This Week in Imaging: There’s No “I” in CEO Either, or Why HP Inc. Continues to be a Good Bet
The expression has probably become a cliché at this point, but there’s still truth in the adage “There’s no ‘I’...
Tagged: Financial News
Ricoh Dismisses Reports of Layoffs, Unit Sales
The Nikkei-Asian Review also said that Ricoh would be as well selling a logistics unit in Japan, and an “aging factory for copiers and other office equipment, as well as recording “tens of billions of yen worth of impairment losses,”and setting aside “at least ¥200 billion” for mergers and acquisitions.
Xerox Wins Five-Year Copier/MFP and MPS Contract with U.S. Air Force
Xerox reported today that the United States Air Force has awarded Xerox a five-year contract for supplying copier/MFPs and managed...
Xerox Nemesis Icahn Dumped $31.3 Million Stake in Steel-Related Company (Updated)
Icahn sold his Manitowoc shares for about $32 to $34 each. After Trump’s tartiff announcement, shares of Manitowoc fell to about $26.
This Week in Imaging: A Closer Look at HP SDS and Financials; Deason Demands Xerox Board Members; More
Last week, we focused on the continuing battle between Xerox leadership and two activist investors, Carl Icahn and Darwin Deason,...
Looking for Bigger Bite of A3 Copier/MFP Market, HP Aims for 12 Percent Share by 2021
“We have now created a larger print family, which will help us address the $55 billion A3 market opportunity along with adding capabilities and revenue in A4,” said Weisler. “The integration efforts and key initiatives are on track. We are joining teams, combining our product portfolios, on boarding new partners, rationalizing SKUs, and streamlining processes.”
HP ‘Strong out of the Gate’ for First Quarter
“We’re coming out of the gate strong in Q1, with double-digit revenue and EPS growth year over year,” said Dion Weisler, president and CEO of HP Inc.
Instead of Breaking Even, Ricoh May Record Loss for Fiscal Year
Ricoh MAY record losses for its U.S. distributor Ikon Office Solutions.
Profit up Sharply for Toshiba TEC, but Profit Padding at Subsidiary Reported
Toshiba TEC of Tokyo, Japan reported higher sales and net income amongst reports that subsidiaries may have padded profits.
Toshiba Expects Return to Profitability for Fiscal Year Ending Next Month
After suffering a tough financial stretch, Toshiba fortunately returns to profitabliliy.
Seeking New Growth, Ricoh to Spend Some $1.8 Billion on Mergers and Acquisitions
The remarkable company’s past spin-offs, mergers and acquisitions come back to haunt them.
Icahn Sells $40 Million of Xerox Stock, While Fujifilm CEO Sees Copier Opportunities in Emerging Markets
While demand for copiers may have slowed in developed Western markets, Komori says there will be continuing demand in emerging economies: “Demand for copiers won’t disappear soon.”
Profits Down for Epson’s Past Nine Month, But Revenue, Profits Up for Printer Group
Sales of Epson high-capacity ink-tank inkjet printers grow in emerging economies.
Revenue Up, But Profit Down for Konica Minolta’s Nine-Month Period
Konica Minolta probably needs to expand its product portfolio but its forays into production printing may be its saving grace.
Profits, Sales Down for OKI, but Some Improvement in Printer Business
OKIs innovation with its toner-based printing solutions are apparently slowly paying off, but are they missing the boat for the worldwide demand for economical inkjet printing solutions?
Fueled by Cost-Cutting, Ricoh Reports Sales and Profits up for Nine-Month Period
Last week, Ricoh Company of Japan reported that sales for the nine-month period ending December 31, 2017 increased by 3.2...
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