17 Mar 2015 06:17
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12 Jan 2015 17:19
Lamprell lamped after warning oil slump will hit 2015 profits
Despite hailing a strong finish to the year that will push 2014 results higher than forecasts, shares in Lamprell slid lower after the oil engineer warned that hitting its targets for 2015 will be difficult in the new lower oil price environment. The FTSE Small Cap group said management now expected
Read more12 Jan 2015 13:17
BUZZ--Saipem shares tumble as outlook darkens
** Shares in Italian oil service company Saipem tumble after British rig-maker Lamprell Plc said it expects its revenue this year to be about 10 pct below expectations. ** Stock down 7.6 pct & is 2nd biggest loser on the Stoxx 600 on another weak day for the oil services sector. ** "
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