DA Davidson Downgrades Willbros Group (WG) to Underperform

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Willbros Filing Form 12b-25 with Securities and Exchange Commission

March 17, 2015 4:47 PM EDT

HOUSTON, March 17, 2015 /PRNewswire/ -- Willbros Group, Inc. (NYSE: WG) today announced that it is filing a Form 12b-25 Notification of Late Filing with the U.S. Securities and Exchange Commission (SEC) with regard to its Annual Report on Form 10-K for the year ended December 31, 2014. The Company has determined that it is unable to file its Form 10-K for the year ended December 31, 2014 within the prescribed time period without unreasonable effort or expense for the following reasons.

The Company does not expect to be in compliance with its Maximum... More