LAM.L Share News (LAM)

Lamprell Expects 2013 Performance Ahead Of Expectations

LONDON (Alliance News) - Lamprell PLC Thursday said it expects performance for the full year 2013 to be ahead of previous expectations due to continuing improvements in project execution over the last few months. The diversified engineering and contracting services provider said it has made

Lamprell says 2013 to be ahead of expectations

LONDON, Jan 16 (Reuters) - Dubai-based oil rig maker Lamprell said on Thursday it expected its 2013 performance to be ahead of previous expectations due to improvements in project execution. A Thomson Reuters I/B/E/S poll of analysts previously forecast full-year pretax profit for Lamprell

Sector movers: Ex-div AMEC drags oil services lower amid M&A speculation

Heavy falls from engineering firm AMEC were weighing on the oil equipment and services sector on Wednesday after the stock went ex-dividend. New investors from today will no long qualify for AMEC's latest dividend, which usually leads to an automatic drop in price by the amount of the expected payo

Sector movers: Aberdeen boosts financials, Petrofac dampens oil services

Aberdeen Asset Management was a high riser in London on Monday, providing a lift to the financial sectors as investors celebrated the company's annual results and acquisition of Scottish Widows Investment Partnership (SWIP). The fund management group said that it would buy SWIP from Lloyds for £550

Lamprell Expects Full Year Trading In Line With Expectations

Lamprell Delivers Caspian Rigs, On Track In Second Project

BROKER RATING CHANGES: SDL Price Target Cut By Three Brokers

Broker Rating Changes Summary - Numis Cuts ICAP To Sell

Lamprell Gets USD64M Contract For Major Rig Refurbishment Project

STOCKS NEWS EUROPE-UK small caps up 0.2 pct, ahead of AIM shares

UK small caps rise 0.2 percent, outperforming the junior-listed AIM shares, which are flat, and the blue chips, which are down 0.3 percent. Lamprell gains 2.1 percent after it is awarded a major rig refurbishment contract by the Millenium Offshore Services group, valued at approximately $64

Lamprell lands 64m-dollar rig refurbishment contract

Aim-listed Lamprell said it had won a 64m-dollar rig refurbishment contract with Millennium Offshore Services Group. The contract involves the conversion of the "MOS Frontier" - a three-legged jack up unit capable of operating in water depths of 300 feet - into an accommodation support vessel capab

STOCKS NEWS EUROPE-UK small caps underperform wider market

The FTSE Small Cap index and junior-listed AIM shares are flat to 0.1 percent higher, underperforming the FTSE mid caps and the FTSE blue-chips, with both up 0.4 percent. Belvoir Lettings gains 5.3 percent as Cantor Fitzgerald raises its target price for the stock to 200 pence from 175 penc

Thursday broker round-up UPDATE

AMEC: Nomura reduces target price from 1300p to 1230p, while reiterating its buy recommendation. Antofagasta: Exane cuts target price from 1200p to 1100p maintaining an outperform rating. Ashtead Group: JP Morgan shifts target price from 729p to 734p and keeps a neutral rating. Associated British

Tuesday broker round-up

ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta

Friday broker round-up UPDATE

Antofagasta: Morgan Stanley cuts target price from 830p to 810p and maintains an underweight rating. ARM Holdings: Deutsche Bank raises target price from 470p to 1080p upgrading to buy. Aviva: Barcalys increases target price from 294.50p to 320p, while its underweight rating remains unaltered. Bw