|Bid||0.00 x 191000|
|Ask||0.00 x 126000|
|Day's range||71.00 - 78.92|
|52-week range||70.50 - 125.00|
|PE ratio (TTM)||-1.32|
|Earnings date||20 Sep 2017 - 25 Sep 2017|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y target est||1.30|
** Oil rig builder Lamprell -11.6 pct & set for biggest one-day drop since Jan 2015 ** Co provides bleak revenue forecast citing lower activity levels across the industry ** Top faller on FTSE Small Cap ...
Britain's financial watchdog has launched an investigation into Mitie over its 2015-16 results and the timing of a September 2016 profit warning, adding to problems at the outsourcing company as it tries to revive its fortunes. British outsourcing companies such as Mitie, Capita (Taiwan OTC: T1614Y.TWO - news) and Carillion (Frankfurt: 924047 - news) have been hit over the past year by rising labour costs and unplanned changes on contracts that were taken on during the financial downturn, often with paper-thin margins.
Saudi Aramco plans to build the Gulf's largest shipyard through a joint venture with three companies that it announced on Wednesday, a $5.2 billion project aimed at helping reduce the economy's reliance on oil. Low oil prices have drastically slowed Saudi Arabia's economy so it is trying to create manufacturing jobs and produce goods and services which traditionally it has imported. Its strategy is to use large amounts of government money and the procurement budgets of big state-run enterprises, such as national oil firm Aramco, to attract foreign expertise to develop strategic industries.
** Oil-rig builder's shares up 13.6 pct to 114.75p, after signing JV agreement with Saudi Aramco ** Stock on track for biggest single day gain since March 19, 2015 ** Saudi Aramco signs JV deal with UK's ...
Saudi Aramco said on Wednesday it had signed a joint venture agreement with three firms to build a shipyard on the kingdom's east coast, part of the government's drive to diversify the economy beyond oil. ...
U.S. oilfield services and equipment provider McDermott International (NYSE: MDR - news) said on Wednesday it would build a fabrication yard at a shipbuilding complex planned by national oil giant Saudi Aramco (IPO-ARMO.SE) on the kingdom's east coast. The two companies signed a memorandum of understanding for the first major manufacturing investment in the complex, which is part of Saudi Arabia's drive to diversify its economy and create jobs in an era of cheap oil. Saudi officials have said the complex at Ras Al Khair will cost more than $5 billion to build.
Saudi Arabia expects a huge ship repair and shipbuilding complex that its national oil company Saudi Aramco is developing at Ras al-Khair on the kingdom's east coast to cost over 20 billion riyals ($5.33 billion), energy minister Khalid al-Falih said on Sunday. "Construction will start in 2018, production in 2022," Falih who is also chairman of Aramco told reporters at the company's headquarters in Dhahran. The maritime complex is a joint venture between Saudi Aramco, Saudi Bahri, South Korea's Hyundai Heavy Industries and Lamprell (Frankfurt: L51.F - news) .
** Oil-rig builder Lamprell's shares up 9 pct, highest in more than 6 months, as co wins ScottishPower Renewables contract ** Co says gets $225 mln offshore wind farm contract ** More than 1/5 th 30-day ...