract to mine at the Sukari project in Egypt. In a written statement yesterday, Centamin reassured that no written decision has yet been made but it still stood firm that the court does not have jurisdiction to cancel the concession.Electricals retailer Dixons was registering impressive gains on news that its main High Street rival, Comet, is likely to go into administration.Defence contractor Chemring disappointed investors today after reducing profit expectations for the financial year ended October 31st following delays and technical problems in a number of contracts.FTSE 100 - RisersBT Group (BT.A) 226.20p +6.45%Lloyds Banking Group (LLOY) 43.15p +6.35%British Sky Broadcasting Group (BSY) 744.50p +5.01%Legal & General Group (LGEN) 139.10p +3.81%Royal Bank of Scotland Group (RBS) 284.90p +3.22%Barclays (BARC) 233.85p +2.79%Next (NXT) 3,646.00p +2.24%Burberry Group (BRBY) 1,191.00p +2.14%ARM Holdings (ARM) 675.50p +1.58%Rolls-Royce Holdings (RR.) 867.50p +1.52%FTSE 100 - FallersBG Group (BG.) 1,097.00p -4.40%Croda International (CRDA) 2,143.00p -2.64%Tullow Oil (TLW) 1,387.00p -1.21%Old Mutual (OML) 170.00p -1.16%Smith & Nephew (SN.) 648.00p -1.07%Petrofac Ltd. (PFC) 1,593.00p -0.69%Randgold Resources Ltd. (RRS) 7,350.00p -0.68%Meggitt (MGGT) 383.70p -0.60%Serco Group (SRP) 563.50p -0.53%Morrison (Wm) Supermarkets (MRW) 266.50p -0.52%FTSE 250 - RisersCentamin (DI) (CEY) 72.95p +14.30%Dixons Retail (DXNS) 23.44p +13.79%Home Retail Group (HOME) 122.30p +7.19%Hunting (HTG) 792.50p +5.88%Heritage Oil (HOIL) 200.00p +3.47%Domino's Pizza Group (DOM) 522.50p +3.36%Halfords Group (HFD) 356.20p +3.07%Moneysupermarket.com Group (MONY) 138.00p +2.99%Soco International (SIA) 347.70p +2.93%Cookson Group (CKSN) 598.00p +2.66%FTSE 250 - FallersChemring Group (CHG) 259.50p -17.28%SDL (SDL) 505.00p -4.81%Henderson Group (HGG) 113.50p -2.99%Lonmin (LMI) 500.00p -2.53%Perform Group (PER) 390.90p -2.52%Mondi (MNDI) 665.00p -2.49%Hochschild Mining (HOC) 483.30p -2.36%Playtech Ltd. (PTEC) 415.40p -1.94%ITE Group (ITE) 189.70p -1.81%RPS Group (RPS) 229.90p -1.71%BC
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10 May 2024 10:10

Berenberg hikes target price on John Wood

(Sharecast News) - Analysts at Berenberg raised their target price on engineering and consulting business John Wood Group from 150.0p to 220.0p on Friday following the group's first-quarter trading statement that came hot on the heels of news that it had rejected a takeover bid at 205.0p per share.

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10 May 2024 09:52

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

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9 May 2024 12:57

John Wood first quarter revenue drops but keeps positive outlook

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Wood Group Q1 EBITDA rises but revenues fall

(Sharecast News) - Wood Group posted a rise in first-quarter EBITDA but a drop in revenue on Thursday, a day after saying it had rejected a £1.4bn takeover proposal from Dubai-based Sidara.

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8 May 2024 18:15

UPDATE: Sidara ponders next move after John Wood rejects bid approach

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8 May 2024 17:46

FTSE 100 hits record high, pound slips ahead of BoE verdict

FTSE 100 up 0.5%, FTSE 250 adds 0.4%

*

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8 May 2024 16:54

LONDON MARKET CLOSE: Shares rise as eyes turn to Bank of England

(Alliance News) - Stock prices in London closed higher on Wednesday, with the FTSE 100 achieving another record high and markets in a confident mood ahead of Thursday's Bank of England decision.

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8 May 2024 16:36

London close: Stocks rise further ahead of BoE decision

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8 May 2024 13:56

UK's Wood Group rejects engineering firm Sidara's 1.4 bln pound bid

May 8 (Reuters) - British oilfield services and engineering firm John Wood Group rejected a potential 1.42 billion pound ($1.77 billion) buyout proposal from Dubai-based firm Sidara on Wednesday, saying it "undervalued Wood and its future prospects".

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8 May 2024 13:22

Wood Group surges after rejecting 205p a share takeover proposal from Sidara

(Sharecast News) - Wood Group surged on Wednesday after saying it had rejected a 205p a share takeover proposal from Dubai-based engineering and consulting company Sidara, valuing it at more than £1.4bn.

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8 May 2024 12:56

TOP NEWS: Shares in John Wood soar after it spurns bid from Sidara

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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
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BP PLCQ1 Results
Ebiquity PLCFull Year Results
IWG PLCTrading Statement
Kosmos Energy LtdQ1 Results
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Trident Royalties PLCTrading Statement
Vaalco Energy IncQ1 Results
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boohoo group PLCFull Year Results
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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 
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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.

Read more
29 Apr 2024 09:47

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

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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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