Wood Group (J) Share News (WG.)

LONDON MARKET CLOSE: Confident trade as US inflation rate cools

(Alliance News) - Stock prices in London closed higher on Wednesday, while the dollar struggled after a softer US inflation reading and weaker retail sales data, which put pressure on the Federal Reserve to consider rate cuts soon.

TOP NEWS: John Wood rejects improved takeover proposal by Sidara

(Alliance News) - John Wood Group PLC on Wednesday said it rejected a new takeover proposal from Dar Al-Handasah Consultants Shair & Partners Holdings Ltd, known as Sidara.

Wood Group rejects 212p a share takeover proposal from Sidara, shares tumble

(Sharecast News) - Wood Group tumbled on Wednesday after saying it had rejected a second, improved £1.5bn takeover proposal from Dubai-based engineering and consulting company Sidara.

London close: Stocks take a breather after last week's surge

(Sharecast News) - London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning streak that propelled the FTSE 100 to a new all-time high.

LONDON MARKET MIDDAY: Stocks flat as IPO chat brightens up subdued day

(Alliance News) - Stocks in London marked time on Monday, consolidating recent gains, ahead of a key week of US economic data.

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.

LONDON BROKER RATINGS: UBS raises Trainline, cuts Kingspan

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

John Wood first quarter revenue drops but keeps positive outlook

(Alliance News) - John Wood Group PLC on Thursday reported a drop in its quarterly sales, but maintained an upbeat outlook.

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.

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

(Alliance News) - Sidara on Wednesday said it is "considering its next steps" after John Wood Group PLC rejected a takeover approach.

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

FTSE 100 up 0.5%, FTSE 250 adds 0.4%

*

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.

London close: Stocks rise further ahead of BoE decision

(Sharecast News) - London's stock markets closed with gains on Wednesday, bolstered by a dip in the value of the pound against both the dollar and the euro.

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".

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.