Sharp Corporation’s Operating Profit for Nine Months up 270 Percent
The Nikkei Asian Review reports that Sharp Corporation’s operating profit for the nine months ended in December 31, 2017 look......
Category: Financial News
Ricoh India Files for Bankruptcy Insolvency Proceedings
The troubled India subsidiary of Ricoh Company of Japan has filed for bankruptcy. “The company has come to a position......
Nuance Says First Quarter Looks Strong; CEO Retiring
Yesterday, Nuance Communications reported that, based on preliminary financial data, it expects its first-quarter revenues to be between $500.0 million......
Icahn, Deason Call for Xerox CEO, Directors Replacement, Renegotiation of Fuji Xerox Partnership
Activist investor Carl Icahn and Darwin Deason, founder of Affiliated Computer Services, today released a joint statement calling for the...
Deason, Shareholders, Demand Xerox Disclose Potential ‘Value-Destroying’ Fujifilm Deal
In December 2017, it was gadfly billionaire activist investor Carl Icahn who blasted Xerox leadership, saying the firm “desperately needs...
Canon CEO Reports Strong Year; Company Also Expanding into New Businesses
Last week, the Nikkei Asian Review interviewed Chairman and CEO Fujio Mitarai of Canon Inc. of Tokyo, Japan, who revealed that......
Toshiba Finds Buyer for Westinghouse Nuclear-Power Business
In what appears to be good news for financially strapped Toshiba Corporation of Tokyo, Japan, U.S. News reports that Brookfield......
Toshiba, Western Digital Settle, Sale of Memory Business to Proceed
Toshiba Corporation of Tokyo, Japan, reported today that it and its partner in Toshiba Memory Corporation, Western Digital, have entered......
Hong Kong Investor Tells Toshiba Sale of Memory Business Not Necessary
Financially strapped Toshiba Corporation of Japan may have received an early Christmas present of sorts, as Reuters reports that a......
Toshiba, Western Digital, Said to be Close to Deal Approving Memory Business
In what should be good news for Toshiba Corporation of Japan, Reuters reports that Toshiba’s partner in its memory-chip business,......
Nuance Reports Financials, Says Malware Attack Cost Some $68 Million
On November 28th, Nuance Communications announced financial results for its fiscal 2017 year, and for its fourth quarter that ended......
Nasdaq Sends EFI Notice Regarding Delay in Required Filing
Electronics For Imaging (EFI) reported yesterday that, as expected, it received a notification letter from the Nasdaq Stock Market stating......
HP Reports Third Consecutive Quarter of Revenue Growth, Raises Forecast
HP Inc. today posted results for its fourth quarter and full fiscal year, reporting revenue of $52.1 billion for its full......
Toshiba Seeking to Sell Westinghouse Electric, But Not PC Business
Last week, financially strapped Toshiba Corporation of Tokyo, Japan, denied reports that it’s selling its PC business to AsusTek Computer,......
Toshiba Seeking to Sell TV Business to Chinese Company for $114 Million
Toshiba Corporation of Tokyo, Japan, reported this week that it will be selling 95-percent its TV and visual-products subsidiary, Toshiba......
This Week in Imaging: Xerox Gets Serious with a Dealer Channel and A4; More
Is Xerox seeing the A4 and dealer-channel light? It seems so. This week – via comments from its CEO and......
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