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Immunodiagnostic Systems confirms CFO departure

Mon, 29th Jun 2015 07:33

Immunodiagnostic Systems confirmed that its chief financial officer Chris Yates, who resigned on 4 December 2014, will leave the group on Monday following the end of his notice period.The company, which produces manual and automated specialist diagnostic testing kits and instrumentation for the clinical and research market , said a formal search for a new CFO is underway and an announcement will be made in due course.Shares closed down 1.2% at 279.16p on Friday.

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Abcam: Canaccord Genuity ups target price from 375p to 400p and upgrades from hold to buy. ARM Holdings: Deutsche Bank cuts target price from 975p to 950p and maintains a hold recommendation. Credit Suisse lowers target price from 1125p to 1100p and leaves its outperform rating unaltered. Beazley:

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