Oxford Instruments swings to a loss in the first half
15th Nov 2016 14:36
(ShareCast News) - High technology tools and systems provider Oxford Instruments announced its half year results for the six months to 30 September on Tuesday, with revenue up 4.1% to £171.5m compared to the first half of last year. The company's adjusted operating profit was down 5%, however, to £1
Read moreOxford Instruments' sales and profits hit by superconductor weakness
13th Sep 2016 10:51
(ShareCast News) - Underlying basis revenues and profits at Oxford Instruments in the first five months of the year have been "slightly below" the same period last year. Revenue since the financial year began in April was said to be marginally ahead of last year, the company revealed in a statement
Read moreJPMorgan Cazenove lifts Bodycote to Neutral, hikes target price
22nd Aug 2016 15:56
(ShareCast News) - JPMorgan Cazenonve has upgraded Bodycote to Neutral, from Underweight, and hiked its target price on the stock. It remains Overweight on GKN, Oxford Instruments, Smiths and Spirax-Sarco, and Underweight on Fenner and Weir. The brokerage said first-half 2016 for UK Capital Goods s
Read moreOxford Instruments swings to profit
15th Jun 2016 08:00
(ShareCast News) - Oxford Instruments swung to a profit in the year to the end of March as cost savings helped to offset a decline in revenue. The group, which provides high technology tools and systems for industry and research, reported a pre-tax profit of £13.1m compared to a loss of £9.6m the ye
Read moreWednesday broker round-up
13th Apr 2016 15:24
(ShareCast News) - DCC: Exane BNP Paribas downgrades to neutral with a target price of 6200p. Cobham: Barclays upgrades to overweight with a target price of 255p. Bunzl: Exane BNP Paribas upgrades to outperform with a target price of 2275p. Asos: JP Morgan keeps at overweight with a target of 4000
Read moreTuesday broker round-up
12th Apr 2016 19:38
(ShareCast News) - Vesuvius: Jefferies downgrades to sell with a target price of 255p. Ashtead: HSBC downgrades to hold with a target price of 970p. Cairn Energy: Canaccord reiterates hold with a target price of 215p. Just Eat: JP Morgan keeps at outperform with a target of 775p. Vedanta: Jefferi
Read moreOxford Instruments appoints Gavin Hill as group FD
12th Feb 2016 10:36
(ShareCast News) - Provider of high-technology tools and systems Oxford Instruments announced the appointment of Gavin Hill as group finance director effective from 9 May following the resignation of Kevin Boyd. Hill was group FD of Synergy Health from April 2010 until the merger with Steris Corp in
Read moreUltra Electronics finance director to join Oxford Instruments board
2nd Feb 2016 09:07
(ShareCast News) - Departing Ultra Electronics Holdings' group finance director Mary Waldner has been appointed to the board of Oxford Instruments. The company said she has a broad range of experience across a variety of sectors having held senior financial positions with a number of major public an
Read moreOxford Instruments profit jumps as cost-cutting benefits come through
10th Nov 2015 12:10
(ShareCast News) - Technology tools and systems company Oxford Instruments posted a jump in first half pre-tax profit even though revenue fell and expressed confidence that its full-year results will be in line with expectations. For the six months to the end of September, pre-tax profit came in at
Read moreTuesday newspaper share tips: Oxford Instruments' tough year
20th Oct 2015 11:24
(ShareCast News) - The Telegraph's Questor is keeping an eye on nanotechnology specialist Oxford Instruments, which has had a tough year to date. After two profit warnings due to Russian demand and weak trading in China, it noted that the shares have plunged in value by over half of what they were.
Read moreBroker tips: AB Foods, Vodafone, Oxford Instruments
19th Oct 2015 16:59
(ShareCast News) - Berenberg downgraded Associated British Foods to 'hold' from buy', keeping the target price at 3,450p. It noted that since it upgraded the stock to 'buy' in February, the share price has increased by 10% while consensus forecasts for 2016 earnings per share have fallen 15% due to
Read moreOxford Instruments slumps on Goldman downgrade
19th Oct 2015 10:09
(ShareCast News) - Shares in Oxford Instruments fell sharply after Goldman Sachs downgraded the stock to 'neutral' from 'buy', noting it's trading close to the bank's unchanged 700p price target. The brokerage said that since being added to the 'buy' list on 26 September 2012, the stock is down 49.4
Read moreSunday share tips: Oxford Instruments, FTSE 100 miners, Redcentric
18th Oct 2015 14:21
(ShareCast News) - Oxford Instruments shares should be sold, said the Sunday Times' Inside the City column. The high-tech device maker spun out of Oxford University in 1959 needs to operate right on the bleeding edge of technology, and often depends on acquisitions to stay relevant - but not even th
Read moreJefferies downgrades IMI, Rotork and Oxford Instruments
22nd Sep 2015 14:25
(ShareCast News) - Jefferies downgraded IMI to 'hold' from 'buy' and cut its price target to 1,150p from 1,050p as it took a look at the UK capital goods sector. Jefferies said there is an attractive long-term investment case at IMI, but the near-term outlook for the group still faces challenges fro
Read moreOxford Instruments cuts guidance again but claims orders bounce
8th Sep 2015 08:17
(ShareCast News) - Oxford Instruments has lowered its expectations for the 2016 financial year due to superconductor price pressure and tough industrial conditions in China, yet said operating profits were ahead of the same period last year. Although the cost cutting as part of the last year's re
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