Xerox Holdings Corp. on Tuesday reported a significant drop in second-quarter sales and earnings, falling short of Street estimates for revenues by $80 million. For the quarter ended June 30, the printer giant posted revenue of $1.47 billion, down $798 ...

Tagged with: covid Earnings john visentin xerox

As the pandemic continues to clamp down on numerous industries, more local manufacturers find ways to stay relevant and help those in need. L3Harris Technologies this month began offering its BeOn software application for free to healthcare and public safety ...

Tagged with: bigsky carestream Century Mold covid dana mehnert face masks Foodlink greenshield hand sanitizer herogard john visentin L-Tron l3harris manufacturing xerox

Xerox Holdings Corp. on Tuesday reported a $320 million drop in first-quarter revenue and a 45-cent decline in earnings, missing Street estimates for EPS. The document company also withdrew its guidance for fiscal 2020 due to economic uncertainty surrounding the ...

Tagged with: covid19 Earnings hp john visentin xerox

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 reported revenue of $2.44 billion, down from $2.5 billion ...

Tagged with: Earnings fuji hp john visentin xerox

In another round of unsolicited involvement, Xerox Holdings Corp. has offered up a slate of directors for HP Inc., a move the computer giant called “self-serving.” As part of its ongoing hostile takeover attempt, Xerox this week said it would  ...

Tagged with: carl icahn hostile takeover hp john visentin xerox

Xerox Holdings Corp. on Monday said it had raised the $24 billion necessary for its proposed hostile takeover of HP Inc. The document company has received financial commitments from Citi, Mizuho and Bank of America. In November, Xerox officials reached ...

Tagged with: carl icahn fujifilm hp john visentin xerox