MFGP stock news

Loosemore, 60, will stand down on Valentine's Day after 15 years as chairman and executive chairman. He is being succeeded as chairman by Greg Lock, who previously headed Computacenter's board. Read more

Micro Focus tanks as revenues plunge

05:01pm, Tuesday, 04'th Feb 2020
Micro Focus saw its share price plummet 21.13% as revenues for the 12 months ended 31st December from continuing operations fell by 29.6%. The post Micro Focus tanks as revenues plunge appeared first on Master Investor . Read more
London’s FTSE 250 was up 1.2% at 21,411.57 in afternoon trade on Tuesday. Read more
Micro Focus's long-serving millionaire chairman Kevin Loosemore is quitting the ailing company with shares crumbling again on Tuesday thanks to bleak sales figures. Read more
Micro Focus lost its chairman today as it posted a huge drop in profit in a “challenging” latest financial year, […] The post Micro Focus chairman steps down as profit plummets appeared first on CityAM . Read more
CityAM - Micro Focus lost its chairman today as it posted a huge drop in profit in a “challenging” latest financial year, […] Read more
British IT company Micro Focus Intl said its executive chairman Kevin Loosemore would stand down this month after a "challenging year" in which its revenue and core earnings fell short of expectations. Read more
SANTA CLARA, Calif., Jan. 22, 2020 /PRNewswire/ -- Micro Focus (LSE: MCRO; NYSE: MFGP) today announced the release of Voltage SmartCipher, a new offering that provides secure collaboration and simplifies unstructured data protection and management by combining critical technology features… Read more
SANTA CLARA, Calif., Nov. 18, 2019 /PRNewswire/ -- Micro Focus (LSE: MCRO; NYSE: MFGP) today announced the introduction of the industry's first Modernization Maturity Model, a best practice approach refined through thousands of successful customer engagements to assist customers and… Read more
Micro Focus International (NYSE:MFGP) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Saturday, Zacks.com reports. According to Zacks, “Micro Focus International plc is an infrastructure software company which develops, sells and supports software products and solutions. The Company’s products include Access Manager, Access […] Read more
Zacks Investment Research upgraded shares of Micro Focus International (NYSE:MFGP) from a sell rating to a hold rating in a report published on Thursday morning, Zacks.com reports. According to Zacks, “Micro Focus International plc is an infrastructure software company which develops, sells and supports software products and solutions. The Company’s products include Access Manager, Access […] Read more
SANTA CLARA, Calif., Nov. 11, 2019 /PRNewswire/ -- Micro Focus (LSE: MCRO; NYSE: MFGP) today announced that the Service Management Automation X (SMAX) customer count grew by 133% in the previous twelve months, and the product will be available as a service (SaaS) directly from Micro Focus… Read more
(Bloomberg) -- Canada’s Open Text Corp. is weighing a takeover bid for rival software firm Micro Focus International Plc, according to people familiar with the matter.Open Text is speaking spoke to potential advisers about whether to make an offer, said the people, who asked not to be identified because Read more
Micro Focus shares tumble 34% after revenue warning Read more
Micro Focus International plc (MFGP) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Read more

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