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The Latest Breaking News from Wood

Wood opens books to Apollo as deal deadline approaches

An extension has been granted ahead of a final offer being agreed between the two companies

Insider UK

Apollo makes £1.7 billion final offer for engineer John Wood Group

Apollo had already submitted four previous bids, which Wood’s board say “undervalue the group”

Evening Standard

Wood reports $568 million full-year loss

Results follow a year of change for the engineering group, including division sales and new leadership

Insider UK

From analysis to the latest developments in health,
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Dow Jones Ends Higher As Homebuilders Shine; Apple Makes Big Move As Cathie Wood Stocks Sell Off

Dow Jones whipsaws. Apple plans a $1 billion spend on movies per year to boost Apple TV+.

Investors Business Daily

North Sea oil and gas workers vote to strike amid bumper profits

Series of actions planned this spring as union members call for more pay since firms are ‘raking it’

The Guardian - UK

FBI believe missing mother of eight was murdered after last call to her children

Heather Kelley’s pickup truck was found burning the morning after her disappearance, with her blood and hair inside

The Independent UK

Wood rebuffs private equity takeover bids

Board states that offers 'significantly undervalued' the group's prospects

Insider UK

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John Wood Group rejects takeover bids from US private equity firm Apollo

Apollo has until 22 March to announce a firm intention to make a takeover offer or walk away

The Guardian - UK

Wood reports rising revenue, despite adverse FX movements

Trading 'in line with expectations' according to stock exchange update

Insider UK

Four things learned from Notts County's 1-1 draw with Boreham Wood

Notts County news from NottinghamshireLive as we look at the key talking points from Meadow Lane

Nottingham Post

Wood reveals refreshed strategy

Trading update also gives expectations, with revenue on target for more than $5bn and around $400m in earnings at full-year

Insider UK

Bristol Rovers verdict: Aberration from out of the blue and Joey Barton leaves no room for doubt

Sam Frost's verdict after Bristol Rovers were knocked out in the second round of the FA Cup with a 2-0 defeat to non-league Boreham Wood at the Mem on Sunday

Bristol Post

Wood settles legacy lawsuit for $115 million

The group will fund the pay-off partly through the sale of its built environment business

Insider UK

Recruitment underway at Pensana as orders placed for infrastructure to build £150m chemical plant

Inward investor gives City update on rare earth separation site

Birmingham Post

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news in one place.

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Benzinga

What To Know About Investing In Private Companies: Ark Invest's New Fund

In September, Titan announced a new partnership with Cathie Wood's Ark Invest to provide access to the new Ark Venture Fund, a brand new, exclusive private equity fund for retail investors.

Evening Standard

The best bars in Brixton, from Hacha to ABV

Whether it’s for a first date or a big night out, here’s where to drink and be drunk in SW9

Insider UK

Wood wins $350 million BP contract

Multi-region, five-year deal will cover repairs and modifications to the energy giant's offshore installations

Insider UK

Wood to deliver design services for Salamander floating wind farm

The engineering consultancy will provide planning, costing and risk-assessment of the process

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news in one place.

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Insider UK

Wood appoints new executive president for operations

Based in Aberdeen, he succeeds Stephanie Cox, following her decision to leave the business

Daily Record

Red-hot Thorniewood United thump Chryston in searing temperatures

On-fire 'Wood hit six in a friendly, even as thermometers went over 30 degrees

Insider UK

Wood Group promotes COO to CEO

Current boss will make way in July, but stay on until September to ensure a smooth transition

Insider UK

Wood Group sells environment and infrastructure business for $1.81 billion

Proceeds may be used to accelerate regulatory fine payments and restore an ordinary dividend

Benzinga

How To Learn From Cathie Wood's Mistakes Or Risk Massive Underperformance

Cathie Wood's investment strategy deserves some attention. Not because it should be modeled, but because investors can learn from the Ark Invest CEO's mistakes and hope to avoid falling into the same traps.

StockNews.com

5 Hard-Hit Tech Stocks That Cathie Wood Believes Will Rebound

Due to the recent tech selloff, renowned investor Cathie Wood’s flagship Ark innovation ETF has retreated from its 2021 highs this year. However, accelerated digitalization, increasing tech dependence, and growing IT spending should allow Wood’s portfolio to rebound quickly. Given these factors, Wall Street analysts expect Wood’s beaten-down tech stock…

StockNews.com

5 Beaten-Down Biotech Stocks Cathie Wood Loves

Renowned investor Cathie Wood of ARK Invest is known for her eye for stocks with enormous upside potential. Despite recent macro headwinds, the biotech industry is expected to grow tremendously in 2022, supported by strong demand for healthcare and medical products and increasing investments in R&D. Given these factors, Wall…

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