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BUZZ-Wood Group: best day in two months after reiterating outlook

Thu, 10th Dec 2015 09:18

** Oil equipment and services co John Wood's shares up 4.9 pct, best day in two months, after saying on track tomeet FY EBITA guidance of about $465 mln

** Co says "balance sheet and cashflow generation remainstrong," despite slump in oil prices

** Oil price crash has seen Amec Foster halvedividend and Hunting warn 2015 profit from cont opswould fall 90 pct

** Co third-largest gainer on the FTSE mid-250 index and top of Stoxx 600 Oil & Gas Index

** Wood Group's 7 pct fall YTD outperforming 25 pct YTD fallin FTSE 350 Oil Equipment and Services Index (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)

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