18th Sep 2014 12:54
In a research note published on Thursday afternoon Liberum explains to clients that in the event of Scotland voting in favour of independence then the worst affected sectors would be: Oil, Life Insurance and Banking. The analysts base their call on what happened following the mini-scare of 8 Septemb
Read more30th Jun 2014 07:55
Oil & gas services company Lamprell said strong operational and financial performance would result in full-year earnings above hopes, but they would be heavily weighted towards the first half. Lamprell completed four major projects in the six months to June 30th ahead of budgeted margins, helped by
Read more23rd Jun 2014 13:50
The oil equipment, services and distribution sector was rising strongly today, helped by a soaring share price of engineer Kentz after a £1.2bn cash offer from Canadian rival SNC-Lavalin. Kentz, which provides engineering and construction services to clients in the energy and resources sectors, saw
Read more19th Jun 2014 09:03
AIM-listed engineering group Lamprell announced it has won a new contract with FTSE 100 constituent Petrofac Emirates for the production and delivery of 29 modules. The modules are being constructed for use in connection with the Zakum Development company one of Abu Dhabi Oil Company's landmark fie
Read more16th Jun 2014 09:51
Allocate Software: N+1 Singer upgrades to buy with a target price of 133p. Croda International: Numis cuts target price from 2575p to 2554p and maintains its hold recommendation. Diamondcorp: Northland Capital shifts target price from 9.9p to 11p and keeps a buy recommendation. Fenner: Credit Su
Read more11th Jun 2014 08:37
Shares in oil and gas engineering services provider Lamprell dropped on Wednesday morning following the admission of 81.36m new shares to trading. The admission follows a rights issue announced last month. Shares had declined 14.62% to 146p by 08:42. NR
Read more27th May 2014 07:23
Engineering group Lamprell announced it has signed a contract with a subsidiary of Shelf Drilling to construct two offshore drilling platforms for 370m dollars. The FTSE small cap-listed group will deliver two high specification platforms with engineering and operations workers from Shelf Drilling
Read more21st May 2014 08:36
African Minerals: Citi reduces target price from 260p to 190p, while leaving its buy recommendation unchanged. Alliance Pharma: Numis lowers target price from 39p to 37p and maintains an add rating. APR Energy: JP Morgan shifts target price from 1082p to 1089p keeping its overweight rating. Astra
Read more16th May 2014 08:46
- Footsie steady in early trading - US and allies warn Russia of possible further sanctions - More US housing data due out techMARK 2,761.98 +0.15% FTSE 100 6,843.95 +0.04% FTSE 250 15,655.31 +0.25% Equities were slightly higher early on following yesterday's sharp falls worldwide in reaction to w
Read more16th May 2014 07:09
Oil engineering group Lamprell has started the year well and is encouraged by the on-going dialogue with a number of prospective clients for new projects. It was also upbeat about the recent $390m contract win with Ensco, management told investors in a trading update for the year to May 15th. New
Read more9th May 2014 15:30
Oil equipment and services stocks were hit on Friday by a profit warning from sector heavyweight Petrofac, which said that its bottom line in 2014 is likely to weaken due to lower-than-expected earnings from its Integrated Energy Services (IES) division. The company is guiding to a net profit for t
Read more22nd Apr 2014 07:39
ARM Holdings: Goldman Sachs cuts target price from 1500p to 1450p and keeps a buy recommendation. Ashtead Group: Investec increases target price from 800p to 1100p and keeps a buy recommendation. Babcock International: Investec cuts target price from 1385p to 1377p, while upgrading to buy. Beazle
Read more16th Apr 2014 08:44
Afren: Investec cuts target price from 200p to 195p and stays with its buy recommendation. Alexander Mining: Northland lowers target price from 8.1p to 6.1 and maintains a buy recommendation. Capita Group: JP Morgan ups target price from 1261p to 1279p and maintains an overweight rating. Central
Read more10th Apr 2014 09:23
AMEC: Canaccord Genuity takes target price from 1350p to 1400p and leaves its buy recommendation unaltered. Atkins (WS): Numis ups target price from 1600p to 1650p, while downgrading from buy to add. Burberry: JP Morgan reduces target price from 1600p to 1400p and keeps a neutral rating. Capita G
Read more27th Mar 2014 07:23
Oil and gas engineering services provider Lamprell´s shares took a knock on Wednesday following the company´s guidance for flat or little-changed revenues this year and next. The reaction looks a little overdone. Such an outlook was to be expected given current subdued industry conditions in the Nor
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