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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 […]
Reports: Xerox in talks to acquire HP
Xerox Holdings Corp. is reportedly in talks with HP Inc. to acquire the computer and printer giant, a deal valued at more than $27 billion. And it’s a deal that […]
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 shares soar on positive Q3 earnings report
Xerox Holdings Corp. shares spiked Tuesday on earnings that surpassed Street estimates. Company stock (NYSE: XRX) had climbed 16 percent to $35.72 in heavy volume midday, eventually settling at roughly […]
Xerox reports mixed Q2 financials
Xerox Corp. on Tuesday reported second-quarter financials that topped Street estimates for earnings but fell short on sales. For the second quarter ended June 30, Xerox reported an 8.8 percent […]
Xerox filing details ‘Project Own It,’ plans to save $1.5 billion
Xerox Corp. is exploring the possibility of a “strategic transaction” involving its customer financing business and related assets, a filing with the Securities and Exchange Commission this week shows. Monday’s […]
Xerox announces three-year growth plan
Xerox Corp. has outlined a three-year strategy to expand its market and boost its bottom line. At an Investor Day meeting, Xerox Vice Chairman and CEO John Visentin said the […]
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 […]
Xerox misses Street estimates in Q2
Xerox Corp. on Thursday reported a drop in second quarter revenues and earnings, missing Street estimates. The document company also announced plans for a $1 billion share repurchase program, and […]
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 […]
Xerox’s Visentin states plan to cut all ties with Fujifilm
New Xerox Corp. head John Visentin broke his silence Monday about the failed Fujifilm Holdings Corp. merger and subsequent $1 billion lawsuit brought against the document company. “We cannot stand […]
