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  5. Micro Focus slumps as chairman dumps shares

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Micro Focus slumps as chairman dumps shares

Mon, 15th Jul 2019 09:55

(Sharecast News) - Micro Focus slumped on Monday as it emerged that chairman Kevin Loosemore sold 650,000 shares in the business last week, pocketing £11.6m.
Loosemore sold 214,658 shares in the software company last Wednesday at 1,861p peach. The day after, he sold a further 435,342 shares at 1,736p each.

At 0955 BST, the stock was down 5% at 1,676.20p.
More News
5 Sep 2019 09:29

REFILE-UPDATE 2-Strong sterling knocks FTSE 100 despite trade lull

(Reinstates dropped word 'said' in para 7)* FTSE 100 down 0.6%, FTSE 250 up 0.2%* Exporter stocks fall as pound surges* CYBG tanks on mid-caps* Online retailer Boohoo jumps after forecast upgrade* Industrials up on upbeat forecast from European peers...

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5 Sep 2019 09:29

UPDATE 2-Strong sterling knocks FTSE 100 despite trade lull

* FTSE 100 down 0.6%, FTSE 250 up 0.2%* Exporter stocks fall as pound surges* CYBG tanks on mid-caps* Online retailer Boohoo jumps after forecast upgrade* Industrials up on upbeat forecast from European peers (Adds news, quote, updates closing price...

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5 Sep 2019 09:29

UPDATE 1-Stocks trading ex-dividend knock FTSE 100 lower; industrials rise

* FTSE 100 down 0.3%, FTSE 250 dips 0.1%* Ex-dividend trading offsets gains in industrials* CYBG tanks on mid-caps* Online retailer Boohoo jumps after forecast upgrade (Adds news items, analyst comments, updates share prices)By Shashwat AwasthiSept ...

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4 Sep 2019 17:52

TOP NEWS: Marks & Spencer's 35 Year Spell In FTSE 100 Comes To An End

LONDON (Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, September 23, after completing its 100 of

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3 Sep 2019 09:40

BROKER RATINGS SUMMARY: Deutsche Bank Starts Taylor Wimpey At Buy

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:----------FTSE 100----------DEUTSCHE BANK INITIATES TAYLOR WIMPEY

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2 Sep 2019 16:52

LONDON MARKET CLOSE: UK Election Speculation Sinks Pound, Lifts FTSE

(Alliance News) - The FTSE 100 rocketed higher on Monday, far outpacing the gains recorded elsewhere in Europe, as London's internationally-exposed index benefited from the pound's knocked

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2 Sep 2019 08:54

LONDON MARKET OPEN: Pound Struggles Amid Brexit Trouble; Stocks Higher

(Alliance News) - Stocks in London were higher early Monday but the pound continued to struggle amid the ongoing battle between UK Prime Minister Boris Johnson and his own Conservative party over

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2 Sep 2019 08:43

TOP NEWS: Micro Focus Chair Appointed As Chair Of De La Rue As Well

(Alliance News) - De La Rue PLC said Monday it has appointed Micro Focus International PLC Executive Chair Kevin Loosemore as non-executive chair designate with immediate effect.Micro Focus

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2 Sep 2019 07:49

LONDON MARKET PRE-OPEN: AstraZeneca Heart Trials See Positive Results

(Alliance News) - Stocks in London were set for to open slightly higher Monday, after a slew of tariffs imposed by the US government on Chinese goods came into effect on Sunday but no new blow-ups

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30 Aug 2019 17:12

LONDON MARKET CLOSE: Trade Hope Propels FTSE To Daily, Weekly Gains

(Alliance News) - Stock prices in London closed higher on Friday amid hopes the escalating tit-for-tat tariff war between the US and China was on hold, leaving the blue chip index higher for the a

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30 Aug 2019 12:12

LONDON MARKET MIDDAY: Stocks Up As Hope Builds For Trade War Pause

(Alliance News) - Stock prices in London were higher midday Friday amid optimism that the punishing tit-for-tat tariff war between the US and China was set to pause.The FTSE 100 index was a

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29 Aug 2019 17:25

LONDON MARKET CLOSE: Gains As China Calms Trade War And Italy Gets PM

(Alliance News) - Stock prices in London closed higher on Thursday, the global investment mood lifted after China sought to reduce trade tensions with the US and a new coalition government was in

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29 Aug 2019 11:54

LONDON MARKET MIDDAY: Stocks Climb As China Appeals For Trade War Calm

(Alliance News) - Soothing words from China about its trade conflict with the US helped markets rise on Thursday, with the FTSE 100 racking up over 80 points despite shares in Micro Focus diving a

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29 Aug 2019 10:28

WINNERS & LOSERS SUMMARY: Micro Focus And Amigo Sink On Outlook

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Smiths up -

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29 Aug 2019 08:34

LONDON MARKET OPEN: Micro Focus And Amigo Sink On Outlook Downgrades

(Alliance News) - The FTSE 100 was trading in the green early Thursday despite the share price of constituent Micro Focus International slumping by a third, as the pound continued to suffer from a

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