LAM.L Share News (LAM)

UPDATE 1-Lamprell shares fall after oil rig maker warns on revenue

(Adds CEO, CFO and analyst comments) LONDON, March 26 (Reuters) - Oil rig maker Lamprell said revenue would fall slightly over the next two years, sending its shares down nearly 10 percent, as the British firm focuses on winning new orders after a disastrous 2012. Last year was descr

Wednesday broker round-up UPDATE

Aberdeen Asset Management: Citi reduces target price from 455p to 390p and stays with its neutral rating. Acta: Cantor Fitzgerald places both its target price (prev.: 16p) and its buy recommendation under review. Alliance Pharma: Numis shifts target price from 38p to 39p upgrading to add. APR Ene

Lamprell swings back into the black

- Returns to full-year profit - To continue with cost efficiencies in year ahead - 2014 revenue expected to be lower than 2013 Dubai-based oil rig maker Lamprell said it moved back into profit during its latest financial year but cautioned that revenue in 2014 is expected to be slightly lower than

MARKET COMMENT: Stocks To Open Higher, Lloyds Placing Is Priced

LONDON (Alliance News) - UK stocks are set to continue higher Wednesday after gaining on Tuesday on the back of some strong earnings, reasonable economic data, and the absence of any further escalation of problems in Ukraine. US consumer confidence reached a six-year high on Tuesday. Inves

Lamprell back in profit, but warns revenue lower in 2014

LONDON, March 26 (Reuters) - Oil rig maker Lamprell reported pre-tax profit of $40 million on Wednesday, as the Dubai based company swung back into the black after heavy losses in 2012, but warned revenue this year and next would be lower. Revenue for 2013 was $1.1 billion, in line with Th

MARKET COMMENT: UK Stocks Close Higher, Inflation Continues To Ease

LONDON (Alliance News) - UK stocks rallied Tuesday, as UK inflation hit a four-year low and companies including B&Q parent Kingfisher and low-cost airline easyJet put out strong reports.

The FTSE 100 closed up 1.3% at 6,604.89, more than reversing Monday's losses, while the FTSE

UK Earnings, Trading Statements Calendar - Week Ahead

Tuesday, March 25

888 Holdi Read more 24 Mar 2014 15:39 UK Earnings, Trading Statements Calendar - Week Ahead Tuesday, March 25   888 Holdi Read more 3 Mar 2014 10:17 Product tester Intertek sees stronger growth in 2014 By Li-mei Hoang LONDON, March 3 (Reuters) - Product-testing company Intertek forecast stronger revenue growth and profitability in 2014 after weak commodities markets prompted it to shrink its minerals business last year. The British company, which tests anything from oil to children Read more 3 Mar 2014 08:47 Intertek 2013 Profits Up Despite Minerals Unit Weakness; Makes Acquisition LONDON (Alliance News) - Intertek Group PLC Monday reported higher 2013 revenues and profits, helped by the seven acquisitions it made during the year, as it also said it will buy United Arab Emirates-based International Inspection Services Ltd From Lamprell PLC for USD66 million, or GBP40 millio Read more 3 Mar 2014 07:33 Lamprell sells services division to pay down debt LONDON, March 3 (Reuters) - Dubai based rig-maker Lamprell said on Monday it sold its International Inspection Services (INSPEC) division to Intertek for $66.2 million to reduce its debt and focus on its core business. Lamprell is attempting to pay down debt after a disastrous 2012 in whi Read more 3 Mar 2014 07:08 Intertek Group buys International Inspection Services from Lamprell Product testing company Intertek Group has bought International Inspection Services (INSPEC), a United Arab Emirates-based provider of non-destructive testing (NDT) services to the oil and gas sector. The business was acquired from Lamprell Energy, a subsidiary of Lamprell, for a total cash consid Read more 30 Jan 2014 10:13 UK BROKER RATINGS: Canaccord Cuts Brewin Dolphin To Hold LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning: ---------- FTSE 100 ---------- JEFFERIES STARTS STANDARD CHARTERED WITH 'UNDERPERFORM' - PRICE TARGET 1100 PENCE ---------- UBS CUTS PEARSON PRICE Read more 22 Jan 2014 08:33 Wednesday broker round-up UPDATE Admiral Group: Numis raises target price from 1425p to 1710p upgrading from add to buy. African Barrick Gold: Deutsche Bank moves target price from 180p to 190p and keeps a hold recommendation. RBC Capital takes target price from 220p to 250p and maintains an outperform rating. JP Morgan ups target Read more 16 Jan 2014 16:50 STOCKS NEWS EUROPE-UK small caps weaken, Lamprell outperforms The FTSE Small Cap index sheds 0.5 percent, in line with the midcaps, but lagging a 0.1 percent rise from junior-listed AIM shares. Lamprell, an engineering and construction services group that focuses on the energy sector, gains almost 10 percent after stating in a trading update that its Read more 141516171819202122 Stay Informed! With our newsletters and social media channels. Daily Market Report (Weekday Evenings)Week Ahead (Sunday Evening) Login to your account Login failed Remember MeSign In Don't have an account? Click here to register. Quickpicks are a member only feature Login to your account Login failed Remember MeSign In Don't have an account? Click here to register.