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 leadership shakeup in May, Xerox reported a nearly 6 percent ...

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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 merger of the two companies. “Plaintiffs failed to show bad ...

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Xerox Corp. has earned top honors for its environmental, social and governance standards as part of the FTSE4Good rankings. As part of FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong environmental, social ...

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IEC Electronics Corp. has tapped a Xerox Corp. veteran to serve as its new CFO and senior vice president of finance. Thomas Barbato spent 23 years in high level finance and operational positions at Xerox, most recently serving as vice ...

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A local engineer has been chosen to participate in an esteemed symposium. Brighton resident and Xerox Corp. engineer Jeff Fowler next week will attend the National Academy of Engineering’s 24th annual U.S. Frontiers of Engineering Symposium, a meeting of the ...

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Xerox Corp. on Thursday confirmed plans to cut a number of jobs at its Webster facility, as well as facilities in Canada and throughout the U.S. “Xerox continues restructuring activities as part of its initiative to optimize its operations globally,” ...

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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 Xerox will opportunistically buy back up to $500 million in ...

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A local digital marketing solutions firm will serve as the new title sponsor of the Rochester International Jazz Festival. CGI Communications Inc. will succeed Xerox Corp. as the popular summer festival’s new sponsor, beginning with the 18th edition next year, ...

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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 Corp. CEO John Visentin, in which he detailed why ...

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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 by and let them further harm our iconic brand,” Visentin ...

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Xerox Corp. on Thursday announced the appointment of Steve Bandrowczak as president and chief operations officer. Bandrowczak also will serve as a member of the company’s executive committee. Bandrowczak joins the document company from Alight Solutions, where he was the chief ...

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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 filed with the U.S. District Court in Manhattan Monday, Fuji ...

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As part of an agreement with major shareholders Darwin Deason and Carl Icahn, Xerox Corp. on Wednesday announced that John Visentin has been named chief executive. Visentin also was elected vice chairman of the company’s board of directors, while Keith ...

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Amid turmoil among Xerox Corp. leaders and shareholders, the company last week reported a first quarter drop in revenue and earnings, missing Street estimates. The document company reported revenue for the quarter of $2.44 billion, down 0.8 percent from $2.45 ...

Tagged with: deason Earnings fujixerox icahn Jeff Jacobson xerox

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 that Jacobson orchestrated the deal in order to keep his ...

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