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Xerox Q4 earnings beat Street estimates, HP not impressed
Fourth-quarter sales fell more than 2 percent for Xerox Holdings Corp., the document company reported this week, but still managed to beat Street estimates. For the quarter ended Dec. 31, […]
Xerox furthers hostile takeover bid in HP shareholder presentation
Xerox Holdings Corp. has launched its hostile takeover bid of Hewlett Packard Inc., beginning with an investor presentation made available to HP shareholders on Monday. “There is a clear path […]
HP rejects Xerox takeover proposal, recognizes benefit of ‘potential combination’
Days after revealing that activist investor and Xerox Holdings Corp. majority shareholder Carl Icahn had purchased $1.2 billion in Hewlett Packard Inc. stock—a sign that the 83-year-old investor wholeheartedly backed […]
Xerox to sell stake in Fuji Xerox for $2.3 billion, continue work with Fujifilm
The feud between Xerox Holdings Corp. and Fujifilm Holdings Corp. may finally be over. Fuji has agreed to acquire Xerox’s one-quarter stake in Fuji Xerox for $2.3 billion, the two […]
Xerox earnings improve in Q4
Xerox Corp. on Tuesday posted mixed fourth quarter results, falling short of some Street estimates. Revenue for the quarter ended Dec. 31 was $2.53 billion, a nearly 8 percent decrease […]
Xerox reports drop in sales in first full quarter since shakeup
Xerox Corp. on Tuesday reported a drop in third quarter revenue and earnings, missing Street estimates for sales, but beating estimates for EPS. In the first full quarter since its […]
Fujifilm wins appeal in Xerox merger deal
Xerox Corp.’s merger woes aren’t over yet. A New York Appellate court on Tuesday overturned preliminary injunctions that blocked Fujifilm Holdings Corp. from moving forward with a planned $6.1 billion […]
Fujifilm chairman accuses Xerox CEO of bad manners
The Xerox/Fuji feud is looking more and more like a bad breakup. Fujifilm Holdings Corp. Chairman Shigetaka Komori responded in kind this week to a “Dear John” letter from new […]
Fujifilm sues Xerox over collapsed merger
Fujifilm Holdings Corp. is suing Xerox Corp. for breach of contract over the failed merger earlier this year. Fuji is seeking more than $1 billion in damages. In a complaint […]
Deason claims inappropriate actions by Xerox’s Jacobson
An amended lawsuit filed by Xerox Corp.’s third-largest shareholder alleges that company CEO Jeff Jacobson pursued a deal with Fujifilm Holdings Corp. that his board neither wanted nor approved, and […]
