Oxford Instruments PLC (OXIG.L)
27 Aug 2015
** Oxford Instruments falls 9.3 pct, after co cuts 7 pct of workforce or 160 jobs, as trade sanctions hit sales in Russia and recovery in Japan proves slower than expected
June 9 - Oxford Instruments Plc, a maker of nanotechnology tools, said it cut 7 percent of its workforce, or 160 jobs, to reduce costs as trade sanctions hit sales in Russia.
June 9 - Oxford Instruments Plc, a maker of nanotechnology tools, said it had cut 7 percent of its workforce, or 160 jobs, as a part of planned cost reductions.
* JV provides excellent opportunities to enhance product development, cut production costs and broaden product range, while extending market reach and strengthening customer relationships
* MIR has approximately $3.0 million (c. £2.0 million) net debt at completion Source text for Eikon: Further company coverage:
* Trading in Q4 was in line with expectations disclosed in our trading update of 22 January
* Afren, Game Digital, Oxford Instruments out of FTSE 250 (Adds detail on reshuffle, background)