The industrial services group Amec is an easy tip - a fact confirmed by yesterday's first-half financial results, says the Independent.

Aidan Heavey, the founder and chief executive of Tullow Oil, said that he "didn't think it was a big deal" when he updated the market, while presenting Tullow's interim figures, on the company's progress in a complex tussle with the Ugandan tax authorities.

Cairn Energy's new focus is Greenland, as the chief executive, Sir Bill Gammell, stressed yesterday.

Yesterday, Petrofac forecast a 20% surge in net profits for the full year as it announced its first contract win in Iraq.

Recent news on gold production from Russian-focused miner Petropavlovsk was disappointing. However, its interim results statement next week could be very interesting. The Telegraph's Questor believes that news on Thursday could be positive and reckons investors should buy the shares ahead of the statement. However, the shares are likely to remain volatile because of the risk discount associated with Russian companies.

Hammerson, the FTSE 100 shopping centre developer, is selling a 51% share of its O'Parinor development in Aulnay-sous-Bois, north east of Paris, to The National Pension Service of Korea, which last year bought HSBC's Canary Wharf tower, with an option to sell on another 24 per cent next autumn. The shares yield a reasonable 4.5% . A good hold for any recovery in the French economy, according to the Times.

Car dealer Lookers is gaining market share, with new car sales up 26 per cent against a 20 per cent increase across the industry as a whole. But regular readers will know my antipathy towards anyone too exposed to fragile consumer confidence. Even on nine times this year's earnings, it's too soon to buy, thinks the Times.

At Resolution, what you see is what you get. Clive Cowdery set off on his self-proclaimed mission to consolidate the UK life and asset management sector, swallowed Friends Provident for £1.9 billion last year and is just about to complete the £2.75 billion acquisition of Axa's British life business. For the brave, buy with caution for the expansion prospects, says the Times.

Investors lucky enough to have been in Cairn Energy for a while should consider taking some profits. By all means stay in, as a gamble on Sir Bill and his team's admittedly strong past record. But a second Rajasthan would be like winning the lottery twice, reckons the Times.

The sun is no longer shining on travel operators but though there are worries about a double dip recession, Britons are unlikely to give up their summer breaks, which is good news for Thomas Cook.

Shaftesbury's valuation looks increasingly compelling. Several analysts upgraded their year-end net asset value forecasts yesterday, typically by about 3 per cent. The yield, estimated by Evolution Securities to be 2.9 per cent by next year, is already decent, but the Independent would argue that there is still juice left in the shares. Property groups, especially those that have a large exposure to retail markets, are starting to get gloomy about their prospects. Shaftesbury is positively sunny in its outlook. Buy.

Balfour Beatty seems too good to be true. In a construction and contractor sector best described as struggling, thanks to the Government's determination to introduce swingeing cuts, Balfour is going great guns. The Independent doesn't like the construction and infrastructure sector, and that's the Government's fault. But it does like Balfour Beatty. Buy.

While the short-term looks a little gloomy, tour operator TUI Travel is adamant it is well-placed for medium-term prosperity.

Wm Morrison, the supermarket chain, trades on a 2011 price to earnings ratio of 11.9, which makes it one of the cheapest European food retail stocks.

The economic outlook is uncertain, but whatever the scenario, people still have to eat.

Rio Tinto's must rate as one of the most spectacular debt-reduction strategies of modern times and leaves the miner with gearing of 20%.

From an investor perspective, there was an awful lot to like about Legal & General's results this time round. The company comfortably beat consensus forecasts on virtually every metric you'd care to look at, returning a pre-tax profit of £537m (against last time's £143m loss) and hiking the dividend by 20 per cent to 1.33p. L&G is cheaper than its main quoted rivals and offers more security and strategic coherence. In fact, L&G looks, on current form, to be the pick of the sector. The Independent says buy.