FTSE 250 movers: Virgin Money soars, Future falters
28th Nov 2019 14:42
(Sharecast News) - London's FTSE 250 was higher by 0.26% at 21,008.02 in afternoon trade on Thursday, with shares of Virgin Money UK leading the index higher.
Read moreMicro Focus ends year in line with revenue and earnings guidance
20th Nov 2019 07:40
(Sharecast News) - Micro Focus International updated the market on its trading for the year ended 31 October on Wednesday, saying it expects to report full year revenue and adjusted EBITDA consistent with the revised revenue guidance it gave at the end of August, and in line with its company compiled consensus.
Read moreTuesday broker round-up
5th Nov 2019 11:57
(Sharecast News) - HSBC: Berenberg downgrades to sell with a target price of 490p.
Read moreOpen Text pours cold water on Micro Focus acquisition rumours
21st Oct 2019 07:56
(Sharecast News) - Both Micro Focus and Open Text Corporation put the kibosh on reports that the Canada-based enterprise software giant was considering a takeover bid for its London-listed peer on Monday.
Read moreMicro Focus warns on revenues; to start strategic review
29th Aug 2019 07:14
(Sharecast News) - Micro Focus said it would miss full year revenue forecasts and accelerate a company review due to weak sales and a "deteriorating" macro environment.
Read moreMicro Focus maintains interim guidance as it carries out return of value
16th May 2019 07:27
(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.
Read moreBarclays downgrades Micro Focus to 'equal weight' following share price recovery
12th Apr 2019 11:38
(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.
Read moreMicro Focus reiterates expectations for slower revenue decline
29th Mar 2019 07:30
(Sharecast News) - Software company Micro Focus International reiterated its previous guidance for the financial year on Friday, as its investors gathered for its annual general meeting.
Read moreBrian McArthur-Muscroft begins as finance chief at Micro Focus
21st Feb 2019 08:26
(Sharecast News) - Software product group Micro Focus International confirmed that Brian McArthur-Muscroft had joined its board as chief financial officer on Thursday, replacing Chris Kennedy who had left the board and the group, also with effect from Thursday.
Read moreMicro Focus bounces as it gets on top of HPE integration
14th Feb 2019 07:38
(Sharecast News) - Micro Focus said it was getting on top of the integration of the acquired HPE software business as it reported that the rate of revenue decline had eased off as last year went on and was expected to improve in 2019.
Read moreCazenove hikes Micro Focus target over big SUSE windfall
17th Dec 2018 15:35
(Sharecast News) - JP Morgan Cazenove upped its target price on Micro Focus on Monday to reflect the cash inflow from the $2.54bn disposal of the SUSE business segment.
Read moreMicro Focus starts share buyback programme
29th Aug 2018 07:59
(Sharecast News) - Micro Focus International said on Wednesday that it has begun a share buy-back programme with an initial tranche of up to $200m.
Read moreChris Hsu to lead Micro Focus after HP Enterprise merger
17th Jan 2017 07:37
(ShareCast News) - Micro Focus gave the markets some clarity on its future leadership on Tuesday, announcing the appointment of Chris Hsu as its post-merger CEO. The FTSE 100 firm had announced on 7 September that, as part of the proposed merger with the software business segment of Hewlett Packard
Read moreFTSE 100 movers: Pharmaceutical stocks lead FTSE's rally
16th Dec 2016 14:11
(ShareCast News) - The FTSE 100 rose 0.11% to 7,006.73 points on Friday afternoon with pharmaceutical stocks leading the way. Hikma Pharmaceuticals, Shire and Astrazeneca rallied on a positive read-across following reports Sanofi is in advanced talks to acquire Actelion. The companies are said to b
Read moreUBS downgrades Micro Focus on near-term risks
16th Dec 2016 09:21
(ShareCast News) - UBS downgraded Micro Focus International to 'neutral' from 'buy' and cut the price target to 2,350p from 2,420p citing near-term risks. "Notwithstanding H1's good results and a $400m planned return of value, we see the upside for the shares as limited now," the bank said. It high
Read more