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.
Category: Xerox
As the End of Xerox Partnership Nears, Fuji Xerox Eyes North America and Europe
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This Week in Imaging: How Cloud Computing Saved the Day
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Icahn Increases Stake in Xerox Again
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New IDC Research Tracks COVID-19 Impact on Large-Format/Industrial-Printer Market
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Xerox Launches ‘Everyday Toner’ for Non-Xerox Printers and MFPs
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Icahn Sells HP Inc. Shares
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Konica Minolta Also Appears to be Hit by Ransomware Attack
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IDC Forecasts Sharply Declining Worldwide Office Print Volumes
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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.......
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.
Canon, Xerox Appear to be Hit by Ransomware Attacks
Canon Inc. and Xerox and both appear to have been hit by ransomware attacks launched by the notorious group Maze.......
Xerox Leadership Discusses Revenue Recovery, Work-at-Home
“At this point, we’re predicting a slow gradual recovery the rest of the year.”
This Week in Imaging: Rocky Earnings Week, but Kodak Shares Soar
This week saw the beginning of quarterly earnings releases from office-imaging vendors, with Canon, Kyocera, Konica Minolta, Kyocera and Xerox......
Revenue, Net Income Tumble for Xerox’s Second Quarter
Xerox today reported results for its second quarter ending on June 30, 2020, with revenue declining to $1,465 million, a......
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