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WuXi Bio Prescribes Share Buyback To Relieve Revenue Pain (undefined:WXXWY) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Key Takeaways: After its shares plunged more than 30% in a week, WuXi Bio announced a buyback of 10% of its shares, saying the battered price did not reflect the company’s value or business prospects The company blamed the weaker revenue outlook on a financing slowdown in the biopharma industry and regulatory delays in launching star ....
WuXi Biologics Extends Drop to 30% as Weak Outlook Fuels Caution bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
A selloff of Wuxi Biologics shares deepened Tuesday, taking losses this week to 30% as analysts cut forecasts in the wake of lowered guidance from the Chinese contract drugmaker.. ....
Contract manufacturing giant WuXi's stock plummets as it warns of $400M revenue miss fiercepharma.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fiercepharma.com Daily Mail and Mail on Sunday newspapers.