Moody’s Downgrades Xerox Debt Rating, But Outlook is Stable
Moodys noted that Xerox has gained market share in the past year, particularly for office-focused offerings, but its competition remains intense in this mature industry.
Moodys noted that Xerox has gained market share in the past year, particularly for office-focused offerings, but its competition remains intense in this mature industry.
Toshiba Corporation of Tokyo, Japan, today reported results for its nine-month period, which consisted of the three quarters that ended......
Featured Posts / Financial News / Fujfilm / Fujifilm Business Innovation
by Kathleen Wirth · Published February 9, 2022 · Last modified May 11, 2022
Fujifilm of Tokyo, Japan, today reported results for its nine-month period and for its third quarter.
Sharp Corporation of Japan today reported results for its third quarter and nine-month period, with both ending on December 31, 2021.
OKI Electric Company of Tokyo, Japan, today released results for its nine-month period consisting of the nine months that ended on December 31, 2021.
Reports strong sales of copier/MFPs, increases forecast.
Company sees gains in office print volumes and hardware sales despite hardware shortages and delayed return-to-offices.
Brother International of Japan today reported results for its third quarter and nine-month period.
Featured Posts / Financial News / Konica Minolta / News
by Kathleen Wirth · Published February 1, 2022
Office unit reports lower sales of A3 MFPs, as well as order backlog, but improvement for Professional Print business.
Results said to reflect stronger sales, plus absence of prior period’s impairment loss.
by Kathleen Wirth · Published January 28, 2022 · Last modified February 17, 2022
Seiko Epson of Nagano, Japan, today released results for its third quarter and nine-month period.
Although sales were significantly affected by the unsettled situation surrounding the COVID-19 pandemic profit significantly exceeded pre-COVID 2019 profits.
Revenue declines are never good, but it is possible to see Xerox improving, with a lot resting on two things: Xerox clearing its order backlog with supply restrictions easing, and workers returning to the office this year, two things that are likely to occur.
Xerox today reported results for its fourth quarter, and complete fiscal year, with fourth-quarter revenue down, and full-year revenue flat.
Forecasts large gains for Pantum Electronics and Lexmark International.
In September, 2021, Synnex and Tech Data, both IT distributors, merged to create a $59.8 billion company, called TD Synnex, becoming the world’s largest IT distributor.
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