HDY.L Share News (HDY)

Things just seem to be getting better and better for oil services group Petrofac says the Telegraph.The group designs, builds and operates oil and gas facilities as well as trains personnel and develops exploration and production projects. The company has more than doubled its backlog this year to $8.2bn after a series of contract wins in the Middle East. With such good visibility in earnings, the shares remain a buy, though, with the yield being just 2.6%, income seekers could find better opportunities elsewhere in other sectors.Hardy Underwriting shares are trading at 263.5p, so they offer investors a yield of more than 5%. This company is well managed and highly focused and its supporters in the City believe the shares are worth more than 330p. Buy says the Mail on Sunday.Fans of Goals Soccer believe the shares are already worth 230p and should go higher over the coming years. Cautious investors may feel more comfortable booking some profits now by selling about 75% of their stock after this year's surge. Keep the rest however, as GSC does have potential says the Mail on Sunday.Vedanta is predicted to grow its earnings substantially over the next few years. It is trading on as March 2010 earnings multiple of 33.5 times but this falls to 12.4 in 2011 and just 5.9 in 2012 based on current forecasts. The long-term outlook for the group looks very bright for investors that are keen to get Asian mining exposure. Buy says the Telegraph.A notable recent success for drugs group Goldshield has been a new weight loss supplement called LIPObind. This is a cactus-derived medication that helps to bind fats in the gut, limiting the absorption of lipids - molecules important for building cells - and the desire to eat. The product has been hugely successful. More products are being launched and are expected to keep the division loss-making next year, but it should be profitable in 2011/12. The stock trades on a price-to-earnings ratio of 12 and a yield of 3%. Schoders fund manager Andy Brough is the largest holder of the stock and is very happy to remain so for the next few years, the Mail on Sunday reports. Analysts at Dutch bank ING fear that the stockmarket is about to tumble. As always, the trick is to hold your nerve for the next rally and invest in stocks with defensive qualities. Among the pick of ING's crop is the oil group BP. The company should be cushioned by the relatively strong oil price, and bolstered by cost-cutting measures that have been implemented over the past 12 months. Buy up to 565p say the Observer.After their strong recovery, Cape shares are now trading on a December 2009 earnings multiple of just 6.2 times. This is still very low and reflects concerns about the group's debt. The Telegraph still thinks these concerns are overdone. With revenue visibility improving and the company continuing to win new contracts, the shares remain a buy says the Sunday Telegraph.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.