Royal Boskalis Westminster NV will present a corporate strategy plan for the period 2011-2013 today at 10 a.m. in Amsterdam.
EQUITY MOVERS: *Fugro NV (FUR) won a five-year contract worth about $100 million from Petroleo Brasileiro SA. *Koninklijke Ahold NV (AH) ’s U.S. operations are trading at a 20 percent discount to peers, which is unwarranted, according to RBS. The bank reiterated its “buy” rating on the stock. *Royal Ten Cate NV (KTC NA) won an order from Italian manufacturer Aero Sekur SpA for the delivery of fire-resistant Ten Cate Defender M fabric to be used in the Italian “Soldier of the Future” program.
MARKETS: *The Amsterdam Exchanges Index dropped 0.1 percent to 369.01. *The Stoxx Europe 600 Index added 0.1 percent to 280.26. *The Euro was at $1.4193 at 8:13 a.m. Amsterdam time. *The Dutch 10-year bond yield was 3.659 percent at 8:13 a.m.
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