FTSE 100 rises sharply despite Provident Financial nightmare
The FTSE 100 rose 63 points to 7,382 and the pound has slipped amid Brexit fears
Company
John Wood Group PLC
LON:WG.
John Wood Group PLC is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. The company provides consulting, projects and operations solutions in 60 countries, employing around 35,000 people.
197 stories · page 7 of 10
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Big miners to dominate day ahead, with BHP Billiton and Antofagasta to post results
Aside from the two mining blue chips, FTSE 100-listed housebuilder Persimmon PLC will also report its first half results on Tuesday
Shire shares down 3.5% after CFO announces quit plans
Cadence rose after it unveiled plans to offload one of its investments
Wood Group awarded a five-year, multi-million dollar contract by US oil giant Phillips 66
The deal will see the FTSE 250-listed firm provide supplemental maintenance services and support for small capital construction projects and turnarounds to the Sweeny Refinery, near Houston, Texas
Wood to sell Amec's UK offshore oil business to satisfy competition concerns
There are concerns the merger might affect the market for offshore oilfield services in the area.
Amec Foster Wheeler confirms Serious Fraud Office investigation but says no impact expected on takeover by Wood Group
Wood Group simply noted that, as disclosed by its planned takeover partner, it is “not possible to estimate reliably what effect the outcome of this matter may have on Amec Foster Wheeler”
Investments and investor services
FTSE 100 finishes strongly as dovish Fed chair Yellen reassures
The Footsie closed 87.17 higher, or 1.19% to 7,416...
Wood Group more cautious on full-year outlook after weaker than expected first half performance
The FTSE 250-listed firm – which saw its shareholders last week approve the group’s £2.22bn takeover of Amec Foster Wheeler PLC – said the first half had seen “continued challenges in our core oil & gas market with modest recovery only in c
FTSE 100 retreats as US jobs growth surprises on the downside
Blue-chip stocks just about held on to some gains after the US jobs report came in weaker than expected
Archive
AGM key for Amec Foster Wheeler, but US jobs more important for the market
Day ahead: US May jobs data; AGM for Amec Foster Wheeler
OPEC should make the headlines, but Petrofac and other oilfield services firms provide a big, black cloud
Petrofac was the London market’s biggest faller, with its share price plunging by nearly 30% to reach its lowest level since the first half of 2009, wiping around £630mln off its total market value
Petrofac suspends COO, ring-fences CEO's activities from a SFO probe related to Unaoil
On May 12, Petrofac revealed that Ayman Asfari , its CEO, and Marwan Chedid, its COO, had been questioned by the SFO in connection with the ongoing investigation
Wood Group secures contract with operator of oil and gas project Sakhalin-2
The contract extends Wood Group’s partnership with Sakhalin Energy Investment Company, the operator of Sakhalin-2
Amec Foster Wheeler confirms the extent of its troubles with 2016 results
The FTSE 250-listed firm reported a headline pre-tax loss of £542mln for the full-year to December 31 2016, up from a £235mln loss in 2015.
Numis bullish on Wood Group's "bold, opportunistic" bid for Amec Foster Wheeler
Numis analysts have upgraded Wood Group's price target to 929p and AMFW's to 670p and raised both companies ratings to ‘buy’, up from ‘add’ and ‘hold’ respectively
Wood Group raises possible cost savings from its agreed merger with Amec Foster Wheeler by £40mln
The FTSE 250-listed group said that after “further ongoing analysis” it now sees annual pre-tax cost synergies of at least £150mln by the end of the third year after completion of the deal, up from a previous estimate of £110mln
Wood Group awarded US$50mln contract by Premier Oil to provide North Sea maintenance services
The two year contract - which has three, one year extension options - retains more than 150 jobs and extends Wood Group’s support of Premier Oil in the North Sea
FTSE 100 closes lower on Trump fears; miners take a hit
The FTSE 100 is off over 60 points as US shares dive on infrastructure concerns
Wood Group takeover target Amec Foster Wheeler awarded a US$950mln contract from US Air Force Civil Engineer Center
The group said the five-year contract to sustain and improve Air Force and other US Department of Defense installations worldwide has an aggregate maximum value of US$950mln for the multiple awardees and is estimated to reach completion by
Amec Foster Wheeler retreats after Wood Group bid boost as Citi downgrades
In early trading, AMFW shares on the FTSE 250 index were down 1%, or 5.5p at 540.5p, having leapt 12% higher yesterday.