Earnings Up, but Revenue Down for Xerox’s First Quarter
“Our transformation initiatives are yielding results, which give us confidence to raise our full-year earnings guidance despite revenue declines.”
Category: Xerox
Xerox Adds Security Enhancements to AltaLink MFPs
“While other networked print devices use a fractured, manual approach to cybersecurity, Xerox employs an automated response that neutralizes threats at their source.”
Xerox Merging Some XBS Companies
Meanwhile, Xerox’s share price has risen approximately 60 percent since the beginning of the year.
Xerox First to Receive Authorization for Providing MPS to Federal Agencies
“Information technology decision makers at federal agencies now know that managed print services from Xerox can improve the security of their information, cut printing costs and improve transparency.”
Xerox Getting Closer to Icahn Share-Demand Price
Last week, we explained how, in our opinion, it’s a good bet that HP Inc. will purchase Xerox. While......
HCL Announces Outsourcing Agreement with Xerox
On March 19th, HCL Technologies announced that it signed a managed services agreement with Xerox under which HCL will manage portions of Xerox’s shared services, including global administrative and support functions.
Xerox Seeks to Sell Financing Unit; Contracts with HCL for Outsourcing
Xerox also reported that, this month, it had entered into a shared services agreement with HCL Technologies, under which it will seek to outsource certain global administrative and support functions
Xerox Spin-Off Hit with Class-Action Lawsuit
The lawsuit alleges violations of Sections 10(b) and 20(a) of the U.S. Securities Exchange Act of 1934.
Xerox Seeking to Become Wholly Owned Subsidiary
The proposed reorganization comes just a few weeks after a New York judge’s decision not to dismiss Fujifilm’s $1 billion lawsuit against Xerox.
New Xerox Instant Print Kiosk with Print-from-Cloud, More
The kiosk solution also features remote device administration (EFI Self-Serve Admin Central), payment transactions, accounting, cloud-based faxing, and end-to-end data security protection.
Judge Refuses to Dismiss Fujifilm’s $1 Billion Lawsuit Against Xerox
A Manhattan federal judge has rejected Xerox’s request to dismiss Fujifilm’s $1 billion lawsuit against Xerox, stating that one of Xerox’s arguments was “thoroughly unpersuasive.”
EU Ready to Target Xerox, Others, if U.S. Imposes Auto Tariffs
The U.S. administration claims that the tariffs are for protecting the United States’ national security, as it did last year when it placed tariffs on foreign steel and aluminum.
Xerox to Close Almost Half of GIS Offices
Two sources “with knowledge of the restructuring” said Xerox plans to close roughly half of the XBS locations across the country, keeping the 40 geographical “core” businesses intact, but closing many of the smaller field offices.
Xerox Outlines Roadmap for Growth at Investor Day Meeting
In a previous post, we explained how at its 2019 Investor Day meeting last week, Xerox executives laid out how......
Xerox Unveils Sweeping Plan to Cut Costs, Simplify Operations
Relationship with Fuji Xerox also said to be stable.
Xerox Outlines Three-Year Strategy at Investor Day Conference
“By simplifying our operations, instilling a culture of continuous improvement, investing in growth areas and capitalizing on new and adjacent market opportunities, we anticipate that we can achieve flat to growing revenue by 2021.”
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