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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
9 Jul 2019 16:38

Moody's Affirms Micro Focus Ratings But Upgrades Outlook To Positive

(Alliance News) - Moody's Investor Service no Tuesday affirmed Micro Focus International PLC's B1 ratings but upgraded the FTSE 100-listed software firm's outlook to positive from B1 a

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9 Jul 2019 08:50

LONDON MARKET OPEN: Investors Shrug Off Big Interim Loss For Ocado

(Alliance News) - Stocks in London opened lower on Tuesday, with investors awaiting Congressional testimony by US Federal Reserve Chair Jerome Powell, while investors turned a blind eye to a loss

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9 Jul 2019 07:45

LONDON MARKET PRE-OPEN: SUSE Sale Boosts Micro Focus Interim Profit

(Alliance News) - Stock prices in London are seen opening slightly lower on Tuesday, amid mixed trading in Asian equity markets, as investors look ahead to the upcoming testimony from US Federal a

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8 Jul 2019 08:46

LONDON MARKET OPEN: Imperial Brands Rises On Share Buyback Plans

(Alliance News) - Stock prices in London opened higher on Monday, with tobacco stocks among the blue chip risers after Imperial Brands launched a share buyback plan.The FTSE 100 a

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2 Jul 2019 15:58

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 3 July J SainsburyQ1 ResultsBraemar Shipping ServicesTrading TilesQ3 4

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16 May 2019 10:24

Micro Focus Maintains Annual Guidance As First-Half Trading In Line

LONDON (Alliance News) - Micro Focus International PLC on Thursday reiterated its annual guidance, saying that it still expects a mid-single-digit decline in revenue.The enterprise software

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16 May 2019 07:27

Micro Focus maintains interim guidance as it carries out return of value

(Sharecast News) - Micro Focus International updated the market on the six months ended 30 April on Thursday, saying that it expected to report interim results in line with the management guidance it gave in its preliminary results on February, on a constant currency basis.

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12 Apr 2019 11:38

Barclays downgrades Micro Focus to 'equal weight' following share price recovery

(Sharecast News) - Analysts at Barclays downgraded their recommendation on software and information technology business Micro Focus to 'equal weight' on Friday as part of a wider review of the European software and services industry's first quarter performance.

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12 Apr 2019 10:46

WINNERS & LOSERS SUMMARY: Spread Betting Firms Fall After Plus500 Woe

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - LOSERS----------Micro Focus

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12 Apr 2019 08:53

LONDON MARKET OPEN: Plus500 Slides After Quarterly Revenue Slumps

LONDON (Alliance News) - London stocks were broadly lower early on Friday, with Plus500 registering a sharp decline and Pets at Home also falling. The FTSE 100 at

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4 Apr 2019 17:06

LONDON MARKET CLOSE: Stocks Down As Investors Eye US-China Trade Talks

LONDON (Alliance News) - Stocks in London ended lower on Thursday, with ex-dividend stocks weighing on the FTSE 100 as markets await details of a US-China trade developments.The FTSE 100 index or

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4 Apr 2019 12:05

LONDON MARKET MIDDAY: FTSE 100 Lacklustre While Saga Drags On Mid-Caps

LONDON (Alliance News) - UK stocks continued to struggle on Thursday, with the FTSE 100 index having to contend with a number of ex-dividend stocks and a lack of anything new on US-China trade and

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4 Apr 2019 10:53

WINNERS & LOSERS SUMMARY: Saga Plunges On Profit Warning

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.---------FTSE 100 - LOSERS----------Direct down

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1 Apr 2019 08:48

LONDON MARKET OPEN: Stocks Up On China Data; easyJet Warns On Demand

LONDON (Alliance News) - Stock prices in London opened higher on Monday, with miners among the blue-chip risers following upbeat economic data from China, while easyJet fell after

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1 Apr 2019 07:57

TOP NEWS: Micro Focus Confirms Cash Return After SUSE Sale

LONDON (Alliance News) - Micro Focus International PLC is to return a further USD1.8 billion to shareholders, on top of the USD510 million worth of shares bought back since last August.The

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