(Alliance News) - Stock prices in London closed mostly higher on Friday, after FTSE 100 leader Smiths Group pleased investors by announcing spin-offs and an increase to its buyback programme. Read More
(Alliance News) - Stock prices in London opened mixed but with gains for the FTSE 100 on Monday, while in Europe, Destatis reported that German producer prices unexpectedly declined in December. Read More
John Wood Group PLC - Aberdeen, Scotland-based oilfield and engineering services provider - Awarded "significant" new contract by Esso Australia Resources Pty Ltd to provide maintenance of onshore and offshore assets in Gippsland Basin in Victoria state. John Wood says the "long-term" contract starts this month and will create 250 jobs in Victoria. It doesn't provide the monetary value of the contract, nor its exact term. Read More
John Wood Group PLC - Aberdeen, Scotland-based oilfield and engineering services provider - Completes the sale of its stake in its joint venture focused on rotating equipment, Ethos Energy Group Ltd, to One Equity Partners LP for USD138 million in cash. Says the USD42 million of prior planned loan notes were replaced by an additional cash consideration at completion. Wood owned 51% of EthosEnergy with Siemens Energy AG and says it contributed USD34 million of adjusted earnings before interest, tax, depreciation and amortisation in 2023. Read More
(Alliance News) - John Wood Group PLC on Thursday said it has won a "significant" contract with OMV Petrom for a sustainable aviation fuel production project in Europe. Read More
(Alliance News) - The FTSE 100 was firmly in the red on Thursday, following a 'hawkish' speech from US Federal Reserve Chair Jerome Powell alongside the expected quarter-point rate cut. Read More
(Alliance News) - EnergyPathways PLC on Monday said it has agreed a strategic engineering partnership with Wood Group UK Ltd, a subsidiary of FTSE 250-listed John Wood Group PLC. Read More
(Alliance News) - London's blue-chips were struggling for direction around midday on Thursday, underperforming European peers, as a profit warning from retailer Frasers sparked alarm. Read More
John Wood Group PLC - Aberdeen, Scotland-based oilfield and engineering services provider - Signs three "major agreements" with oil major BP PLC for engineering and project delivery services. Does not give any financial details of the contracts but says they consist of one new three-year deal and three-year extensions of two others. They cover a new master services agreement for engineering, procurement and construction management services and the extension of contracts for conceptual engineering and front end engineering and design services. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Oxford Nanopore Technologies PLC on Wednesday said it is collaborating with UK Biobank for an "epigenetic dataset targeting the causes of cancer, dementia, complex disease". Read More
(Alliance News) - Vistry Group PLC is set to be demoted from the FTSE 100, with retailers Frasers Group PLC and B&M European Value Retail SA leaving with it, after a pair of warnings rocked investor confidence in the housebuilder. Read More
(Correcting time of US data releases.) Read More
(Alliance News) - Stocks in London are set to nudge a touch higher on Wednesday, recovering some lost ground after declining on Tuesday amid the threat of tariffs from incoming US president Donald Trump. Read More
(Alliance News) - Stocks in London are set to tread water on Wednesday, amid a hangover from a US tariff threat which sent equities lower on Tuesday, Read More
(Alliance News) - London's FTSE 250 fell into the red by midday on Monday, while across the Channel official figures showed significant growth in the eurozone's trade surplus. Read More
(Alliance News) - The following London-listed shares received analyst recommendations on Monday morning and Friday: Read More
(Alliance News) - The FTSE 100 ended lower on Thursday, while mid-caps jumped, as investors weighed election outcomes, central bank decisions and a slew of earnings. Read More
(Alliance News) - John Wood Group PLC shares tumbled on Thursday as the firm said it has turned to Deloitte to perform an independent review after exceptional contract write-offs. Read More