Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLAM.L Share News (LAM)

  • There is currently no data for LAM

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

15 Jun 2012 09:23

London open: Banks buoyed by BoE initiative

London's leading shares have opened firmer, encouraged by reports that the world's central banks stand ready to act should financial markets freeze up next week in the wake of Greece's general election on Sunday. Global monetary authorities are ready in the event that liquidity is required to ensur

Read more
15 Jun 2012 07:33

London pre-open: FTSE to rise on reports of central bank action

City sources predict the FTSE 100 will open up 28 points from yesterday's close of 5,467, boosted pushed higher by reports that central banks are possibly planning coordinated action if required after this coming weekend's Greek elections. With votes scheduled in Greece, Egypt and France this week

Read more
15 Jun 2012 07:04

Ex-Wellstream Chairman takes the chair at Lamprell

Struggling specialist engineering services provider Lamprell has named industry veteran John Kennedy as its new non-executive Chairman. The group moved fast to replace Jonathan Silver after he decided he is too busy to carry on in the role and moved to the position of Deputy Chairman. Kennedy was

Read more
13 Jun 2012 07:13

Wednesday tips round-up: Lamprell

Management of oil rig maker Lamprell has lost a large chunk of its credibility. Its record of substantial mis-steps over the past few months has been extraordinary - and very costly for its shareholders. Last week, the company issued its second profit warning in a matter of weeks. This was made wors

Read more
11 Jun 2012 11:19

Broker tips: Tesco, Lamprell, Ashtead

Nomura has reiterated its buy recommendation and 430p target price for supermarket giant Tesco, saying that while still early days, there was 'incremental progress evident' in the group's first-quarter statement. "Although Tesco's recovery to a market rate of growth remains work-in-progress, we bel

Read more
11 Jun 2012 10:33

Broker snap: Investec halves target price for Lamprell

Investec has halved its target price for energy markets-focused engineer Lamprell from 200p to 100p following last week's profit warning. After the market closed on Thursday, Lamprell revealed that it now expects to make a half-year loss of $15-20m, compared with earlier guidance of "a small loss".

Read more
11 Jun 2012 09:37

Monday broker round-up

Antofagasta: RBS Capital Markets downgrades to underperform. Ashtead: Jefferies keeps buy recommendation and 300p target. Barclays: Bank of America Merrill Lynch keeps buy rating and 370p target; Oriel Securities reiterates buy recommendation and 285p target. BP: Nomura retains neutral stance and

Read more
8 Jun 2012 16:37

London close: Spain in focus after bailout rumours

- Spanish bailout could be on the cards - Fitch downgrades Spain to BBB - Investors look ahead of Chinese data this weekend Rumours about an imminent recapitalisation of Spain's banking sector and concerns over global growth were doing the rounds on Friday, yet the Footsie still managed to pare los

Read more
8 Jun 2012 15:06

FTSE 250 movers: Lamprell tanks on profit warning

Energy markets-focused engineer Lamprell was battered after sneaking out a profit warning on Thursday after the London market closed, saying that it now expects to make a half-year loss of between $15m and $20m, compared with earlier guidance of "a small loss". The group also said that Chairman Jona

Read more
8 Jun 2012 12:52

Broker tips: National Grid, IAG, Lamprell

Credit Suisse has raised its target price for utilities giant National Grid (NG) and reiterated its outperform rating, saying that Ofgem's new RIIO regulation presents a 2.5bn-pound opportunity for the group. "NG has started to perform well again, as negative perceptions on the balance sheet and di

Read more
8 Jun 2012 11:40

London midday: Stocks weighed down by Spain, Bernanke

- Spain downgraded by Fitch - Bernanke comments weigh on markets - Investors nervous ahead of Chinese data this weekend - Spain denies rumours of imminent bank bail-out petition Blue chips were off their intraday lows but still firmly in the red by Friday lunchtime as concerns over Spain continued

Read more
8 Jun 2012 09:34

Broker snap: Lamprell's credibility has deteriorated, says Nomura

Following the profit warning and Chairman departure at Lamprell, Nomura has reiterated its reduce recommendation and 125p target price for the energy markets-focused engineer. After the market closed on Thursday, Lamprell revealed that it now expects to make a half-year loss of $15-20m, compared wi

Read more
8 Jun 2012 08:36

Chairman to step down as Lamprell warns on profits

Energy markets-focused engineer Lamprell was battered on Friday morning after sneaking out a profit warning on Thursday after the London market closed. The group has revised its sums and updated its earnings guidance, and the news is not good. The group now anticipates it will make a half-year loss

Read more
8 Jun 2012 08:27

London open: Spanish downgrade dents stocks early on

- Fitch downgrades Spain to BBB - Bernanke warns of risks to US economy - Lamprell tanks after profit warning London's FTSE 100 index dropped into the red in early trading on Friday after Spain's credit rating was downgraded last night, exacerbating concerns about the country's troubled banking sec

Read more
8 Jun 2012 08:11

Friday broker round-up

AVEVA: Merchant Securities maintains buy rating and 1,850p target. Berendsen: HSBC upgrades to overweight, target cut from 575p to 550p. BP: Credit Suisse maintains outperform recommendation and 540p target. BT Group: Nomura cuts target from 295p to 285p, buy rating unchanged. International Cons

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.