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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: 192.90
Bid: 191.60
Ask: 192.00
Change: 27.90 (16.91%)
Spread: 0.40 (0.209%)
Open: 168.10
High: 207.80
Low: 162.20
Prev. Close: 165.00
WG. Live PriceLast checked at -

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London open: Markets rise on last-minute deal to save Cyprus

Mon, 25th Mar 2013 08:20

Stocks advanced strongly on Monday morning after 11th-hour talks to save Cyprus from default resulted in a last-minute bailout deal with the Troika."Markets clearly appear to be more hopeful than they ought to be on the Eurozone muddling through this crisis - this would suggest that any potential flare-ups in the Eurozone crisis (Spain, Italy, Greece or Cyprus) will have the potential to send shockwaves to risk sentiment," said ETX Capital's Head of Trading Joe Rundle.Also supporting stocks this morning was speculation surrounding a parliamentary testimony tomorrow by the Bank of Japan's new Governor Haruhiko Kuroda on hopes that he will use this opportunity to outline new easing measures. Kuroda vowed last week to use "all means available" to end combat deflection and kick-start growth.Cyprus reaches deal to save small depositorsFollowing a meeting of Eurozone finance ministers that lasted almost 12 hours, Cyprus agreed to a €10bn aid package that doesn't include a controversial across-the-board bank-account tax but involves forcing big losses on uninsured depositors. The plan will see Cyprus wind down its largely state-owned Laika bank, the second-largest in the country, and move deposits below €100,000 to the Bank of Cyprus to create a 'good bank'. Deposits over €100,000 will be frozen and used to resolve Laiki's debts and recapitalise the Bank of Cyprus."The agreement reached today on Cyprus provides a comprehensive and credible plan to deal with the current economic challenges in the country," said International Monetary Fund (IMF) Managing Director Christine Lagarde."The plan focuses on dealing with the two problem banks and fully protecting insured deposits in all banks. It addresses upfront the core problem of the banking system through a clear strategy that ensures debt sustainability and does not excessively burden the Cypriot taxpayer. This agreement provides the basis for restoring trust in the banking system, which is key to supporting growth."Abderdeen leads financials higher early onFinancial stocks were making gains this morning on improved sentiment following the last-minute deal in Cyprus. Asset management firm Aberdeen was leading the way higher after posting a 10% increase in assets under management to £212.3bn in the second quarter.Sector peer Schroders was also higher after reaching an agreement on a recommended 135p-a-share offer for Cazenove Capital that values the investment business at £424m. Banking stocks RBS, Lloyds and Barclays were also higher early on.Drinks giant SABMiller rose on plans to target further beer volume growth and share gains in its Latin American division of the next three to five years. Biopharmaceutical business AstraZeneca was also higher after settling a US patent infringement litigation.Wood Group, the energy services firm, edged higher after being awarded a $45m extension on a maintenance contract from Caltex in Australia.FTSE 100 - RisersAberdeen Asset Management (ADN) 435.20p +6.41%Schroders (SDR) 2,153.00p +2.87%Rolls-Royce Holdings (RR.) 1,123.00p +2.37%Vodafone Group (VOD) 187.70p +2.32%Royal Bank of Scotland Group (RBS) 299.20p +2.01%Barclays (BARC) 297.75p +1.97%ARM Holdings (ARM) 894.50p +1.76%easyJet (EZJ) 1,047.00p +1.55%TUI Travel (TT.) 315.70p +1.51%Hargreaves Lansdown (HL.) 882.00p +1.50%FTSE 100 - FallersEurasian Natural Resources Corp. (ENRC) 275.50p -3.44%United Utilities Group (UU.) 699.00p -1.41%Kingfisher (KGF) 286.00p -0.52%Severn Trent (SVT) 1,677.00p -0.36%Randgold Resources Ltd. (RRS) 5,615.00p -0.35%Antofagasta (ANTO) 1,030.00p -0.29%Imperial Tobacco Group (IMT) 2,289.00p -0.09%Whitbread (WTB) 2,515.00p -0.08%British American Tobacco (BATS) 3,485.50p -0.07%Intertek Group (ITRK) 3,364.00p -0.03%FTSE 250 - RisersThomas Cook Group (TCG) 119.60p +7.07%Kentz Corporation Ltd. (KENZ) 429.50p +3.57%888 Holdings (888) 165.80p +3.05%SIG (SHI) 165.70p +2.66%EnQuest (ENQ) 140.90p +2.62%Ferrexpo (FXPO) 174.60p +2.28%Ashtead Group (AHT) 585.50p +2.18%Ladbrokes (LAD) 223.80p +2.10%Amlin (AML) 432.60p +2.10%Phoenix Group Holdings (DI) (PHNX) 663.00p +2.08%FTSE 250 - FallersDrax Group (DRX) 605.50p -3.43%NMC Health (NMC) 335.00p -1.73%Daejan Holdings (DJAN) 3,597.00p -1.59%PZ Cussons (PZC) 404.90p -1.53%Dialight (DIA) 1,329.00p -1.19%United Drug (UDG) 265.00p -0.97%Diploma (DPLM) 575.00p -0.95%Bumi (BUMI) 302.50p -0.95%Berendsen (BRSN) 756.00p -0.92%COLT Group SA (COLT) 130.40p -0.91%BC
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13 Apr 2023 09:48

