Wood Group (J) Share News (WG.)

Wood Group CEO to retire as annual losses narrow

(Sharecast News) - Wood Group chief executive Robin Watson on Wednesday said he was retiring as the company narrowed annual losses and forecast higher revenues for the coming year, but warned of a cash drag.

UK dividends calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

LONDON MARKET CLOSE: Nervy trade in Europe but CAC spared by Macron

(Alliance News) - European markets started an abbreviated trading week with trepidation on Monday, ahead of a key few days on the inflationary and central bank front.

Jefferies upgrades Wood Group to 'hold'

(Sharecast News) - Jefferies upgraded Wood Group on Monday to 'hold' from 'underperform' in the absence of any incremental specific company announcements to change its valuation.

LONDON MARKET MIDDAY: CAC moves green for Macron, FTSE 100 lags

(Alliance News) - Stocks in Europe were having a mixed day on Monday, with the FTSE 100 feeling the weight of a poor UK GDP reading, but the CAC 40 in Paris gaining as investors in France show confidence in President Emmanuel Macron - as he looks set to extend his time in office.

IN BRIEF: John Wood sets new date for annual results after audit issue

John Wood Group PLC - Aberdeen-based provider of project, engineering and technical services - Plans to publish its annual results on April 20 after a delay to finalise its reported results and to conclude the year-end audit process. Adds that the delay also allowed for an external investigation and review of the historical carrying value of its Aegis Poland project contract to be undertaken.

LONDON BROKER RATINGS: Jefferies raises John Wood; Investec cuts Metro

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Wood Group confirms FY results remain in line with guidance

(Sharecast News) - Wood Group said on Monday that its full-year results remain in line with the guidance given in January and that the exceptional charge related to the Aegis Poland contract remains at around $100m.

UK earnings, trading statements calendar - next 7 days

LONDON MARKET CLOSE: Shaky gains for FTSE 100 as Ukraine tensions rise

(Alliance News) - London's FTSE 100 index posted cautious gains on Tuesday amid some upbeat corporate earnings, but the move higher looked fragile against the escalating crisis in Ukraine.

LONDON MARKET MIDDAY: Stocks recover early losses; oil nears USD100

(Alliance News) - Stock prices in London were mostly lower at midday on Tuesday as Russia prepared to send troops into two breakaway regions of Ukraine, though the FTSE 100 found support from oil majors and medical devices firm Smith & Nephew.

LONDON MARKET OPEN: Hargreaves Lansdown sinks amid investment plans

(Alliance News) - Stock prices fell in London as the Russia-Ukraine crisis escalated, triggering planned Western sanctions against Moscow, while shares of retail investment platform Hargreaves Lansdown sank amid fears that structural investment will hurt future earnings.

TOP NEWS: John Wood to take USD100 million hit from Poland project

(Alliance News) - John Wood Group warned it will take a USD100 million exceptional charge against 2021 results, related to a project that came with its acquisition of Amec Foster Wheeler.

LONDON BRIEFING: Oil pushes toward USD100 a barrel on Russia move

(Alliance News) - Russia's decision to recognize two separatist regions of Ukraine and send in troops to the area was sending oil towards USD100 a barrel early Tuesday, with gold also surging in price.