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 ...

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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 ...

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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 ...

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Xerox Holdings Corp. has partnered with Vortran Medical Technology to produce thousands of ventilators from Xerox’s Webster campus, the two companies announced Tuesday. The production will speed and scale production of Vortran’s GO2Vent ventilator and related Airway Pressure Monitor for ...

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Xerox Holdings Corp. has bowed out of its plan to acquire HP Inc., the company said in a statement Tuesday. “The current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an environment that is ...

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Xerox Holdings Corp. has temporarily suspended its hostile takeover attempt of rival printer giant HP Inc. in light of the COVID-19 global pandemic. Xerox on Friday said it would halt its planned presentations to HP shareholders, but stressed that the ...

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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 ...

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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  ...

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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 ...

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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 to realizing increased value from your investment in HP—the proposed ...

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Hewlett Packard Inc. on Sunday shot back at Xerox Holdings Corp.’s Thursday letter threatening a hostile bid attempt by issuing its own strongly worded denunciation. “It is clear in your aggressive words and actions that Xerox is intent on forcing ...

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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 a merger between the two companies—HP announced it had rejected ...

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A federal jury on Friday convicted Richard Leon Wilbern for the fatal robbery of the Xerox Federal Credit Union in Webster in 2003. Wilbern, 59, fatally shot Raymond Batzel during the crime and wounded another customer, Joseph Doud. The jury ...

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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 could mean good things for Xerox’s Webster campus, one local ...

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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 companies said Tuesday. Both companies’ boards agreed to the deal, ...

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