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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: 181.60
Bid: 198.80
Ask: 172.60
Change: 1.60 (0.89%)
Spread: -26.20 (-13.179%)
Open: 180.00
High: 183.20
Low: 179.10
Prev. Close: 180.00
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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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
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Rentokil Initial PLCAGM
WPP PLCAGM
Thursday 9 May 
Ascential PLCAGM
BAE Systems PLCAGM
Balfour Beatty PLCAGM
Barclays PLCAGM
CAB Payments Holdings PLCAGM
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Clarkson PLCAGM
FBD Holdings PLCAGM
Genel Energy plcAGM
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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
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Rathbones Group PLCAGM
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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

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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
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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
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Monday 25 March 
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Henry Boot PLCFull Year Results
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Pennon Group PLCTrading Statement
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Tandem Group PLCFull Year Results
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Fevertree Drinks PLCFull Year Results
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Softcat PLCHalf Year Results
Time Finance PLCTrading Statement
TruFin PLCFull Year Results
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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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