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Why unfashionable tech firm Micro Focus is storming the FTSE 100 leader board today featured picture

Why unfashionable tech firm Micro Focus is storming the FTSE 100 leader board today

Limited growth, specialising in an old fashioned software architecture with none of the pizzazz of newer, faster digital start-ups or FAANG giants (Facebook, Apple, Amazon, Netflix, Google). That’s how whole swathes of investors still see Micro Focus (MCRO). Dull it may be, but its shares have soared more than 14% to £17.335 in morning trade on Thursday adding a staggering near £900m to ...
Market report: Astrazeneca injects some life into the FTSE as it smashes through 7,200 featured picture

Market report: Astrazeneca injects some life into the FTSE as it smashes through 7,200

The FTSE 100 is up 0.4% 7,222.45 as positively received corporate results help provide the index with a lift on Thursday. Pharmaceutical giant AstraZeneca (AZN) gains 4% to £59.49 after a 'strong' fourth quarter led by performance of new medicines underscored its return to growth and saw the drugmaker meet its guidance. For the 12 months to 31 December, revenue fell 2% to $22.1bn and ...
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