If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

BUZZ-Oxford Instruments: no respite in sight

Tue, 08th Sep 2015 09:19

** Nanotechnology tools maker slides 21 pct totheir lowest in more than 4 years, after it cuts FY expectations

** Investec analysts expect the scale of reduction to bebetween 7 pct and 10 pct for 2015/16E and 2016/17E.

** Co blames softer demand for industrial products in Chinaand pricing pressure in super conducting wire business.

** Oxford Instruments had cut 7 pct of its workforce in Juneto reduce costs as trade sanctions hit sales in Russia.

** Most actively traded midcap stock, with more thantwice its 30-day daily avg volume having already gone through

** Stock was top loser on the FTSE All Share ElectronicEquipment Index (RM: aastha.agnihotri.thomsonreuters.com@reuters.net; RM:rahul.b.thomsonreuters.com@reuters.net)

Oxford Instruments

Shares in this article

Related News

WINNERS & LOSERS: Housebuilders slide; miners up as metal prices rise
30 Jun 2026

WINNERS & LOSERS: Housebuilders slide; miners up as metal prices rise

(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Tuesday.

WINNERS & LOSERS: Informa backs 2026 view, Intertek agrees to EQT bid
18 Jun 2026

WINNERS & LOSERS: Informa backs 2026 view, Intertek agrees to EQT bid

(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Thursday.

Risers and Fallers Informa + 21 more shares