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Xerox Corp (XRX.N)

XRX.N on New York Stock Exchange

31.80USD
19 Jan 2018
Change (% chg)

$0.43 (+1.37%)
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Latest Key Developments (Source: Significant Developments)

Xerox- Have Reviewed Letter From Deason And Believe His Assertions And Characterizations Are "False And Misleading"‍​
Thursday, 18 Jan 2018 

Jan 17 (Reuters) - :XEROX- HAVE REVIEWED LETTER FROM DEASON AND BELIEVE HIS ASSERTIONS AND CHARACTERIZATIONS ARE "FALSE AND MISLEADING"‍​.  Full Article

Darwin Deason Reports 6 Pct Stake In Xerox Corp
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Darwin Deason::DARWIN DEASON REPORTS 6 PERCENT STAKE IN XEROX CORP AS ON JANUARY 17, 2018 - SEC FILING.  Full Article

Darwin Deason Delivers Public Letter To The Xerox Board
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Darwin Deason::DEASON DELIVERS PUBLIC LETTER TO THE XEROX BOARD OF DIRECTORS; FILES 13D.DARWIN DEASON SAYS DEMANDS THAT XEROX IMMEDIATELY DISCLOSE ITS EXISTING JOINT VENTURE AGREEMENT WITH FUJI.DARWIN DEASON SAYS DEMAND XEROX BOARD HIRE INDEPENDENT ADVISORS AFTER TALKS TO EVALUATE STRATEGIC OPTIONS WITH FUJI, INCLUDING POTENTIAL TERMINATION OF DEAL.DARWIN DEASON SAYS FOLLOWING XEROX'S DISCLOSURE OF AGREEMENT, "WE WILL SEEK FURTHER DISCUSSION WITH BOARD REGARDING THESE MATTERS".  Full Article

Thin Film Electronics Says ‍Xerox Corp Will Acquire Certain Thinfilm Memory Intellectual Property​
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Thin Film Electronics Asa ::‍XEROX CORP. WILL ACQUIRE CERTAIN THINFILM MEMORY(TM) INTELLECTUAL PROPERTY​.THIN FILM ELECTRONICS - ‍IN RETURN, CO TO RECEIVE UP-FRONT PAYMENT PLUS AN EARN-OUT BASED ON EXISTING AGREED-TO ROYALTY SCHEDULE​.  Full Article

Xerox Receives Director Nominations From Activist Investor Carl Icahn
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Xerox Corp ::XEROX ANNOUNCES CHANGE TO BOARD OF DIRECTORS AND CONFIRMS RECEIPT OF DIRECTOR NOMINATIONS FROM CARL ICAHN.XEROX CORP - ‍ JONATHAN CHRISTODORO HAS RESIGNED FROM COMPANY'S BOARD OF DIRECTORS​.XEROX CORP - REAFFIRMED FULL YEAR GUIDANCE FOR ADJUSTED OPERATING MARGIN, EPS, CASH FLOW & REVENUE PROVIDED ON OCT 26, 2017 WITH CO'S Q3 2017 RESULTS.XEROX - IN CONNECTION WITH CHRISTODORO'S RESIGNATION, STANDSTILL ARRANGEMENT BETWEEN CO, ICAHN GROUP ENTERED INTO ON JUNE 27, 2016 WAS TERMINATED.XEROX CORP - RECEIVED NOTICE FROM ICAHN GROUP OF ITS NOMINATION OF 4 DIRECTOR CANDIDATES TO STAND FOR ELECTION AT CO'S 2018 ANNUAL MEETING.XEROX CORP - CORPORATE GOVERNANCE COMMITTEE OF BOARD WILL REVIEW AND CONSIDER ICAHN'S DIRECTOR CANDIDATES.XEROX-‍CHRISTODORO, FORMER MANAGING DIRECTOR OF ICAHN CAPITAL, RESIGNED TO ALLOW CARL ICAHN TO SUBMIT DIRECTOR NOMINATIONS FOR ELECTION AT 2018 MEETING.XEROX CORP - "IN 2017 ALONE, WE EXPECT TO MEET OR EXCEED OUR TARGET OF $600 MILLION OF GROSS COST SAVINGS".  Full Article

Xerox Corp says EVP Herve‍​ Tessler reports open market sale of 6,000 shares of co's common stock
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Xerox Corp ::Xerox Corp says EVP Herve‍​ Tessler reports open market sale of 6,000 shares of co's common stock at average price of $28.59per share on Nov 13 .  Full Article

Xerox Corp Q3 adjusted EPS 89 cents‍​‍​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Xerox Corp :Xerox Corp - qtrly GAAP EPS from continuing operations of 67 cents ‍​.Xerox Corp - qtrly adjusted eps of 89 cents‍​.Qtrly total revenue of $2.5 billion, down 5.0 percent or 5.9 percent in constant currency year-over-year ‍​.Xerox Corp - ‍​ affirms full-year revenue and adjusted operating margin guidance; raises lower-end of eps guidance.Xerox Corp sees full-year 2017 guidance of GAAP EPS from continuing operations to $1.97 to $2.13‍​.Q3 earnings per share view $0.83 -- Thomson Reuters I/B/E/S.Q3 revenue view $2.48 billion -- Thomson Reuters I/B/E/S.Xerox Corp sees full-year 2017 adjusted eps to $3.28 to $3.44.Xerox Corp - the company expects to end the year with more than $1.0 billion of cash on its balance sheet‍​.  Full Article

Xerox sets quarterly cash dividend of $0.25 per share
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Xerox Corp ::Sets quarterly cash dividend of $0.25 per share.  Full Article

Xerox announces initial settlement of offers to exchange outstanding notes
Friday, 17 Mar 2017 

Xerox Corp : Xerox announces initial settlement of offers to exchange outstanding notes . Xerox corp - initial settlement of offer to purchase $300 million in debt, exchange additional $300 million of existing debt for new 4.070% senior notes .Xerox corp - new 4.070% senior notes are due march 17, 2022.  Full Article

Xerox reports third-quarter 2016 earnings
Friday, 28 Oct 2016 

Xerox Corp : Xerox reports third-quarter 2016 earnings . Q3 GAAP earnings per share $0.17 from continuing operations . Q3 earnings per share view $0.27 -- Thomson Reuters I/B/E/S . Sees Q4 2016 adjusted earnings per share $0.32 to $0.35 . Sees fy 2016 adjusted earnings per share $1.11 to $1.14 . Sees fy 2016 GAAP earnings per share $0.45 to $0.48 . Sees Q4 2016 GAAP earnings per share $0.11 to $0.14 . Q3 adjusted earnings per share $0.27 . Q3 revenue $4.2 billion versus I/B/E/S view $4.31 billion . Xerox corp says affirms and narrows full year 2016 guidance . Xerox corp says separation remains on track to complete by year-end . Fy2016 earnings per share view $1.13 -- Thomson Reuters I/B/E/S . Xerox corp qtrly services segment revenue of $2.4 billion was up 1 percent, or down 2 percent on an adjusted constant currency basis . Q4 earnings per share view $0.34 -- Thomson Reuters I/B/E/S .Xerox corp says Conduent's stock will trade on new york stock exchange (NYSE) under symbol "CNDT".  Full Article

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Xerox-Fujifilm deal should have been changed long ago -Icahn

Hedge fund investor Carl Icahn has called for the termination or renegotiation of Xerox Corp's long-running photocopier joint venture with Fujifilm Holdings , reiterating demands for a change of leadership at Xerox.