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Micro Focus International PLC (MCRO.L)

MCRO.L on London Stock Exchange

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Mon, Jan 8 2018

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Micro Focus International sinks after results, outlook disappoints

LONDON Micro Focus International, the British firm that bought Hewlett Packard Enterprise's (HPE) software assets in a $8.8 billion deal, said its revenue would fall 2-4 percent in the 12 months to October, after a disappointing sales performance in the acquired business in recent months.

BRIEF-Micro Focus Inlt H1 revenue rises 80 pct after HPE deal

* ‍REPORTED REVENUES IN SIX MONTHS TO 31 OCTOBER 2017 WERE $1,234.5M, $549.8M (80.3%) HIGHER THAN PRIOR PERIOD REPORTED REVENUES ($684.7M), WITH HPE SOFTWARE CONTRIBUTING $569.8M AND $664.7M COMING FROM EXISTING MICRO FOCUS AND SUSE PRODUCT PORTFOLIOS​

BRIEF-HPE to appoint indipendent non-executive to replace John Schultz on Micro Focus board

* ‍MICRO FOCUS INTERNATIONAL PLC ("MICRO FOCUS") (LSE: MCRO.L, NYSE: MFGP) AND HEWLETT PACKARD ENTERPRISE COMPANY ("HPE") HAVE DECIDED TO AMEND TERMS OF MERGER AGREEMENT DATED 7 SEPTEMBER 2016 IN RESPECT OF NOMINATED DIRECTORS​

Micro-lender China Rapid Finance spots opportunity in new rules

BEIJING China Rapid Finance will make any adjustments needed to its business practices and the fees it charges in response to Bejing's new requirements to clean up fast-growing online micro-lenders, its chief executive Zane Wang said on Monday.

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