Investor Carl Icahn Increases Stake in Xerox
A regulatory filing with the U.S. Securities and Exchange Commission indicates that billionaire activist investor Carl Icahn has raised his......
Tagged: Xerox
This Week in Imaging: Canon’s Inkjet-Printer Sales Boom
The long-term effect of Canon’s boom in inkjet-printer sales may be in getting users to accept inkjet versus laser, which also helps inkjet companies such as HP Inc. and Epson.
Xerox Anticipating Return to Pre-COVID-19 Revenue Levels in 2021
In its third-quarter 2020 earnings call held earlier this week, Xerox executives discussed the company’s third-quarter financial results, as well......
Xerox’s Third-Quarter Revenues, Earnings Increase Versus Second Quarter
Xerox noted that as more businesses re-opened in the third quarter, it saw print volumes and printer demand increase compared to the second quarter.
Xerox Publishes Corporate Sustainability Report
This year, the report highlights Xerox’s work to combat COVID-19, including its production of low-cost disposable ventilators and hospital-grade sanitizer.
Fourth Vendor Withdraws from drupa Commercial-Production Print Trade Show
A third vendor has withdrawn from exhibiting at the drupa 2021 trade show taking place in Dusseldorf, Germany, in April......
Fitch Affirms Xerox Rating, But Forecasts Minimal Revenue Improvement
“Xerox’s core business may not recover from the coronavirus pandemic,” the agency stated, noting that Xerox revenues have averaged a 6-percent decline over the past two and a half years before plunging 35 percent in second-quarter 2020.
Moody’s Issues Latest Investment Rating for Xerox
On September 29th, Moody’s Investors Service reported that it’s completed a periodic review of its investment ratings for Xerox Holdings.......
This Week in Imaging: The Dawn of Enterprise A4 Printers, MFPs for WFH
While many workers only require basic printing, others require copy, scan, and fax, as well as more enterprise-level features such as print-from and scan-to the cloud, OCR, and integration with workflow solutions.
Xerox Chief Financial Officer Steps Down
Xavier Heiss, a 32-year company veteran, will serve as interim CFO while the company conducts a search, both internally and externally, for a permanent successor.
As the End of Xerox Partnership Nears, Fuji Xerox Eyes North America and Europe
With the termination of its technology partnership with Xerox slated for March 2021, Fuji Xerox – now 100-percent owned by......
This Week in Imaging: How Cloud Computing Saved the Day
COVID-19 is bad enough as it is, but imagine if it struck during the 1990s and earlier. Without cloud-based computing,......
Icahn Increases Stake in Xerox Again
Carl Icahn disclosed in a filing on August 19th with the U.S. Securities and Exchange Commission that he had purchased 725,935......
This Week in Imaging: Xerox Expands into Aftermarket Supplies
Among the interesting news this week was Xerox’s expansion of its remanufactured and new-built toner cartridges for non-Xerox printers and...
Xerox Launches ‘Everyday Toner’ for Non-Xerox Printers and MFPs
Xerox recently introduced its new Everday Toner product family for non-Xerox printers and MFPs. The firm says the new line,......
Icahn Sells HP Inc. Shares
In March of this year, Xerox announced that it was ending its hostile-takeover bid for HP Inc., citing economic concerns......
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