LONDON BROKER RATINGS: HSBC lifts housebuilders; Peel cuts Britvic

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

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4 Apr 2023 17:52

IN BRIEF: John Wood notes possible offer by Apollo for share capital

John Wood Group PLC - Aberdeen, Scotland-based energy sector-focused engineering and consulting business - Notes announcement by Apollo Management Holding LP of a possible offer for the entire share capital of the company at a final price of 240 pence per share in cash. The offer represents a 59% premium to the closing price of 151p, and a 20% premium to the initial proposal submitted to Wood of 200p per share in cash. It follows news that Apollo's last offer of 237p was privately rejected by the board of Wood.

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4 Apr 2023 16:59

Apollo sweetens bid for Britain's Wood Group with $2.1 bln offer

Wood privately rejected fourth offer - Apollo

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4 Apr 2023 16:15

Apollo makes final takeover offer for Wood Group at £1.66bn

(Sharecast News) - Private equity firm Apollo Global Management said on Tuesday that it has made a fifth and final takeover offer for engineering firm Wood Group at £1.66bn.

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31 Mar 2023 14:47

Berenberg downgrades Wood Group after outperformance

(Sharecast News) - Berenberg downgraded Wood Group on Friday to 'hold' from 'buy' following recent outperformance, as it lifted its price target to 200p from 165p due to "the improved outlook", but said near-term risks are somewhat balanced.

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31 Mar 2023 10:01

LONDON BROKER RATINGS: UBS likes Beazley; Berenberg cuts Wood Group

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

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31 Mar 2023 07:56

LONDON BRIEFING: UK avoids recession in 2022; house prices down 3%

(Alliance News) - Stocks in London were called to open flat on Friday, amid better-than-expected UK GDP figures.

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28 Mar 2023 10:40

John Wood swings to 2022 loss on business disposal impairment charge

(Alliance News) - John Wood Group PLC on Tuesday said it swung to a loss in 2022 due to a heavy exceptional impairment charge, as it failed to resume dividend payments.

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28 Mar 2023 07:49

Wood Group profits at top end of guidance

(Sharecast News) - Wood Group said on Tuesday that full-year profit was at the top end of its guidance range, thanks in part to solid performances from its consulting and operations businesses.

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21 Mar 2023 15:49

UK earnings, trading statements calendar - next 7 days

Wednesday 22 March 
Anpario PLCFull Year Results
Atalaya Mining PLCFull Year Results
Baillie Gifford Shin Nippon PLCFull Year Results
BioPharma Credit PLCFull Year Results
Blackbird PLCFull Year Results
Bloomsbury Publishing PLCTrading Statement
Essentra PLCFull Year Results
Fevertree Drinks PLCFull Year Results
Genel Energy PLCFull Year Results
Hostelworld Group PLCFull Year Results
Judges Scientific PLCFull Year Results
Kenmare Resources PLCFull Year Results
Literacy Capital PLCQ3 Results
LSL Property Services PLCFull Year Results
Mpac Group PLCFull Year Results
NAHL Group PLCFull Year Results
Pendragon PLCFull Year Results
Pharos Energy PLCFull Year Results
Sareum Holdings PLCHalf Year Results
Ten Entertainment Group PLCFull Year Results
Vistry Group PLCFull Year Results
Thursday 23 March 
C&C Group PLCTrading Statement
Energean PLCFull Year Results
Gulf Keystone Petroleum LtdFull Year Results
Inchcape PLCFull Year Results
Playtech PLCFull Year Results
Pollen Street PLCFull Year Results
Portmeirion Group PLCFull Year Results
Safestyle UK PLCFull Year Results
Wickes Group PLCFull Year Results
Friday 24 March 
Ceres Power Holdings PLCFull Year Results
JD Wetherspoon PLCHalf Year Results
NAHL Group PLCFull Year Results
Smiths Group PLCHalf Year Results
Sopheon PLCFull Year Results
Tribal Group PLCFull Year Results
Monday 27 March 
Aeorema Communications PLCHalf Year Results (TBC)
Belvoir Group PLCFull Year Results
Carnival PLCTrading Statement
CentralNic Group PLCFull Year Results
Crimson Tide PLCFull Year Results
Dialight PLCFull Year Results
eEnergy Group PLCHalf Year Results
Equals Group PLCFull Year Results
Hyve Group PLCTrading Statement
IQGeo Group PLCFull Year Results
Life Science REIT PLCFull Year Results
RTC Group PLCFull Year Results
SigmaRoc PLCFull Year Results
Tandem Group PLCFull Year Results
Thungela Resources LtdFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tuesday 28 March 
AG Barr PLCFull Year Results
Animalcare Group PLCFull Year Results
Bango PLCTrading Statement
Bellway PLCHalf Year Results
CPPGroup PLCFull Year Results
DigitalBox PLCFull Year Results
EKF Diagnostics Holdings PLCFull Year Results
Eleco PLCFull Year Results
Empresaria Group PLCFull Year Results
Flowtech Fluidpower PLCFull Year Results
Good Energy Group PLCFull Year Results
Impact Healthcare REIT PLCFull Year Results
James Fisher & Sons PLCFull Year Results
John Wood Group PLCFull Year Results
Marlowe PLCTrading Statement
Mortgage Advice Bureau Holdings PLCFull Year Results
Nanoco Group PLCHalf Year Results
Ocado Group PLCTrading Statement
Personal Group Holdings PLCFull Year Results
Petershill Partners PLCFull Year Results
Real Estate Investors PLCFull Year Results
Regional REIT LtdFull Year Results
S&U PLCFull Year Results
Softcat PLCHalf Year Results
Synthomer PLCFull Year Results
Team17 Group PLCFull Year Results
United Utilities Group PLCTrading Statement
VH Global Sustainable Energy Opportunities PLCFull Year Results
Xaar PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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20 Mar 2023 09:44

Unite says 1,400 UK offshore workers to strike 'within weeks'

March 20 (Reuters) - Some 1,400 UK offshore workers are preparing to strike "within weeks at sites operated by major oil and gas companies, the Unite union said on Monday.

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20 Mar 2023 08:18

Unite says 1,400 offshore workers across companies to strike at UK continental shelf

March 20 (Reuters) - British union Unite on Monday said multiple industrial actions would hit major oil and gas operators as 1,400 offshore workers get set to strike "within weeks."

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17 Mar 2023 09:39

John Wood extends deadline for takeover offer from Apollo to April 19

(Alliance News) - John Wood Group PLC on Friday said it agreed to extend the put-up-or-shut-up deadline for Apollo Global Management Inc to make a formal takeover offer.

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17 Mar 2023 07:16

Wood Group grants Apollo extension on bid deadline

(Sharecast News) - Private equity firm Apollo has been given an extension on whether it will formally bid for Wood Group after three prior approaches were rebuffed.

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14 Mar 2023 13:49

John Wood sells labour supply operations in Gulf of Mexico to Danos

(Alliance News) - John Wood Group PLC on Tuesday said it completed the sale of its offshore labour supply operations in the Gulf of Mexico to Louisiana-based energy services contractor Danos.

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