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Bovis Homes: UBS lifts target from 395p to 465p, sell rating kept. Cairn Energy: UBS cuts target from 370p to 365p, neutral rating unchanged. Debenhams: Citigroup upgrades from hold to buy, target upped from 65p to 85p. Lamprell: Nomura raises target from 265p to 430p, buy rating kept. Logica: S
Read moreDeena Mattar, former Finance Director of construction firm Kier Group, is to join the board of oil and gas engineer Lamprell as a non-executive director, where she is expected to take over chairmanship of the company's Audit Committee when Richard Raynaut steps down from the board. Mattar joined Ki
Read moreLamprell, the engineering firm for the oil and gas industry, has won a contract connected to the reconstruction of the oil export infrastructure in Iraq. The $62m contract, for Singapore firm Leighton Offshore, includes constructing metering equipment and is expected to complete by the end of 2012.
Read moreOil equipment, services and distribution stocks were on the rise today, tracking oil prices higher. Brent crude was up 0.47% at $117.75 in mid-afternoon trade on the IntercontinentalExchange on news that Greek leaders have finally reached an agreement over austerity measures. While many say that th
Read moreOil and gas engineer Lamprell has won a contract to build the Hull 108, a Friede & Goldman-designed Super M2 self-elevating mobile offshore drilling platform. The rig, which will be delivered to Compañía Perforadora Mexico, a subsidiary of Grupo Mexico, will operate in water depths of up to 300 fee
Read moreLondon's blue chip index experienced a boost on Tuesday afternoon, helped by a strong Spanish bond auction and a better-than-expected German confidence survey. However, stocks began to retreat late on after some worrying comments from Angela Merkel and rumours of disruption to oil exports in the Per
Read morePetrofac jumped higher on Tuesday afternoon, providing a lift to the oil equipment, services and distribution sector, with constituents making average gains of 3.89%. The FTSE 100 oilfield services firm rose after saying that it expects to deliver like-for-like (LFL) profit growth in 2011 of at lea
Read moreLamprell, a specialist engineering firm serving the oil and gas industry, is progressing in line with market expectations the firm said. In the year to date the company has been awarded contracts with a total value of $1.07bn, and the bid pipeline remains at a consistent level. The company expects
Read moreIntertek: Credit Suisse reiterates outperform rating and 2,250p target - "Focus List stock". Imperial Tobacco: Nomura downgrades from buy to reduce, target cut from 2,400p to 2,150p. British American Tobacco: Nomura raises target from 3,020p to 3,320p, buy rating maintained. Experian: Credit Suis
Read moreFashion firm Supergroup was top of the leaderboard after investors stocked up on shares ahead of Wednesday's trading update for the second quarter, promoting speculation that the statement will spell good news for shareholders. Also heading higher is Lamprell, a specialist engineering firm serving
Read moreLamprell, a specialist engineering firm serving the oil and gas industry, has been awarded a new contract from Jindal Pipes, based in Singapore. The contract is for the construction and delivery of a completely outfitted and equipped self-elevating Mobile Offshore Drilling Platform. The rig is des
Read moreRoyal Bank of Scotland: Nomura keep neutral rating and target of 34p. Royal Bank of Scotland: Evolution Securities keeps buy recommendation and 40p target. Man Group: UBS reduces target from 250p to 210p, buy rating maintained. RSA: Nomura reiterates buy rating and 148p target. Smith & Nephew:
Read moreTate & Lyle: Panmure Gordon raises target from 615p to 645p, keeps hold rating. Marks&Spencer: Credit Suisse cuts target to 345p from 390p, stays at neutral. Next: UBS ups target from 2,600p to 2,800p, buy recommendation unchanged. St. James's Place: UBS downgrades from buy to neutral, target red
Read moreLamprell was performing well on Wednesday, helped by a ratings upgrade from Investec, which noted that "newbuild contracts keep coming" for the oil and gas engineering firm. The group announced on Tuesday that it had been awarded two new construction contracts in the Golden Eagle Development in the
Read moreG4S: Credit Suisse upgrades from neutral to outperform, target raised from 240p to 285p. Standard Chartered: Evolution Securities downgrades from buy to neutral, target unchanged at 1,800p. Standard Chartered: Nomura maintains buy rating and 1,800p target. Next: Investec places 2,350p target unde
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