Judge Rejects Xerox Investors’ Settlement
“The net result of the actions …was to transfer control of a public corporation to Messrs. Deason and Icahn via a private agreement that offered no tangible benefits to the interests of the class.”
Category: Xerox
Second Xerox Exec Joins Xerox C-Suite
“Having worked with Grant at Xerox, I know him to be a thoughtful and insightful executive and a dynamic, resourceful CFO.”
Increased Adoption of MPS to Boost Growth
Increased adoption of MPS by SMEs (small and mid-size enterprises) is anticipated to further boost the managed print services market during the forecast period.
Xerox to Open New Tech Center in North Carolina
A North Carolina state committee on Tuesday approved state and local incentives for Xerox that could be worth more than $13 million.
EFI Appoints Jacobson to CEO
Electronics For Imaging today announced that it’s appointed former Xerox CEO Jeff Jacobson, a 30-year veteran of the digital imaging...
This Week in Imaging: Latest Financial Round-Up: Lower Sales, Profits
This was a significant week in the office-imaging industry, with multiple vendors reporting lower sales and profits, and warning of a slowing economy.
Xerox Focusing on Growing Software, Services to Reverse Revenue Trajectory
Xerox expects that about a third of its XBS locations will begin offering IT services by the end of 2019.
Revenue Down but Net Income up for Xerox’s Second Quarter
Xerox stated that its Project Own It cost-cutting program contributed some $640 million of savings thus far in 2019.
Sentencing in Xerox Toner-Fraud Case
The losses for Xerox were at first estimated to be $24 million, but were ultimately decided to be about $9.5 million.
New Budget-Friendly A4 Models from Xerox with WiFi, Mobile Printing
Designed for budget-conscious small and home offices, Xerox today introduced three new lower-priced A4 models.
Moody’s Downgrades Clover Technologies’ Debt Rating
On July 11th, Moody’s Investors Service downgraded its ratings for 4L Technologies Inc., the parent company of Clover Technologies, to...
New Xerox Entry-Level Baltoro HF Inkjet Press Features HD ImageQuality
The firm says the Baltoro is the industry’s only entry-level cut-sheet press that provides automated intelligence and true HD image quality.
HP Inc. Discusses Newly Expanded HP-Xerox Partnership
“The differentiation between the two portfolios is going to stay fairly high.”
Former Xerox CEO Joins Siris
Jacobson will oversee Siris portfolio companies, which will likely include Electronics for Imaging.
Fujifilm Not Worried About Expanded Xerox-HP Relationship
“We continue to maintain a cooperative relationship with Xerox.”
Counterfeit Toner and Ink Supplies Continue to Harm Printer Industry
“For companies like HP, counterfeits undermine decades of focused research and testing aimed at creating superior ink and toner, and reliable, high-quality cartridges for our customers.”
