Earnings Down for Ninestar’s First Half, But Home-Printer Sales Up
Ninestar Corporation of Zhuhai, China, has released financial results for the first half of its fiscal year, January to June......
Category: Financial News
HP Inc. Announces Third-Quarter Results
Personal System revenue gains – with Consumer PC revenue up 42 percent – offset a sharp decline in printer revenue.
U.S. Trade Rep Slams Kodak – But Was PR Error to Blame?
For those following the Eastman Kodak alleged insider-trading story, this week, U.S. Trade Advisor Peter Navarro slammed Kodak executives in...
Revenue Down, but Net Income up for Fujifilm’s Latest Quarter
The firm also provided updates on its development of a COVID-19 treatment and vaccine.
Sales, Profits, Plunge for Toshiba TEC’s First Quarter
On August 11th, Toshiba TEC of Tokyo, Japan, reported results for its fiscal first quarter, which consisted of the three......
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.......
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...
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.”
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.
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...
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.
Steep Declines for Epson’s Latest Quarter
However, net profits for Epson’s Printer Solutions group was actually up 3.8 percent year-over-year.
Revenue Decline and Loss for OKI’s Latest Quarter
OKI Electric Industry Company of Tokyo, Japan, has reported results for its fiscal first quarter, the three months extending from......
Sharp Declines for Kyocera’s Latest Quarter
Kyocera Corporation of Kyoto, Japan, reported results for its fiscal first quarter, the three months that extended from April 1......
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