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Broker tips: Wood Group, GCP
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.
US open: Dow continues to rally, Nasdaq heads south
Wall Street stocks were mostly in the green early on Friday, with the blue-chip Dow Jones on track for an eighth-straight winning session.
US pre-open: Dow Jones on track for eighth-straight winning session
Wall Street futures were in the green ahead of the bell on Friday as the blue-chip Dow Jones was on track for an eighth-straight winning session.
Berenberg hikes target price on John Wood
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.
TT Electronics reiterates FY outlook, YTD revenues down 2%
Electronic components TT Electronics reiterated its full-year outlook on Friday despite "continuing global macroeconomic uncertainty".
Mothercare shares slide as group enters refinancing negotiations
Retailer Mothercare shares nosedived in early trading as the group revealed it had entered refinancing negotiations as demand for its products continued to be subdued.