Carl Icahn Increases Stake in Xerox
Billionaire investor Carl Ichan, who was behind the failed Xerox takeover of HP Inc., has increased his stake in Xerox.......
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Government Puts Controversial $765 Million Kodak Loan on Hold
On August 7th, the U.S. International Development Finance Corporation stated that it’s putting its proposed loan of $765 million to...
New Ricoh A4 Color MFP Rated at up to 55 PPM
The new model also supports Ricoh Cloud Workflow Solutions, whcih includes scan to and print from Box, Dropbox, Google Drive, SharePoint, RICOH Content Manager, and other cloud-based sites.
Western Europe Sees A3 Sales Slide, While Inkjet Sales Increase
According to research by International Data Corporation (IDC), the Western European printer and MFP market declined by 10.4 percent in......
Moody’s Revises Xerox Credit Ratings
“We expect revenue and EBITDA to continue declining for the remainder of 2020 followed by a return to growth in 2021.”
Japan Offering Companies Incentives to Relocate out of China
The South China Morning Post reports that the Japanese government is offering a group of 87 Japanese companies subsidies worth......
Fitch Ratings Revises Xerox Credit Rating
The firm noted that Xerox equipment sales, which fell 38 percent, may recover as postponed demand is ultimately fulfilled, but that lost post-sale revenue, which declined 34 percent, will likely not be recovered.
Canon, Xerox Appear to be Hit by Ransomware Attacks
Canon Inc. and Xerox and both appear to have been hit by ransomware attacks launched by the notorious group Maze.......
Canon Continues Amazon Toner-Cartridge Take-Downs
This week, Canon Inc. of Tokyo, Japan, continued in its campaign to remove unauthorized, third-party toner cartridges designed for use......
Bucking Trend, Sharp Ekes Out Revenue Growth
Both operating profit and net profits were also an improvement over the previous quarter, as Sharp had reported losses for the previous quarter.
Securities & Exchange Commission Investigating Kodak
According to The Wall Street Journal, the U.S. Securities & Exchange Commission (SEC) is investigating Eastman Kodak’s disclosure of a...
Flex Technology, Synnex Named HP Partners of the Year
This week, HP announced that it had selected two companies for its “Partner of the Year” award, Flex Technology Group......
HP PageWide Presses Reach Key Milestone
HP Inc. announced today that its color-inkjet production printing solution, the PageWide Web Press, has reached a milestone of 500......
Brother Reports Latest Quarterly Results
Brother Industries of Nagoya, Japan, reported results for its fiscal first quarter, the three months extending from April 1 to......
Loss for Ricoh’s Latest Quarter, But Sees Signs of Recovery
The firm also reported on the impact of lockdowns on office page volumes in Europe, the United States, and Asia.
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