This Week in Imaging: U.S. Tariff Costs Hit Printer/Copier Companies’ Revenue and Earnings
Ricoh is benefiting from the ETRIA join venture, but other cite tariff costs said to hit more in the second half of this year.
Tagged: Lexmark
Lexmark Acquisition Will Improve Xerox Profitability with New Customers, Expanded Market Share, More
Xerox, which just completed its acquisition of Lexmark International for $1.5 billion, says the new acquisition will help improve its profitability in a number of ways.
This Week in Imaging: Declining Business Confidence, New Tariffs Present Challenges
Current U.S. economic policy uncertainty today is as high as it was during the COVID-19 pandemic, and even higher than for the 2008 Great Recession and 9/ll terror attacks.
Lexmark CEO Waugerman Steps Down
Lexmark President and CEO Allen Waugerman has stepped down from his positions at Lexmark. The move coincides with Xerox’s completion......
This Week in Imaging: Xerox Acquires Lexmark, HP Considers Landa
While a lot of attention has been paid to how the acquisition will affect Xerox, what will be the effects on Lexmark, which has not been performing particularly well and is saddled with $1.05 billion in debt?
Xerox Completes Acquisition of Lexmark
As we had expected, Xerox has completed its acquisition of Lexmark International for $1.5 billion – and the big question is if the merger can revive the fortunes of both companies in what is a declining market.
This Week in Imaging: Xerox Acquisition of Lexmark Likely Imminent
It’s our opinion that with the approval of a majority of Ninestar shareholders this week, Xerox’s successful acquisition of Lexmark......
Celivevo Launches New Cloud-Print Solution for Lexmark
On June 12th, Celiveo, a provider of cloud-based print management, announced the launch of Celiveo 365, a Cloud print solution......
This Week in Imaging: A Closer Look at the New Ricoh-Brother Partnership
This week’s most interesting news was the announcement of a new partnership under which Ricoh USA will provide Brother’s A4 Workhorse printer and copier/MFP portfolio.
Xerox Slashes Dividend as Lexmark Acquisition Approaches
Dividend reduction part of company strategy to reduce debt incurred for Lexmark acquisition.
NInestar Reports Sharply Lower Profits for First Quarter
Net profit plummets, while revenue also down.
Xerox Focusing on Indirect Sales Channel, Diversifying Revenue Stream
Company focusing on indirect sales, as well expanding into digital and IT services, and production print – as it reaffirms commitment to print with pending Lexmark acquisition.
This Week in Imaging: Pros and Cons of Xerox’s Pending Acquisition of Lexmark
Despite some big potential advantages for Xerox, there are some critical potential drawbacks to it acquiring Lexmark, including aggressive responses from competitors and erosion of the Lexmark brand identity.
Xerox Leadership Discusses IT Service Growth, Lexmark, Tariffs, Growth Strategy
Company cites large existing base of SMB clients for its IT services, which are expected to top over $700 billion in revenue this year.
U.S. Tariffs on Canada, Mexico, China to go into Effect Next Week
Although many printer and copier/MFP companies have shifted production because of previous tariffs, many, such as Xerox and Lexmark would be particularly affected.
This Week in Imaging: Update on Potential Tariffs and Impacts
This week, the big news was tariffs – with the U.S. imposing 25 percent tariffs on Canada and Mexico on...
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