London close: Stocks maintain gains ahead of UK jobs data
11th Nov 2024 16:57
(Sharecast News) - London markets closed higher on Monday, with Croda International among the leaders after the specialty chemicals company reported a strong third-quarter sales update.
Read moreWood Group announces independent review, shares crater
7th Nov 2024 09:35
(Sharecast News) - Wood Group shares were in freefall on Thursday as the oil services firm announced the launch of an independent review of its business that could lead to restatements and said third-quarter trading in its Projects segment was "disappointing".
Read moreLondon close: Stocks finish lower as oil prices sink
15th Oct 2024 15:39
(Sharecast News) - London markets ended Tuesday in negative territory, driven primarily by a sharp decline in energy stocks following a drop in oil prices.
Read moreWood Group agrees sale of EthosEnergy, CEC Controls for $165m
28th Aug 2024 07:16
(Sharecast News) - Wood Group said on Wednesday that it has agreed the sale of two businesses for around $165m as part of its programme to dispose of non-core businesses.
Read moreLondon close: Stocks finish lower as oil prices retreat
20th Aug 2024 15:33
(Sharecast News) - London's stock markets ended the day in negative territory on Tuesday, pressured by declines in energy stocks as oil prices fell.
Read moreWood Group swings to H1 operating loss but FY guidance maintained
20th Aug 2024 07:36
(Sharecast News) - Wood Group said on Tuesday that it swung to an operating loss in the first half as revenue fell, but the engineering firm backed its outlook for this year and the next.
Read moreLondon close: Stocks slide amid big global selloff
5th Aug 2024 16:46
(Sharecast News) - London's stock markets ended sharply lower on Monday, as part of a broader global market downturn.
Read moreWood Group tumbles as Sidara walks away
5th Aug 2024 08:24
(Sharecast News) - Wood Group tumbled on Monday after Dubai-based engineering and consultancy firm Sidara said it won't be making a firm takeover offer for the company due to "geopolitical risks and financial market uncertainty".
Read moreWood Group backs full-year outlook despite revenue dip
11th Jul 2024 07:54
(Sharecast News) - John Wood Group reiterated its full-year outlook on Thursday, despite a fall in interim revenues.
Read moreLondon close: Stocks slip as investors digest Powell's comments
9th Jul 2024 15:24
(Sharecast News) - London stocks ended in negative territory on Tuesday, driven by concerns over a decline in retail sales and the impact of comments from US Federal Reserve chair Jerome Powell.
Read moreWood Group wins six-year contract at Shell Prelude facility
9th Jul 2024 07:17
(Sharecast News) - Engineering and consulting firm Wood Group has signed a six-year contract with energy giant Shell to provide brownfield engineering, procurement, and construction management solutions.
Read moreSidara's takeover deadline for Wood Group extended
3rd Jul 2024 16:36
(Sharecast News) - Wood Group said on Wednesday that the deadline for Sidara to either announce a firm intention to make an offer or walk away has been extended as the Dubai-based engineering and consultancy firm needs more time for due diligence.
Read moreWood Group to 'engage' with Sidara on takeover proposal
6th Jun 2024 07:34
(Sharecast News) - Wood Group said late on Wednesday that it had decided to "engage" with Sidara after the Dubai-based engineering and consulting firm made an improved and final takeover proposal last week at 230p a share.
Read moreSidara makes final takeover approach to Wood Group at 230p a share
29th May 2024 14:04
(Sharecast News) - Wood Group said on Wednesday that it was evaluating a fourth and final "unsolicited, preliminary and conditional" takeover proposal from Dubai-based engineering and consulting firm Sidara at 230p a share.
Read moreLondon close: Stocks mixed after disappointing retail sales data
24th May 2024 15:19
(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted to a larger-than-expected drop in UK retail sales.
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