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Xerox Corp (XRX.N)

XRX.N on New York Stock Exchange

26.40USD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Xerox Names Steve Bandrowczak President And COO
Thursday, 21 Jun 2018 

June 21 (Reuters) - Xerox Corp ::XEROX NAMES STEVE BANDROWCZAK PRESIDENT AND CHIEF OPERATIONS OFFICER.XEROX NAMES STEVE BANDROWCZAK PRESIDENT AND CHIEF OPERATIONS OFFICER.XEROX CORP - BANDROWCZAK JOINS XEROX FROM ALIGHT SOLUTIONS, WHERE HE WAS CHIEF OPERATING OFFICER AND CHIEF INFORMATION OFFICER.XEROX - APPOINTMENT OF STEVE BANDROWCZAK AS PRESIDENT & CHIEF OPERATIONS OFFICER, AND A MEMBER OF CO'S EXECUTIVE COMMITTEE, EFFECTIVE JUNE 25, 2018.  Full Article

Fujifilm sues Xerox for well over $1 bln, plus punitive damages
Monday, 18 Jun 2018 

June 18 (Reuters) - Fujifilm says its shareholders are entitled to the benefits of the transaction that xerox had agreed to:.  Full Article

Xerox Announces John Visentin As New CEO
Thursday, 17 May 2018 

May 16 (Reuters) - Xerox Corp ::XEROX ANNOUNCES JOHN VISENTIN AS NEW CEO; SETS 2018 ANNUAL MEETING DATE.ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JULY 31, 2018.  Full Article

Fujifilm Says Disputes Xerox's Unilateral Decision To Terminate Deal
Monday, 14 May 2018 

May 14 (Reuters) - Fujifilm Holdings Corp <4901.T>::DISPUTES XEROX'S UNILATERAL DECISION TO TERMINATE THE TRANSACTION.DOESN'T THINK XEROX HAS LEGAL RIGHT TO TERMINATE AGREEMENT, LOOKING AT ALL OPTIONS INCLUDING BRINGING LEGAL ACTION SEEKING DAMAGES.TO URGE XEROX BOARD OF DIRECTORS TO RECONSIDER THEIR DECISION.  Full Article

Fujifilm Says Has Not Received A New Proposal From Xerox
Thursday, 10 May 2018 

May 10 (Reuters) - Fujifilm Holdings Corp <4901.T>::FUJIFILM SAYS HAS NOT RECEIVED A NEW PROPOSAL FROM XEROX.FUJIFILM SAYS IF WE RECEIVE A NEW PROPOSAL, WE WILL NEED TO STUDY WHETHER IT OFFERS VALUE TO SHAREHOLDERS OF FUJIFILM.  Full Article

Xerox Reports Q1 EPS $0.08 From Continuing Operations
Thursday, 3 May 2018 

May 2 (Reuters) - Xerox Corp ::XEROX REPORTS FIRST-QUARTER 2018 RESULTS.Q1 REVENUE $2.435 BILLION VERSUS I/B/E/S VIEW $2.41 BILLION.Q1 GAAP EARNINGS PER SHARE $0.08 FROM CONTINUING OPERATIONS.Q1 ADJUSTED EARNINGS PER SHARE $0.68.Q1 EARNINGS PER SHARE VIEW $0.73 -- THOMSON REUTERS I/B/E/S.NOT PROVIDING 2018 GUIDANCE DUE TO PENDING DIRECTOR APPOINTMENT, NOMINATION, SETTLEMENT AGREEMENT WITH CARL ICAHN,DARWIN DEASON, AMONG OTHERS.XEROX-"IN NORMAL COURSE OF BUSINESS, ABSENT RECENT EVENTS,WOULD HAVE REAFFIRMED FY GUIDANCE ON REVENUE, ADJUSTED OPERATING MARGIN, CASH FLOW, ADJUSTED EPS".  Full Article

Fujifilm Shares Fall More Than 3 Percent
Wednesday, 2 May 2018 

May 2 (Reuters) - Fujifilm Holdings Corp <4901.T>::FUJIFILM SHARES FALL MORE THAN 3 PERCENT.  Full Article

Xerox Confirmed Talks With Fujifilm For Potential Increase In Consideration To Be Received By Xerox Shareholders In Proposed Deal
Friday, 27 Apr 2018 

April 27 (Reuters) - Fujifilm Holdings Corp <4901.T>::XEROX - CONFIRMED TALKS WITH FUJIFILM FOR POTENTIAL INCREASE IN CONSIDERATION TO BE RECEIVED BY XEROX SHAREHOLDERS IN PROPOSED DEAL WITH FUJI XEROX.  Full Article

Fujifilm CEO: Can Overcome Opposition From Some Shareholders To Xerox Deal
Thursday, 29 Mar 2018 

March 29 (Reuters) - Fujifilm Holdings Corp <4901.T> CEO::CAN OVERCOME OPPOSITION FROM SOME SHAREHOLDERS TO XEROX DEAL.  Full Article

Xerox Reports Q4 Adjusted Earnings Of $1.04/Share
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Xerox Corp ::XEROX REPORTS STRONG FOURTH-QUARTER 2017 RESULTS; DELIVERS ON FULL-YEAR COMMITMENTS.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $3.50 TO $3.70.SEES FY 2018 GAAP EARNINGS PER SHARE $2.30 TO $2.50 FROM CONTINUING OPERATIONS.Q4 ADJUSTED EARNINGS PER SHARE $1.04.Q4 REVENUE $2.7 BILLION VERSUS I/B/E/S VIEW $2.65 BILLION.Q4 EARNINGS PER SHARE VIEW $0.97 -- THOMSON REUTERS I/B/E/S.Q4 GAAP LOSS PER SHARE $0.78 FROM CONTINUING OPERATIONS.FOR FY 2018 CO EXPECTS ITS REVENUE TRAJECTORY TO IMPROVE, DECLINING 2 TO 4 PERCENT AT CONSTANT CURRENCY‍​.FOR FY 2018 CO EXPECTS TO GENERATE OPERATING CASH FLOW FROM CONTINUING OPERATIONS OF $900 MILLION TO $1,100 MILLION.  Full Article

UPDATE 3-Fujifilm sues Xerox for well over $1 bln after aborted merger

NEW YORK, June 18 Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger.