"Business Adventures" went out of print decades ago and Brooks died in 1993, but his family was nice enough to let me post one chapter called "Xerox Xerox Xerox Xerox" on my blog.
|
|
Xerox – Xerox settled a lawsuit with shareholder Centerview Partners, relating to the terminated deal in which Xerox would have been combined with the Fuji Xerox joint venture between the company and Japan's Fujifilm.
|
|
Jeff Jacobson, head of Xerox technology unit, to take over as Xerox CEO June 27, 2016 Icahn registers 9.78 percent stake in Xerox.
|
|
Jeff Jacobson, head of Xerox technology unit, to take over as Xerox CEO June 27, 2016 Icahn registers 9.78 percent stake in Xerox.
|
|
Xerox (XRX) – Xerox is offering computer and printer maker HP Inc.
|
|
Xerox — Japan's Fujifilm remains set on buying Xerox despite the cancellation by Xerox of their planned merger deal, according to the Nikkei news service.
|
|
Xerox — Fuji Xerox CEO Kouichi Tamai told Reuters the joint venture between Xerox and Fujifilm would not be broken up, despite the ongoing dispute between the two companies over the planned merger that was canceled by Xerox.
|
|
It was Xerox PARC (for Palo Alto Research Center), not Xerox Park.
|
|
Xerox — Shares of Xerox jumped 4.9% following its strong fourth quarter earnings.
|
|
In January, Xerox and Fujifilm had agreed to the complex deal to merge Xerox into their Asia joint venture Fuji Xerox and give Fujifilm control.
|
|
Xerox – Xerox will sell its 25% stake in Fuji Xerox to Fujifilm for $2.3 billion, ending a 57-year joint venture between the two companies.
|
|
Xerox – Xerox is being pushed to explore a sale by investor Carl Icahn and major Xerox shareholder Darwin Deason, according to the Wall Street Journal.
|
|
Xerox subsequently said it may not renew its technology agreement with Fuji Xerox.
|
|
Xerox fired the latest volley in the Xerox -HP merger letter wars today.
|
|
In January, Fujifilm and Xerox agreed to a complex deal to merge Xerox into their 56-year-old Asia joint venture Fuji Xerox and give Fujifilm control.
|
|
Xerox Holdings— Shares of Xerox jumped 4.9% when is said it will sell its 25% stake in Fuji Xerox, its joint venture with Fujifilm, for $2.3 billion.
|
|
Xerox – Japan's Fujifilm said it was planning to sue Xerox after the U.S. company abandoned its $6.1 billion deal to merge with the Fuji Xerox joint venture.
|
|
Fuji Xerox, 75 percent owned by Fujifilm, handles contracts that supply global clients with Xerox services in the United States and Europe, and Fuji Xerox services in Asia.
|
|
"Xerox CEO Jeff Jacobson was fully authorized to engage in discussions with Fujifilm and Fuji Xerox on the proposed combination," Xerox Chairman Robert Keegan said in the statement.
|
|
A merger would have combined Xerox with the 56-year-old joint venture Fujifilm Xerox, in which Fujifilm and Xerox had stakes of 183 percent and 25 percent, respectively.
|
|
Moreover, Xerox no longer builds its own office copiers, instead relying mostly on Fuji Xerox.
|
|
HP called Xerox&aposs bid opportunistic, stressing the Xerox&aposs deal doesn&apost make sense.
|
|
Xerox (XRX) – Xerox plans to host a dinner this week for shareholders of HP Inc.
|
|
Fuji Xerox - 75 percent owned by Fujifilm - can grow on its own, but Xerox depends on Fuji Xerox to produce almost all of the U.S. firm's copier machines, Komori said.
|
|
Xerox spent decades as the Google of its generation ("I'm going to go Xerox this document").
|
|
As part of the deal announced by Xerox and Fujifilm on Tuesday, Xerox will also sell its majority stake in another smaller joint venture with Fuji Xerox to the Japanese firm.
|
|
Xerox and Fujifilm agreed in late January to a $6.1 billion deal that would merge the U.S. printer and copier maker into Fuji Xerox, an existing joint venture between Xerox and Fujifilm.
|
|
Xerox — Xerox reported adjusted quarterly profit of 22 cents per share, 1 cent a share below estimates.
|
|
Xerox (XRX) settled a lawsuit with shareholder Centerview Partners, relating to the terminated deal in which Xerox would have been combined with the Fuji Xerox joint venture between the company and Japan's Fujifilm.
|
|
So we're still a subsidiary of Xerox, so slightly less than half of our funding comes from Xerox.
|
|
Xerox – Xerox beat estimates by 11 cents a share, with adjusted quarterly profit of 99 cents per share.
|
|
Xerox – Xerox shares jumped about 27 percent after the company posted better-than-expected earnings guidance for 23.
|
|
For Fuji Xerox, a breakup with Xerox could result in the loss of over $1 billion in revenue.
|
|
The work was done at the company's Silicon Valley-based Xerox Palo Alto Research Center, or Xerox PARC.
|
|
The 75/25-percent joint venture largely operated in the Japan/Asia-Pacific region, with Xerox maintaining its own footprint in its native U.S. Under this new deal, the existing Fuji Xerox is becoming a subsidiary of Xerox, with the combined companies now referred to as, get this, Fuji Xerox.
|
|
The two investors, who control 15 percent of Xerox, argue the transaction dramatically undervalues Xerox and "disproportionately" favors Fuji.
|
|
Xerox — Xerox came in five cents a share above estimates, with adjusted quarterly profit of 22 cents per share.
|
|
Quick hits: Xerox will become a subsidiary of Fujifilm under the name of their existing joint venture, Fuji Xerox.
|
|
That's when the company debuted its new name, the Haloid Xerox Company, which we know today as simply Xerox.
|
|
Xerox split into two companies last year: Conduent, which contains its business services units, and Xerox, the equipment maker.
|
|
Xerox offered to pay $296 per share, comprising $230 in cash and 219 Xerox shares for each HP share.
|
|
Xerox – Xerox is in talks to strike a major deal with Japan's Fujifilm, according to the Wall Street Journal.
|
|
Xerox – Xerox came in seven cents a share above estimates, with adjusted quarterly profit of 87 cents per share.
|
|
On Tuesday, Xerox shareholders Carl Icahn and Darwin Deason criticized a deal which would see Xerox sold to Fujifilm.
|
|
UBS analysts estimated in February that the deal valued Xerox at $40 a share - $9.80 in cash for every Xerox share held and calculated the stake in the proposed new Fuji Xerox to be worth $30.
|
|
Xerox – Xerox has privately rejected R.R. Donnelley's bid to merge with Xerox's document business, according to The Wall Street Journal.
|
|
On Tuesday, Xerox completed a spinoff of its business services unit, Conduent, after which Xerox shares jumped nearly 20 percent.
|
|
Investor activism stopped a deal in 2018 that would've merged Xerox into Fuji Xerox and given Fujifilm control, Reuters reported.
|
|
Xerox – Japan's Fujifilm will ask a judge to enforce its merger agreement with Xerox, according to the New York Post.
|
|
"The show was like a Xerox of a Xerox—a confused parody of something we had never seen," Timbers said.
|
|
Xerox (XRX) – Xerox plans to nominate up to 11 directors to the board of computer and printer maker HP Inc.
|
|
"The potential benefits of a combination between HP and Xerox are self-evident," Xerox CEO John Visentin wrote last week.
|
|
Moreover, Xerox no longer builds its own office copiers, instead relying mostly on Fuji Xerox, while Fuji Xerox is also seen as needing Xerox's brand power to boost its presence in China and other parts of Asia.
|
|
Fuji Xerox CEO Kouichi Tamai told Reuters the joint venture between Xerox (XRX) and Fujifilm would not be broken up, despite the ongoing dispute between the two companies over the planned merger that was canceled by Xerox.
|
|
"Xerox has recently been subject to the whims of activist investors Carl Icahn and Darwin Deason, who, notwithstanding their minority ownership of Xerox shares, have yanked the Xerox Board in more directions than can be counted," Fujifilm said.
|
|
Xerox shareholders will get one share of the new company known as Conduent for every five Xerox shares they now hold.
|
|
Xerox – Japan's Fujifilm said it was willing to discuss possible changes to its deal to buy a majority stake in Xerox.
|
|
Xerox – Xerox should push ahead in its bid to buy computer and printer maker HP, according to activist investor Carl Icahn.
|
|
Xerox – Xerox will be absorbed into its joint venture with Japan's Fujifilm, under a new agreement struck between the two companies.
|
|
Icahn nominee Jonathan Christodoro steps down from Xerox board * Icahn says to nominate four candidates for election to Xerox board Dec.
|
|
Icahn nominee Jonathan Christodoro steps down from Xerox board - Icahn says here to nominate four candidates for election to Xerox board Dec.
|
|
" Xerox: "My problem with Xerox is that I think there's a lot of value there, but it does have to unlock it.
|
|
Xerox – A judge has temporarily blocked Fujifilm's acquisition of a controlling stake in Xerox, a ruling that reopens nominations to Xerox's board.
|
|
Xerox – Xerox named John Visentin as its new CEO, after abandoning its deal to give control of the company to Japan's Fujifilm.
|
|
But just as Xerox made carbon paper obsolete, the iPhone, Google Docs and the cloud made Xerox a company of the past.
|
|
Xerox, in its copying and printing business, faces similar challenges to HP. But Xerox is strong in larger machines for office work.
|
|
With the dispute behind it and more cash in hand, Xerox set its sights on HP. Xerox has offered to acquire HP for between $22 and $23 per share, to be paid in cash and Xerox stock, the sources said.
|
|
Photocopier maker Fuji Xerox, 75 percent owned by Japan's Fujifilm and the rest by U.S. copier firm Xerox, is central to a months-long battle between the partners over a $6.1 billion merger combining Xerox with the 56-year-old venture.
|
|
In connection with the separation from Xerox Corporation (Xerox), Conduent will raise approximately $2.2 billion of new borrowings under XBS and transfer approximately $1.9 billion of net proceeds to Xerox, with remaining net proceeds being added to the balance sheet.
|
|
XEROX NOT PULLING SPONSORSHIP: Xerox has donated money to presidential nominating conventions going back to 85033, and it is not stopping this year.
|
|
The Journal also reported that the Xerox discussions are preliminary and might not lead to an offer for HP. Xerox declined to comment.
|
|
Xerox also said it was ending the deal partly because Fujifilm had failed to provide audited financial information for Fuji Xerox by an April 15 deadline and that there were "material deviations" between audited Fuji Xerox financial statements and unaudited statements provided previously.
|
|
HP, Xerox — Shares of HP and Xerox climbed 1.413% and 2.8% respectively after the Wall Street Journal reported activist investor Carl Icahn bought a $1.2 billion stake in HP and is pushing for the personal computer maker's merger with printer maker Xerox.
|
|
At the end of January, Xerox and Fuji announced that Fuji would acquire 50.1 percent of Xerox, revealing an agreement Deason says was concealed for 17 years from Xerox shareholders: that Fuji would control Xerox's intellectual property and manufacturing rights in Asia.
|
|
The Fuji Xerox joint venture, 75 percent owned by Fujifilm and 25 percent by Xerox, has struggled with slow demand for office photocopying products.
|
|
Xerox and Fuji agreed in January to a complex deal thatwould have merged Xerox into their Asia joint venture Fuji Xeroxand given Fujifilm control.
|
|
Icahn and Deason, who own a combined 15 percent of Xerox, have repeatedly urged fellow shareholders to oppose the $6.1 billion Fuji-Xerox deal.
|
|
The venture accounts for nearly half of Fujifilm's revenue while Xerox no longer builds its own office copiers, instead relying mostly on Fuji Xerox.
|
|
This follows a lawsuit by activist investor Darwin Deason, who along with fellow Xerox shareholder Carl Icahn has said the deal substantially undervalues Xerox.
|
|
His father, Lester Corrsin, was a scientist at Haloid Xerox Corporation and its successor, Xerox, and taught physics and computer science at Bard College.
|
|
Xerox will be folded into Fujifilm's existing joint venture with the U.S. company while 10,000 jobs will be cut from Fujifilm's Fuji Xerox subsidiary.
|
|
The naming conventions on this one are admittedly convoluted, but the situation essentially shakes out like this: Fujifilm and Xerox founded Fuji Xerox in 1962.
|
|
Under the current joint venture agreement, Fuji Xerox is focused on Asia Pacific - the region with the highest growth potential - while Xerox covers the rest.
|
|
"We don't believe (the appeals court's ruling) means very much for Xerox, because Xerox terminated that transaction for reasons unrelated to the injunctions," said Visentin.
|
|
Xerox said on Tuesday it will sell its 25% stake in Fuji Xerox, the joint venture between the company and Japan's Fujifilm, for $2.3 billion.
|
|
Fuji, meanwhile, sued Xerox in federal court in Manhattan in June 2018, alleging that Xerox breached their merger agreement and owed Fuji billion-dollar damages.
|
|
Xerox makes no direct contributions to either political party and neither Xerox nor its political action committee endorses or has ever endorsed any presidential candidate.
|
|
The two companies agreed in January to a complex deal that would have merged Xerox into their Asia joint venture Fuji Xerox and given Fujifilm control.
|
|
Xerox — Xerox spinoff Conduent will hold an investor day today to present its business strategy as it prepares to become a separate company later this month.
|
|
Xerox and Fujifilm initially shared ownership, but Xerox sold half its stake to its Japanese partner n 2001, at a time when it was struggling financially.
|
|
Xerox (XRX) will sell its 25% stake in Fuji Xerox to Fujifilm Holdings for $2.3 billion, ending a 57-year joint venture between the 2 companies.
|
|
Xerox allowed Apple and Microsoft to walk away with some of the building blocks of the modern computer revolution after not really supporting the Xerox Alto.
|
|
Fujifilm and Xerox have become heavily reliant on each other through their joint venture Fuji Xerox, and many analysts argue the two businesses are inextricably intertwined.
|
|
Fujifilm, which had objected to the settlement between Xerox and the activists, said it was satisfied that Xerox had not settled with the activists this week.
|
|
Xerox and Fujifilm initially shared ownership, but Xerox sold half its stake to its Japanese partner in 2001, at a time when it was struggling financially.
|
|
Xerox will separate Conduent, which will be comprised of the Business Process Outsourcing (BPO) businesses within Xerox's Services segment (excluding the Document Outsourcing business that will remain at Xerox) through a spin-off transaction intended to be tax-free for Xerox shareholders for federal income tax purposes.
|
|
Xerox – Xerox was dealt a setback in court, as Japan's Fujifilm won an appeal in its battle with the office equipment company over their aborted merger deal.
|
|
Xerox — Morgan Stanley downgraded Xerox to "underweight" from "equal-weight," expressing concerns about the cost of a restructuring and its planned split into two separate public companies.
|
|
Xerox will sell its 25% stake in Fuji Xerox, its joint venture with Fujifilm, for $2.3 billion, after investor activism scuppered a deal involving the two companies.
|
|
Xerox – CEO Jeff Jacobson and most of the company's board will step down as part of a settlement with major Xerox shareholders Carl Icahn and Darwin Deason.
|
|
The two companies agreed early last year to a complex deal that would have merged Xerox into their Asia joint venture Fuji Xerox and given Fujifilm control.
|
|
Icahn and Deason, who together hold 15 percent of Xerox, won a rare court order to temporarily block the deal with Fujifilm, which they said undervalued Xerox.
|
|
Inside Xerox, the Alto was known as an "interim Dynabook," a reference to the prototype for a portable machine envisioned by the Xerox computer scientist Alan Kay.
|
|
Xerox board members "were once again intentionally violating their fiduciary duties to Xerox shareholders by pursuing their own brazen self-interest," they said in a news release.
|
|
Earlier this month, Xerox made it clear it was interested in acquiring HP, whose market capitalization, at over $210 billion, is over three times larger than Xerox.
|
|
In a complex deal, Fuji Xerox would buy back Fujifilm's 75 percent stake in their joint venture before Fujifilm would then purchase 50.1 percent of new Xerox shares.
|
|
XEROX PLANNING SPINOFF | Xerox has agreed to spin off its services business to its shareholders by the end of the year, separating it from the legacy hardware side,
|
|
Xerox made a $33.5 billion cash-and-stock offer for HP earlier in November, the company said on Sunday, citing a letter received from Xerox on Nov. 5.
|
|
Xerox – Investor Carl Icahn told Japan's Nikkei newspaper that Xerox could face bankruptcy if it goes ahead with its deal to sell a controlling stake to Japan's Fujifilm.
|
|
Xerox had offered to buy HP for $22 a share, but HP rejected that offer last week, prompting Xerox CEO John Visentin to write back with an ultimatum.
|
|
Xerox (XRX) is being pushed to explore a sale by investor Carl Icahn and major Xerox shareholder and fellow billionaire Darwin Deason, according to the Wall Street Journal.
|
|
Xerox — Activist investor Darwin Deason is seeking to nominate a new Xerox board, as he and fellow investor Carl Icahn continue to oppose a takeover by Japan's Fujifilm.
|
|
HP-M-A-XEROX-HLNGS/ HP says open to exploring bid for Xerox HP Inc said on Sunday it was open to exploring a bid for U.S. printer maker Xerox Corp after rebuffing a $063 billion cash-and-stock acquisition offer from the latter as "significantly" undervaluing the personal computer maker.
|
|
Xerox would be divided into separate hardware and services companies in the split, which could happen as soon as Friday morning when Xerox reports earnings, sources told the Journal.
|
|
At Xerox, when the corporate managers took over its personal computer project and tried to commercialize the Alto, named the Xerox Star, they priced it at more than $16,123.
|
|
Xerox said last month it would start sourcing products from new vendors to lower its dependence on Fujifilm, and cautioned it may not renew a technology agreement with Fuji Xerox.
|
|
"Xerox started to lose speed in the technology race," said Abraham Seidmann, Xerox professor of computers and information systems and operations management at the University of Rochester's Simon Business School.
|
|
Xerox and Fujifilm have a five-decade-old copier joint venture focusing on the Asia Pacific region including Japan and China, leaving Xerox to cover the rest of the world.
|
|
Not long after Xerox PARC formulated the idea, IBM licensed its own version of it from Xerox, putting its own twist on it, calling it a cryptographic envelope, or cryptolope.
|
|
Activist investor Carl Icahn, who owns a 10.6% stake in Xerox, has been pushing for a merger between Xerox and HP, in which he recently bought a $1.2 billion stake.
|
|
For example, when you see a company using its brand as an adjective ("Use a Xerox copier") rather than a verb ("Go Xerox this"), it is trying to prevent genericization.
|
|
The Xerox deal to combine with Fujifilm took another blow Tuesday when its third-largest shareholder, Darwin Deason, sued Xerox and Fuji in New York state court for alleged fraud.
|
|
Among stocks that might have reacted to news in normal circumstances: Xerox — Xerox announced that Jeff Jacobson will be chief executive officer following Xerox's planned split into two publicly traded companies.
|
|
Xerox (XRX), HP Inc (HPQ) — The stock price of both companies rose in midday trading after Xerox raised its bid to acquire HP to $234.4 a share from $28 a share.
|
|
Sukeno said Fujifilm will point out through litigation that Xerox has no legal right to unilaterally terminate the deal and that the deal is in the best interests of Xerox shareholders.
|
|
Xerox – Xerox said CEO Jeff Jacobson and various board members will remain in place, after an agreement with shareholders Darwin Deason and Carl Icahn had expired amid some last minute disagreements.
|
|
In an emailed statement, Xerox told Reuters it considered several other options in detail and concluded that the combination with Fuji Xerox is the "best path to create value" for the company.
|
|
Quarterly earnings from continuing operations was down from last year primarily due to lower equity income, including the Xerox share of a Fuji Xerox restructuring charge, the company said in a statement.
|
|
The two companies in January agreed to a complex $6.1 billion deal that would merge Xerox into their Asia joint venture Fuji Xerox, which Fujifilm would control with a 50.1 percent stake.
|
|
Bloomberg, which first reported the talks on Monday, said that Xerox would look to acquire RR Donnelley, and then merge parts of it within the two newly created companies Xerox is forming.
|
|
Xerox offered HP $22 per share in its takeover bid for the company, consisting of 77% cash and 23% stock, or $17 in cash and 0.137 Xerox share for each HP share.
|
|
"Our message to HP shareholders is clear: the Xerox offer undervalues HP and disproportionately benefits Xerox shareholders at the expense of HP shareholders," Chip Bergh, chair of HP's board, said on Thursday.
|
|
But the two sides publicly disagreed about how much Xerox was worth, with Icahn and Deason arguing a deal would need to value Xerox at $40 a share or more in cash.
|
|
Levi & Korsinsky asserts, among other things, that if Xerox ends up settling or being found liable in Fuji's breach of contract case, Xerox board members should bear a share of the responsibility.
|
|
Fujifilm and Xerox reopened talks on their $6.1-billion merger and are discussing a higher price after Xerox, under pressure from top investors, asked to renegotiate the terms, Reuters had reported earlier.
|
|
"A comprehensive review of strategic and financial alternatives conducted over many months by the independent members of the Xerox Board of Directors, in consultation with independent financial and legal advisors, considered several other options in detail and concluded that the combination with Fuji Xerox is the best path to create value for Xerox shareholders," a spokesperson wrote to TechCrunch.
|
|
Xerox shares jumped 4 percent after the Wall Street Journal reported the copier maker was in deal talks with Japanese camera maker Fujifilm Holdings that could include a change in control of Xerox.
|
|
The shareholder duo has said the merger dramatically undervalues Xerox and criticized the deal structure, which calls for the U.S. firm to be combined into the Fuji Xerox joint venture, as being convoluted.
|
|
Xerox shares jumped 5 percent after the Wall Street Journal reported the copier maker was in deal talks with Japanese camera maker Fujifilm Holdings that could include a change in control of Xerox.
|
|
The two companies in January agreed to a complex deal that would merge Xerox into their 56-year-old Asia joint venture Fuji Xerox, which Fujifilm would control with a 50.1 percent stake.
|
|
On Monday, Xerox had said it will sell its 25% stake in Fuji Xerox, its joint venture with Fujifilm Holdings, for $2.3 billion, after investor activism scuppered a deal involving the two companies.
|
|
Elsewhere, Fujifilm Holdings climbed 6.7% after the Wall Street Journal reported that Xerox has agreed to sell its 25% stake in the joint venture, Fuji Xerox, to Fujifilm for $2.2 billion, citing sources.
|
|
After a 36-year career with Xerox, Burns retired as Xerox CEO in December 2016, leaving the board after the 2017 shareholder meeting as the company split in two, according to regulatory filings.
|
|
Xerox wants to replace HP board that rejected takeover bid
|
|
They are separately looking to shake up the Xerox board.
|
|
The internet is just a Xerox machine for fake quotes.
|
|
Xerox (XRX) is offering computer and printer maker HP Inc.
|
|
Xerox did not respond to a Reuters' request for comment.
|
|
HP INC CONFIRMS PROPOSAL FROM XEROX REGARDING POTENTIAL BUSINESS COMBINATION
|
|
" Xerox Corp, Alcoa: "I want to own both of them.
|
|
In a statement, Xerox vehemently disagreed with Icahn and Deason.
|
|
T) on Wednesday threatened to compete against Xerox Corp (XRX.
|
|
SO YOU'D STILL BE OPEN OBVIOUSLY TO XEROX BEING SOLD.
|
|
Xerox had offered to buy HP for $22 a share.
|
|
Looks like HP and Xerox may be going to war.
|
|
Got a tip about HP, Xerox or another tech company?
|
|
We want to hear our readers' most memorable Xerox moments.
|
|
With its business under pressure, Xerox dabbled in financial services.
|
|
Under the deal announced on Wednesday, Xerox, of Norwalk, Conn.
|
|
Xerox did not immediately respond to a request for comment.
|
|
Xerox intends to cut costs by more than $640 million.
|
|
Xerox is making a bold bet to go it alone.
|
|
N reiterated on Sunday its rejection of Xerox Corp's XRX.
|
|
"She bled for Xerox, and everybody knew it," she said.
|
|
Xerox became famous for its hardware — its copiers were so ubiquitous that the name Xerox became a verb — and it also invented an early graphic interface and mouse now so familiar with modern computers.
|
|
Fujifilm said the previously agreed deal valued Xerox at $8.6 billion, or an 8 percent premium over the average Xerox stock price of $29.7 per share over a month before the deal was announced.
|
|
Xerox shares jumped about 5 percent after the Wall Street Journal reported the copier maker was in deal talks with Japanese camera maker Fujifilm Holdings that could include a change in control of Xerox.
|
|
The third-largest shareholder of Xerox said he had written to the board over eight months ago on the copier maker's relationship with Fuji and requested relevant documents but Xerox failed to provide them.
|
|
Fujifilm and Xerox struck a complex deal in January to combine the U.S. company into their existing joint venture, Fuji Xerox, to gain scale and cut costs as demand for office printing equipment declines.
|
|
" On other advertising accounts, Mr. Cox helped Xerox expand its image from that of the maker of a single product, the copier, to the multifaceted "Team Xerox," which would furnish "the office of tomorrow.
|
|
Xerox had said on Monday it would start sourcing products from new vendors to lower its dependency on Fujifilm and may not renew the agreement with the 56-year-old joint venture Fuji Xerox.
|
|
Xerox shares jumped 10 percent after the Wall Street Journal reported the copier maker was in talks for a deal with Japanese camera maker Fujifilm Holdings that could include a change in control of Xerox.
|
|
Fujifilm and Xerox struck a $6.1 billion deal in January to combine the U.S. company into their existing joint venture, Fuji Xerox, to gain scale and cut costs as demand for office printing equipment declines.
|
|
While the legend may have begun at Xerox, I believe the culture began when Apple visited Xerox and borrowed/stole (depending on who you believe) the idea of the computer mouse for Apple's newest computer.
|
|
Xerox, however, said in its disclosures Visentin told Weisler that an acquisition of HP would be highly accretive for Xerox shareholders, despite the fact that a transaction in the opposite direction would be more straightforward.
|
|
Xerox, however, said in its disclosures Visentin told Weisler that an acquisition of HP would be highly accretive for Xerox shareholders, despite the fact that a transaction in the opposite direction would be more straightforward.
|
|
Before arriving at Microsoft, Simonyi helped build Bravo word processing software at the Xerox Palo Alto Research Center, the lab known as Xerox PARC that gave birth to the graphical user interface and other technologies.
|
|
To date, Mechanical Turk has stubbornly remained the Xerox of crowdwork.
|
|
" Following the announcement, Credit Suisse upgraded Xerox to "outperform" from "neutral.
|
|
A xerox machine could be made by any number of manufacturers.
|
|
Assigned to run Xerox Puerto Rico, the company's poorest-performing region.
|
|
"The world outside Xerox was changing," he wrote in "Winners Dream".
|
|
It's a question his former Xerox boss Anne Mulcahy asked herself.
|
|
Advanced Micro Devices, Hanesbrands and Xerox have also staged stellar comebacks.
|
|
Xerox, Hanesbrands and Mattel all fell more than 20% during December.
|
|
These companies include Big Lots, Hewlett-Packard, Macy's, Xerox and Kohl's.
|
|
Xerox shares were up 3.6 percent at $10.24 in morning trading.
|
|
Shares of Xerox Corporation rose 9 cents to $9.14 on Friday.
|
|
Most will work out of Alchemist's office space in Xerox PARC.
|
|
His mother retired as an account manager in Washington for Xerox.
|
|
Rumors have been flying today about Xerox possibly buying HP Inc.
|
|
Both HP and Xerox have announced streamlining measures in recent months.
|
|
" Successful technology companies have earned verbs: "Google it," or "Xerox it.
|
|
Xerox shares closed little changed at $28.38 per share on Friday.
|
|
Shares of Xerox closed 1.6 percent higher at $28.96 on Wednesday.
|
|
Xerox was not immediately available for comment outside regular business hours.
|
|
I THINK XEROX COULD FIT IN WITH A NUMBER OF COMPANIES.
|
|
Xerox projected this trend would continue into the next fiscal year.
|
|
In larger companies, "Xerox rooms" became a place to hang out.
|
|
The question is whether Mr. Icahn can solve what ails Xerox.
|
|
In the same way that Kleenex or Xerox is a noun.
|
|
What's next: Fujifilm will want Xerox to continue pursuing their deal.
|
|
Xerox unveiled its unsolicited bid to buy HP late last year.
|
|
After graduating with a degree in communications, Schultz worked for Xerox.
|
|
Or a haunted Xerox machine ghostwriting a message on Duchamp's behalf?
|
|
When Jobs visited Xerox PARC in 1979, he met with Tesler.
|
|
He launched a revenge mission, accusing Pelosi of a Xerox felony.
|
|
Law firm King & Spalding represents Deason while Paul Weiss represents Xerox.
|
|
"The judge in Xerox didn't have the Delaware glaze," Grant said.
|
|
Xerox, which pioneered photocopiers, and Fujifilm already have a five-decade old Tokyo-based copier joint venture focusing on the Asia Pacific region including Japan and China, leaving Xerox to cover the rest of the world.
|
|
Xerox has said it is exploring its strategic options after it ended its deal with Fujifilm, following pressure from Icahn, a billionaire investor, and Deason, a former executive at a company that Xerox acquired several years ago.
|
|
The head of Fuji Xerox Co Ltd, a 56-year-old joint venture between Fujifilm and Xerox, said this week he was confident that the escalating dispute between the partners would not lead to the venture's dissolution.
|
|
Fuji Xerox, the Japan-based joint venture between Xerox and Fujifilm Holdings, said on Monday that its chairman and three other executives were stepping down over accounting problems discovered at its operations in Australia and New Zealand.
|
|
Shannon Cross from Cross Research said an incremental five dollars plus benefit from synergies from the Fuji-Xerox deal should result over time in a value for Xerox stock that would be above the $40 per share.
|
|
"At Xerox he pushed a lot for things to be simpler in ways that would broaden the base of users," said David Liddle, a veteran Silicon Valley venture capitalist who worked with Mr. Tesler at Xerox PARC.
|
|
Xerox, RideScout and GlobeSherpa have also partnered with Lyft using the API.
|
|
The engineers took what they learned from Xerox and created the Lisa.
|
|
Current Xerox shareholders will receive a cash dividend of $9.80 per share.
|
|
There's Ursula Burns at Xerox, obviously, but it's not a long list.
|
|
" Credit Suisse sees significant opportunity with Xerox in a, "secularly declining industry.
|
|
Fujifilm owns 75 percent of the joint venture and Xerox the remainder.
|
|
Xerox has been grappling with declining annual revenue for four consecutive years.
|
|
On Friday, investors welcomed the split, sending Xerox shares up 5.6 percent.
|
|
Visentin had previously been hired by Icahn to assist in fighting Xerox.
|
|
It was started by ... give a little short history of Xerox PARC.
|
|
Xerox, Caterpillar and Samsonite did not immediately respond to requests for comment.
|
|
I wanted to do a chapter on the women of Xerox PARC.
|
|
Two decades later, in 2009, she took over as CEO of Xerox.
|
|
Shares of Xerox were down 1.2 percent in late trading on Wednesday.
|
|
Icahn has also called for Xerox CEO Jeff Jacobson to be replaced.
|
|
Xerox said it planned to cut costs by more than $640 million.
|
|
Jobs was intrigued by the graphics technology at Xerox, and the mouse.
|
|
But Tamai said turning to other vendors would be disadvantageous for Xerox.
|
|
A unit of Xerox Corp now runs the city's traffic camera system.
|
|
Related: Joy Division Tees Meet a Xerox Machine From Hell in denial.of.
|
|
I got to run a Xerox machine and copy documents with Dad.
|
|
"Fujifilm will urge the Xerox board of directors to reconsider their decision."
|
|
HP confirms it has received a proposal from Xerox about being acquired
|
|
Barclays upgraded its rating on Xerox from underweight to neutral on Monday.
|
|
I asked how they proposed to deliver that premium to Xerox investors.
|
|
I did enter "clone" for 62-58, "Exact copy," instead of XEROX.
|
|
Read more: Taser, Xerox, Popsicle, and 31 more brands-turned-household names
|
|
Xerox said it will once again donate to the convention, as well.
|
|
New York (CNN Business)Xerox is reportedly considering buying Hewlett-Packard Inc.
|
|
Xerox shares were up 2.5 percent in late afternoon trading on Monday.
|
|
Jacobson, who joined Xerox in early 2012, is also a board member.
|
|
" Xerox says it will defend itself and Deason's allegations are "without merit.
|
|
"We can now expand our sales territory...and launch new products," because Fuji Xerox will now be able to sell copiers not just to Xerox, but also to other brands in the United States and Europe, he said
|
|
Between 1960 and 1979, the 914 earned Xerox around forty billion dollars—funding, among other things, the construction of the corporate campus in Rochester, and jump-starting the development of the personal computer, at Xerox PARC , in California.
|
|
"I'm confident a breakup will not happen because that wouldn't make sense (for Xerox) in terms of the energy, money and time it would take to do so," Fuji Xerox President Kouichi Tamai told Reuters in an interview.
|
|
TOKYO — Fuji Xerox, the Japan-based joint venture between Xerox and Fujifilm Holdings, said on Monday that its chairman and three other executives were stepping down over accounting problems discovered at its operations in Australia and New Zealand.
|
|
Deason also claims an accounting scandal at the Fuji-Xerox joint venture and an independent report that criticized Fuji for its prominent role in contributing to the matter gave Xerox the right to terminate the joint venture agreements.
|
|
Fujifilm, which was to take a majority stake in the combined company as part of the deal, has sued Xerox, winning an appeal last week giving the Japanese company leverage to bring Xerox management back to the negotiating table.
|
|
During the meeting, an employee asked why Xerox was so focused on diversity.
|
|
Jacobson became CEO of Xerox immediately after Conduent was spun off on Tuesday.
|
|
Early in her time Xerox, Burns publicly disagreed with a company vice president.
|
|
Ultimately, Fujifilm would take control of Xerox, whose brand became synonymous with photocopying.
|
|
Visentin had previously been hired by Icahn to assist him in fighting Xerox.
|
|
That's up from a $22 per share offer made by Xerox in November.
|
|
At the end of November, Xerox vowed to take the offer to shareholders.
|
|
What do you envision will Xerox PARC be looking at in 20 years?
|
|
The Xerox/Fujifilm deal was never a given for any number of reasons.
|
|
" Icahn added that this is "an exciting time to be a Xerox stakeholder.
|
|
Xerox logged the second-worst performance with an average loss of 15.9 percent.
|
|
The Japanese company Fujifilm is taking over American copier firm Xerox, per Reuters.
|
|
Xerox also cited unresolved accounting issues as a reason to end the merger.
|
|
Revenue was slightly above Street forecasts and Xerox raised its full-year guidance.
|
|
Xerox shareholders were also due to receive a $2.5 billion special cash dividend.
|
|
AND MAYBE IT'S MORE THAN APPARENTLY WHAT NOW WHAT HAPPENS TO XEROX NOW?
|
|
However, Xerox also reaffirmed its belief that merging the two companies made sense.
|
|
The settlement also called for Xerox to cancel or renegotiate the Fujifilm deal.
|
|
A previous cash and stock bid by Xerox for HP had been rejected.
|
|
When he met the chairwoman of Xerox, he was wearing a diamond style.
|
|
It went on to blame Xerox shareholder Carl Icahn for the continued pressure.
|
|
Xerox said a merger would save $2 billion in costs within two years.
|
|
Also like that Xerox copy, the documents that Dangerzone produces aren't exact replicas.
|
|
But Xerox declined to commercialize the NoteTaker; only a few prototypes were made.
|
|
Mr. Tesler left Xerox to work for Mr. Jobs at Apple in 1980.
|
|
It's used by the likes of the U.S. Army, BAE Systems, and Xerox.
|
|
In January Xerox said it would nominate 11 people to replace HP's board.
|
|
Xerox sweetens HP offer to $24 per share as take-over drama continues
|
|
The potential benefits of a combination between HP and Xerox are self-evident.
|
|
Deason owns nearly 4% of Xerox, making him the company's fifth biggest investor.
|
|
Jacobson became CEO in January last year after Xerox split itself in two.
|
|
Xerox settles with Deason two weeks later to allow split to proceed Jan.
|
|
He would Xerox it like a drug deal, I think I paid $5.
|
|
Fujifilm will use those proceeds to purchase 50.1 percent of new Xerox shares.
|
|
The settlement with the billionaire investors outlined by Xerox on Sunday puts the Japanese company further on the back foot in any new negotiations with Xerox, although a number of analysts have said Fujifilm is under no pressure to rush.
|
|
The venture, 75 percent owned by Fujifilm, is focused on Asia — the region with the highest growth potential — but also handles contracts that supply global clients with Xerox services in the United States and Europe, and Fuji Xerox services in Asia.
|
|
Activist investor Carl Icahn has pushed Xerox to make changes and Icahn's hand-picked CEO John Visentin has made big moves, including a plan to turn Xerox into a holding company with separate operating units like Google parent company Alphabet (GOOGL).
|
|
Icahn and Deason – respectively the No.1 and No.3 Xerox shareholders with a combined stake of over 7.53 percent – plan to nominate four board members if their demands were not met, they said in a joint letter to Xerox shareholders.
|
|
Chief Executive Jeff Jacobson is "incapable" of leading Xerox or negotiating a better deal with Fujifilm, while the company's veteran directors "are unwilling to make the tough decisions necessary to prevent the Xerox ship from sinking," Icahn and Deason said.
|
|
"According to the New York Times, Xerox fell into something called a "competency trap.
|
|
When the Xerox team demoed their mouse to Steve Jobs, it featured three buttons.
|
|
Ursula Burns Burns is the chairwoman of Xerox and served as CEO through 123.
|
|
Xerox said it decided to settle given the risks and uncertainty of prolonged litigation.
|
|
Ithink it would have changed the course of history at Xerox if he stayed.
|
|
Xerox is the best-performing stock in the sector since then, rising about 80%.
|
|
Mr. Icahn agitated for the split and revealed a stake in Xerox last November.
|
|
Fujifilm announced this week that it's set to take a majority stake in Xerox.
|
|
John Visentin, hired by Icahn to assist in his campaign against Xerox, replaced Jacobson.
|
|
"I'd go and Xerox big stacks of shit and then read it," he says.
|
|
Xerox also increased its quarterly dividend to 7¾ cents per share from 22.29 cents.
|
|
DTI declined to comment, while Xerox did not respond to a request for comment.
|
|
No, that's for Mr. T. Look, I just don't think Xerox has any catalysts.
|
|
Icahn's stake in Xerox dates back to 2015, when he called the shares "undervalued".
|
|
HP on Wednesday confirmed it has held talks with Xerox about a possible deal.
|
|
Fujifilm has said it will challenge a court order suspending its deal with Xerox.
|
|
Xerox rose about 3.5% to $37.66, while HP went up around 6.3% to $19.57.
|
|
But a deal under new terms between Fujifilm and Xerox is far from certain.
|
|
Fujifilm will then use those proceeds to purchase 50.1 percent of new Xerox shares.
|
|
Xerox made a roughly $33 billion cash-and-stock offer for HP last week.
|
|
Xerox will also be bringing Michele Cahn, its vice president of global government affairs.
|
|
Veon Chairwoman Ursula Burns, the former head of Xerox, took over as chief executive.
|
|
She'll take the spot previously held by former Xerox chief scientist John Seely Brown.
|
|
To play gigs you were stealing access to a Xerox machine and making fliers.
|
|
On Wednesday, Xerox announced that the Japanese firm Fujifilm would take control of it.
|
|
Under the deal, Fujifilm will own just over 2500 percent of the Xerox business.
|
|
The merger, Mr. Gomes-Casseres said, is probably the best path ahead for Xerox.
|
|
The offer would disproportionately benefit Xerox shareholders relative to HP shareholders, the company said.
|
|
The complicated transaction will fold Xerox into an existing 83-year-old joint venture.
|
|
Earlier this month, Xerox said it secured $24 billion in financing for the proposal.
|
|
Much has transpired in the Xerox case since Justice Ostrager's injunction, as I'll explain.
|
|
The suit alleged that Xerox board members breached their duty by entering that deal.
|
|
It was sold to Xerox in 1987 six weeks before the stock market collapsed.
|
|
All investors have to do to get the goods is reject the Xerox deal.
|
|
Xerox (XRX) plans to host a dinner this week for shareholders of HP Inc.
|
|
Earlier this month, Xerox said it secured $24 billion in financing for the proposal.
|
|
Deason and another Xerox shareholder, Carl Icahn, have been vocal about criticizing the combination.
|
|
HP rejected a takeover bid from Xerox, which proposed the offer earlier this month.
|
|
Xerox said it disagrees with the ruling and "will immediately appeal the court's decision".
|
|
Xerox was flat in premarket trading Monday, while HP's stock was up nearly 2%.
|
|
Outgoing GoDaddy CEO Blake Irving has led teams at Yahoo, Microsoft, Compaq and Xerox.
|
|
Almost every day, I found a Xerox copy of male genitalia on my desk.
|
|
A Xerox; a milling machine; laser lathe, sewing machine; a staff of … how many?
|
|
Among June's strong performing technology stocks are Nvidia, Apple , Xerox, each up over 13%.
|
|
They also call shareholders' attention to the accounting scandal at Fuji Xerox last year.
|
|
BJ: It's that, but it's also what happens when you enlarge on a Xerox.
|
|
In January, Japan's Fujifilm Holdings said it was set to take over Xerox Corp in a $6.1 billion deal to gain scale and cut costs, which Xerox shareholders such as hedge fund managers Darwin Deason and Carl Icahn are trying to stop.
|
|
Xerox has struggled with falling demand for office printing equipment as the popularity of smartphones reduced the need to print, and the company agreed in January to a $6.1 billion merger with Fuji Xerox, its 56-year-old joint venture with Fujifilm.
|
|
"It is clear in your aggressive words and actions that Xerox is intent on forcing a potential combination on opportunistic terms and without providing adequate information," HP CEO Enrique Lores and Chairman Chip Bergh said in a letter to Xerox CEO John Visentin.
|
|
Xerox has been targeted by activist investor Carl Icahn and shareholder Darwin Deason, who joined forces last week to push Xerox to explore strategic options, oust its "old guard," including its CEO, and negotiate better terms for its decades-long deal with Fujifilm.
|
|
Xerox has been targeted by activist investor Carl Icahn and shareholder Darwin Deason, who joined forces last week to push Xerox to explore strategic options, oust its "old guard", including its CEO, and negotiate better terms for its decades-long deal with Fujifilm.
|
|
The legacy laggards that pulled down the gray chip basket are Xerox, Cisco and IBM.
|
|
Shares of Xerox were up nearly 2 percent at $30.06 in early trading on Monday.
|
|
Chairman of Xerox began a meeting with the PM by complimenting him on his socks.
|
|
In November, Xerox offered HP $22 per share in its takeover bid for the company.
|
|
One of the seats is going to Ursula Burns, former CEO and Chairwoman of Xerox.
|
|
The remainder of Xerox will include the technology that made the company synonymous with photocopying.
|
|
Lazard and Goldman Sachs provided financial advice to Xerox, while Centerview Partners advised the board.
|
|
Xerox said it expects adjusted 2.713 earnings per share to range between $22.71 and $210.
|
|
Xerox shares were flat in premarket trading after surging 5 percent immediately following the announcement.
|
|
Xerox will be divided into a business process outsourcing operation and a document technology company.
|
|
Xerox told CNBC that it could neither confirm nor deny the Wall Street Journal report.
|
|
She is best known for her term as CEO of Xerox Corp in 2009-2016.
|
|
After Xerox achieved huge success in the early 1960s, the company lost momentum, Brooks writes.
|
|
Just like Xerox, Hewlett-Packard had fallen into a rut and decided to break up.
|
|
Among notable activist investors, Carl Icahn increased his position in Xerox Corp by 56 percent.
|
|
Goldberg was a researcher at the Xerox Palo Alto Research Center (PARC) in the 1970s.
|
|
And more top companies like as IBM, Dell and Xerox are looking for remote workers.
|
|
Burns, who earned $13.1 million as CEO last year, retired as chairman of Xerox Corp.
|
|
And Xerox has received an informal funding commitment from a major bank, Ms. Lombardo reports.
|
|
Building 23 on the Xerox engineering campus, near Rochester, New York, is vast and labyrinthine.
|
|
PARC researchers helped design the Alto, an early minicomputer that became widely used within Xerox.
|
|
HP has a market value of $27 billion, more than three times that of Xerox.
|
|
I think the parts are worth more than the whole for both Xerox and Alcoa.
|
|
The Xerox Alto represents what happens when firms don't see future technology or business trends.
|
|
Since Ursula Burns left Xerox, none of those 24 spots are held by black women.
|
|
The other dividend cutters this year include DowDuPont, Mosaic (twice), Mattel (twice), Xerox, and Progressive.
|
|
The firms have not, however, disclosed a per share valuation for Xerox for the deal.
|
|
The judge said, however, that Xerox was not prohibited from exploring other transactions with Fujifilm.
|
|
"[I] had all these Xerox copies of male genitalia placed on my desk," Krawcheck said.
|
|
Icahn and Xerox did not immediately respond to Reuters requests for comment late on Wednesday
|
|
Soros's organization sent them a Xerox machine, which they used to print a journal, Századvég .
|
|
"It was a logical connection to what you knew of Xerox so far," she said.
|
|
Xerox joins once formidable tech companies like Kodak and BlackBerry that lost the innovation footrace.
|
|
Fujifilm said its joint venture with Xerox would cut its payroll by 21990,22012 workers worldwide.
|
|
Xerox traces its origins to the founding in 22.5 of the M. H. Kuhn Company.
|
|
As you might imagine, HP was none too pleased with this latest move by Xerox.
|
|
"Xerox and HP really do have complementary businesses," said Keith Kmetz, an analyst at IDC.
|
|
Their proposed settlement agreement, they said, did not require Xerox to renounce the Fuji merger.
|
|
Harley-Davidson (HOG), Lockheed Martin (LMT), McCormick (MKC), PulteGroup (PHM) and Xerox (XRX) also report.
|
|
Earlier this month, Xerox said it had secured $24 billion in financing for the proposal.
|
|
"The potential benefits of a combination between HP and Xerox are self-evident," Visentin wrote.
|
|
Right now, shareholders can only vote on the current Fuji deal and the Xerox board.
|
|
Before announcing the deal, Fujifilm says it plans to cut 10,000 jobs at Fuji Xerox.
|
|
The Wall Street Journal reported last week that Xerox, under pressure to find new growth sources amid shrinking demand for its printer and copier business, was in talks on a deal with the Japanese camera maker that could include a change in control of Xerox.
|
|
In setting a minimum price tag on Xerox, the billionaire investors have thrown the ball back into Fujifilm's court while also gaining time to woo other investors after Xerox failed on Monday to gain a quick appeal to a temporary court order blocking the deal.
|
|
The activist shareholders, who own a combined 15 percent of the U.S. printer and copier maker, said the agreement dramatically undervalued Xerox and criticized the deal structure, which calls for the U.S. firm to be combined into the Fuji Xerox joint venture, as "tortured, convoluted".
|
|
Scott Elrod is a vice president of the hardware systems laboratory at PARC, a Xerox company.
|
|
Computer Sciences shares also bounced on the merger announcement, while shares of rival Xerox dipped briefly.
|
|
Monday was comparatively quiet for quarterly reports, with KKR and Xerox posting results before the bell.
|
|
The deal could be announced before Xerox executes its previously announced split into two separate companies.
|
|
For example, Xerox machines were filled with thousands of parts that we used to build stuff.
|
|
Xerox shares fell 13.1 percent to $9.71 after the printer and copier maker reported lower revenue.
|
|
Xerox shares fell 12.8 percent to $9.74 after the printer and copier maker reported lower revenue.
|
|
The plan is expected to be announced when Xerox reports fourth-quarter financial results on Friday.
|
|
Shares of Xerox have fallen 28 percent in the last year and 13.5 percent since Nov.
|
|
Xerox followed up the executive reinstatement announcement with news of an appeal filed against the block.
|
|
Xerox shares initially fell 1.9 percent in the premarket but finished the day up 0.5 percent.
|
|
I mean, even Xerox Parc famously was countercultural; they sat on beanbag chairs, they smoked pot.
|
|
He was advising Xerox, while Paul Weiss's Brad Karp and Robert Schumer were advising its board.
|
|
Excluding items, Xerox earned 30 cents per share, beating the average analyst estimate of 25 cents.
|
|
Xerox shares fell 12.5 percent to $9.77 after the printer and copier maker reported lower revenue.
|
|
Xerox chairman Robert Keegan disputed the claim, saying Jacobson was fully authorized to negotiate with Fujifilm.
|
|
Rasheed uses a Xerox machine to tell fragmentary narratives from a distinctively American experience of race.
|
|
Apollo declined to comment, while Xerox and Fujifilm did not immediately respond to requests for comment.
|
|
The move is a triumph for Icahn and Deason, who together hold 15 percent of Xerox.
|
|
During her interview at Xerox, however, another engineer showed her the inside of a printing press.
|
|
The solution was xerography, invented by Chester Carlson, the physicist co-founder of Xerox, in 1938.
|
|
Xerox executives push the engineers to accommodate new kinds of stock, which might open new markets.
|
|
HP declined to comment, while Xerox and Citigroup did not respond to a request for comment.
|
|
Xerox shares were up 4% at $37.80, giving the company a market capitalization of $8.4 billion.
|
|
Concerns about the tie-up largely stem from the wide size disparity between HP and Xerox.
|
|
HP confirmed earlier this week that it had spoken with Xerox about a potential business combination.
|
|
The Wall Street Journal reports that Xerox has an informal funding commitment from a major bank.
|
|
CNBC reported on Thursday that Xerox had offered HP $22 a share in the takeover bid.
|
|
Earlier on Wednesday, Xerox said Keith Cozza, the CEO of Icahn Enterprises, would become its chairman.
|
|
However, Fujifilm is reportedly refusing to negotiate with major Xerox shareholders Carl Icahn and Darwin Deason.
|
|
Buyout firm Apollo Global Management LLC considered a bid for Xerox last week, sources have said.
|
|
Then a classmate who was working on typefaces at Xerox said she was leaving the job.
|
|
"Combining the businesses for efficiency is probably the only way for Xerox to survive," Otani said.
|
|
Icahn, HP, and Xerox did not immediately respond to Reuters requests for comment late on Wednesday.
|
|
Xerox cut its earnings estimate for the year after its first-quarter profit plunged 85 percent.
|
|
The details: Under the settlement, Xerox will reportedly replace its chief executive and overhaul the board.
|
|
TechCrunch is pleased to bring you Alchemist Accelerator's demo day live from PARC, a Xerox Company.
|
|
Xerox had offered to buy HP for $22 a share which the company rejected last week.
|
|
Apple, Disney and Xerox were early in extending health care benefits to gay and lesbian couples.
|
|
It's a complicated transaction • Xerox will be folded into an existing 55-year-old joint venture.
|
|
Elsewhere in deals: Fujifilm won't sweeten its bid for Xerox; here's how Carl Icahn beat it.
|
|
My first thought when I read the clue "School copier, maybe" was Xerox or even mimeograph.
|
|
John Visentin, an adviser to Mr. Icahn in his dispute with Xerox, will become chief executive.
|
|
Deals • Wall Street analysts think HP's ultimate defense against Xerox's takeover bid is … to buy Xerox.
|
|
But Xerox says combining the companies, which are in similar businesses, could save tremendously on costs.
|
|
As part of the deal, Fujifilm will drop its lawsuit against Xerox over the failed merger.
|
|
Xerox counsel Jaren Janghorbani of Paul Weiss Rifkind Wharton & Garrison did not respond to my email.
|
|
It's survival of the fittest among the Xerox machines and staplers at a Harlem print shop.
|
|
Xerox (XRX), the company for whom he developed the functions, tweeted out news of his death.
|
|
Lack of work led him back to the Bay Area, where he would join Xerox PARC.
|
|
Snap, upon its public offering, became more valuable than stalwarts like American Airlines, Macy's and Xerox.
|
|
And on February 10 Xerox raised its offer to $24 per share, or about $34 billion.
|
|
After several of his colleagues were laid off, they moved to Xerox, and he followed them.
|
|
Dear Chip and Enrique, Your refusal to engage in mutual due diligence with Xerox defies logic.
|
|
Hong Kong (CNN Business)HP is making itself clear to Xerox: Seriously, we don't need you.
|
|
Japan's Fujifilm will be taking over Xerox in a deal amounting to $6.1 billion, Reuters said.
|
|
He's making copies at the library and Xerox machine breaks, and he's freaked out about it.
|
|
The investor also reduced his positions in Freeport-McMoRan and Xerox last month, according to filings.
|
|
That company, now known as Conduent (CNDT), has fallen nearly 30% since the separation from Xerox.
|
|
He initially asked the company to waive the deadline but Xerox rejected that request this week.
|
|
Go deeper: The venture capital party is not over Carl Icahn sued over HP/Xerox deal
|
|
The victory for the billionaire investors puts the Japanese company further on the back foot in any new negotiations with Xerox, although it is by no means out of contention as Xerox is now expected to go up for sale in an auction at a higher price.
|
|
HP's board of directors said Sunday that they unanimously rejected a proposal from Xerox to acquire the company, because the offer is not in the best interest of shareholders and would undervalue HP. Xerox had offered HP $21.2 per share in its takeover bid for the company.
|
|
In April 2018, you may recall, the judge – previously a longtime litigation partner at Simpson Thacher & Bartlett – issued a preliminary injunction to block Xerox from allowing a shareholder vote on a proposed merger with Fuji, holding that the deal was hopelessly tainted by Xerox board members' conflicts.
|
|
The termination of the deal puts the Japanese company further on the back foot in any new negotiations with Xerox, although it is by no means out of contention as Xerox is now expected to go up for sale in an auction at a higher price.
|
|
In the early 1990s, Xerox Parc researchers showed off a futuristic concept they called the Digital Desk.
|
|
Like most everything aside from zebras and budget Xerox copies, America is far from black and white.
|
|
I made a little card for it; I put a painting of mine on the Xerox machine.
|
|
R.R. Donnelley — The company is in talks to be acquired by Xerox, according to a Bloomberg report.
|
|
Xerox would merge its document technology business with Donnelley, a provider of digital and print technology solutions.
|
|
Xerox shares popped after Bloomberg reported that the company is in talks to acquire R.R. Donnelley & Sons.
|
|
Xerox also said in a Monday release that its split into two publicly traded companies, announced Jan.
|
|
Xerox declined to comment, while representatives for Icahn and Deason did not respond to requests for comment.
|
|
BP (BP), GM (GM), Kellogg (K), Pfizer (PFE) and Xerox (XRX) report results before US markets open.
|
|
Shares of Xerox are down 28 percent from a year ago and down 13.5 percent since Nov.
|
|
Or Xerox PARC, home to the world's first Ethernet connection and its first Graphical User Interface (GUI).
|
|
Like many brands that have gone generic, xerox is often lower-case and used as a verb.
|
|
Go LA is a new app that the city of Los Angeles created in partnership with Xerox.
|
|
The recent deal by which Fujifilm agreed to take a 50.1% stake in Xerox ran into difficulties.
|
|
For what it's worth, we're pretty sure Xerox, Chapstick, Band-Aid and Google feel your pain, Velcro.
|
|
Why it matters: Because this could give Xerox shareholder Carl Icahn exactly what he's been asking for.
|
|
Xerox shares closed down 17 cents, or 0.6 percent, at $27.24 on the New York Stock Exchange.
|
|
Icahn disclosed a 7.13 percent share in Xerox in late November, making him the second-largest holder.
|
|
That's how you lose your trademark, like Xerox almost losing its trademark because it became category generic.
|
|
Xerox declined to comment while RR Donnelley was not available for comment outside regular U.S. business hours.
|
|
With a market value of $22016 billion, HP is more than three times the size of Xerox.
|
|
Xerox Holdings— Shares surged 210.25% after the company topped EPS and revenue estimates for the third quarter.
|
|
Xerox now expects 2019 revenue to fall 6%, compared with a 5% decline it had estimated earlier.
|
|
Xerox has a market value of about $7.7 billion, while Fujifilm is valued at around $22 billion.
|
|
TOKYO (Reuters) - The head of Fuji Xerox Co Ltd, the joint venture between Fujifilm Holdings Corp (4901.
|
|
Xerox in May pulled out of the proposed merger prompting Fujifilm to file a lawsuit in June.
|
|
I MEAN, IT REALLY COULD BE A POISONOUS PICK THAT YOU'RE PUTTING A COMPANY LIKE XEROX INTO.
|
|
Xerox called off the deal in May following objections by major shareholders Carl Icahn and Darwin Deason.
|
|
HP rejected that offer last week, prompting Xerox CEO John Visentin to write back with an ultimatum.
|
|
HP has a market valuation of about $29 billion, more than three times the size of Xerox.
|
|
He now understands that perhaps the original Xerox was not necessarily the best one for all concerned.
|
|
Initially the stronger partner, Xerox has benefited from shared technology and know-how from its Japanese partner.
|
|
Mr. Rand stayed at Xerox until November 1998, while methodically hunting elsewhere for a chief executive position.
|
|
The bid "meaningfully undervalues HP and disproportionately benefits Xerox shareholders," Chairman Chip Bergh said in a statement.
|
|
After getting rebuffed, Xerox has started a proxy fight to take over the board of its target.
|
|
Xerox and HP have been playing a highly public game of tit for tat in recent months.
|
|
After the fight, Ross ends up sleeping with the girl who works at their local Xerox place.
|
|
In recent weeks, Xerox has bought a small stake in HP, the newspaper said here, citing sources.
|
|
Xerox (XRX) has been attempting a takeover for months, and HP (HPQ) has twice rejected Xerox's bids.
|
|
HP's market cap was about $27 billion before Xerox came in with its offer in early November.
|
|
Current Xerox shareholders will receive $9.80 per share in cash in the form of a special dividend.
|
|
Xerox offered to buy HP for $33.5 billion, but was rebuffed and now plans to go hostile.
|
|
He brought up Xerox, which developed some of the innovations that then surfaced in the first Mac.
|
|
After getting rebuffed, Xerox has started a proxy fight to take over the board of its target.
|
|
Visentin has said that the goal is for Xerox to post flat to growing sales by 2021.
|
|
Current Xerox shareholders will receive $23 per share in cash in the form of a special dividend.
|
|
Xerox acknowledges the letter with a mild statement - "We are aware of the letter from Carl Icahn".
|
|
Or see the cardboard squares Carl Andre used to make his indeterminate arrangements for the Xerox Book?
|
|
Jean-Michel Basquiat: Xerox continues at Nahmad Contemporary (980 Madison Avenue, Upper East Side, Manhattan) through May 31.
|
|
Jacobson said that Xerox has nevertheless developed a three-year strategy to take the company to new heights.
|
|
Xerox is the biggest gainer in the pack and has rallied 69% since the start of the year.
|
|
For its part, Xerox says its remote-work policy has reduced greenhouse-gas emissions by 40,894 metric tons.
|
|
Xerox fell 9.1 percent to $113 after the printer and copier maker reported a fall in quarterly revenue.
|
|
Xerox said in a Thursday statement that Deason's lawsuit was meritless and the company would seek its dismissal.
|
|
Joins Xerox as a sales person, after persuading his interviewer to give him the job on the spot.
|
|
Xerox art was big then, so people would come in to make photocopies and plaster them all over.
|
|
In January, Xerox announced its goal to "split into two publicly traded companies" by the end of 2016.
|
|
Divesting the leasing unit would relieve Xerox of roughly $3.6 billion in debt, one of the sources said.
|
|
" Xerox Corp: "I know the quarter wasn't that good, but I like the break up of the company.
|
|
Right. It has been there all along, but it really had its big time when Xerox owned it.
|
|
I'm not only talking about the original Xerox PARC set of metaphors of windows and a mouse pointer.
|
|
It's worth noting that Popsicle is, in fact, still a trademarked name — like Kleenex and Xerox and Frisbee.
|
|
The report also mentioned Xerox as another U.S. company the EU would target in response to auto tariffs.
|
|
You expect to buy a 33D printer for an office and have it work like your Xerox copier.
|
|
"Crucially, I think we could see a similar result from the impending break-up of Xerox," Cramer said.
|
|
The firm announced Tuesday it would acquire Xerox's stake in the Fuji Xerox joint venture for $2.3 billion.
|
|
Xerox has made a cash-and-stock offer for personal computer and printer maker HP, CNBC has confirmed.
|
|
There is no certainty that Apollo's approach will entice Xerox or that it will lead to a deal.
|
|
HP, worth $29 billion, is more than three times the size of Xerox in terms of market cap.
|
|
Norwalk, Connecticut-based Xerox has also received an informal funding commitment from a major bank, the Journal said.
|
|
Xerox now expects revenue to fall 6% for 2019, compared with a 5% decline it had estimated earlier.
|
|
It also said a full takeover of Xerox is not on the table, citing one of the people.
|
|
Xerox spun off its business process outsourcing unit in 2016 and separated into two independent, publicly traded companies.
|
|
Icahn, who owns a 10.6% stake in Xerox, now owns a 4.24% stake in HP, the Journal said.
|
|
Another digital visionary, a Xerox PARC research fellow named Mark Stefik, tried his hardest to prove Barlow wrong.
|
|
HP hit back by calling Xerox&aposs proposal "opportunistic," stressing that the merger simply didn&apost make sense.
|
|
WATCH: Carl Icahn reveals he has a stake in HP and is pushing for a deal with Xerox
|
|
That project was produced by the novelist Jonathan Safran Foer, whose work also appears in the Xerox book.
|
|
The Xerox Star was priced more like a copier, an expensive office machine, rather than a personal computer.
|
|
Off they went to a Xerox machine that was big, clunky and, by today's standards, very, very slow.
|
|
But Xerox said Tuesday that the agreement was contingent on Mr. Deason's ending his litigation against the company.
|
|
Revenue also came in slightly above forecasts, and Xerox gave a full-year 2020 forecast above current consensus.
|
|
"While you may not appreciate our 'aggressive' tactics, we will not apologize for them," Xerox said on Tuesday.
|
|
Justice Ostrager's decision was effectively a death knell for the Xerox management team that approved the Fuji deal.
|
|
But shareholders, according to Justice Ostrager, would have gotten nothing in exchange for releasing claims against Xerox directors.
|
|
Former Xerox chairman and CEO Anne Mulcahy has noted how hard the succession process is on incumbent CEOs.
|
|
The company also announced a new strategic and financial value creation plan as it faces off against Xerox.
|
|
Xerox's efforts to acquire HP, which is worth more than four times Xerox, have been public since November.
|
|
HP sees Xerox, which makes printers and scanners, as a competitor in the printing part of its business.
|
|
They are discussing a higher price after Xerox, under pressure from top investors, asked to renegotiate the terms.
|
|
" Deason said in a statement that he is "grateful the court acted to protect the shareholders of Xerox.
|
|
An alumnus of Yahoo, Microsoft, Compaq and Xerox, Irving ran companies through the dotcom bubble and then some.
|
|
Xerox (XRX), founded in 1906, is having quite a year: Its stock is up nearly 43% in 2019.
|
|
Icahn had pressured former Xerox CEO Ursula Burns to spin off the company's business services division in 2017.
|
|
Icahn's interest in Xerox goes back to 2015, when he disclosed his stake and called the shares "undervalued".
|
|
Yet another candidate, former Xerox executive Bill Cobbs, has also thrown his hat into the crowded Democratic ring.
|
|
My father worked for Xerox all these years and he only had a pension, which was like nothing.
|
|
It will be led by Xerox CEO Jeff Jacobson, while Fujifilm CEO Shigetaka Komori will serve as chairman.
|
|
"With the caveat that I have not been privy to these negotiations, I find the rejection of the settlement by the Xerox board to be extraordinary and highly unusual," said Guhan Subramanian, a professor at Harvard's law and business schools who served as an expert witness for Xerox in the litigation.
|
|
"We believe HP shareholders will be better served by a new slate of independent directors who understand the challenges of operating a global enterprise and appreciate the value that can be created by realizing the synergies of a combination with Xerox," Xerox CEO John Visentin said in a statement Thursday.
|
|
Xerox — which has risen less than 60 percent since October 2009 — has a P/E ratio of just 11.
|
|
These benefits haven't eluded Dell or Xerox, both of which have embraced remote work and touted their environmental stewardship.
|
|
The company's former CEO, Ursula Burns, has transitioned into her new position as chairman of the board for Xerox.
|
|
The two had already won a rare court order to temporarily block the deal, which they said undervalued Xerox.
|
|
Icahn Associates Corp owns 9.77 percent of Xerox and is the company's largest shareholder, according to Thomson Reuters data.
|
|
Ever since Xerox set its sights on HP last November, the companies have been engaged in an ongoing battle.
|
|
Alex Bumazhny of Fitch Ratings suggests they might become like Xerox machines, used less frequently but not entirely obsolete.
|
|
Cravath, Swaine & Moore served as the legal adviser to Xerox; and Paul, Weiss, Rifkind, Wharton & Garrison advised the board.
|
|
Xerox was up 580.40 percent to $2562, after announcing a deal with Carl Icahn to split itself into two.
|
|
The plant-based meat company is now larger than 80 S&P 500 companies, including Macy's, Xerox and Mylan.
|
|
He amassed an 8.13 percent stake in Xerox at the end of last year, saying the shares were undervalued.
|
|
The paper you feed into the Mofrel isn't the same stuff used in the Xerox copier at your work.
|
|
Xerox did not hold conversations with Icahn prior to the review or before it made a decision, she said.
|
|
Also Friday, Xerox posted fourth-quarter results, with profit rising 42.5 percent and costs and expenses falling 7.3 percent.
|
|
Are you saying it's bad marketing for brands like Xerox and Kleenex to become shorthand for the entire category?
|
|
The book's account of the rise and fall of Xerox is a cautionary tale for entrepreneurs and executives alike.
|
|
In his research, Cramer found that Xerox looks to have gotten itself together and could become a genuine winner.
|
|
Xerox CEO Ursula Burns and Starbucks CEO Howard Schultz are also in this "food group," along with Michael Bloomberg.
|
|
David Ogilvy, the influential advertising man, referred the Xerox account because it was too small for his own agency.
|
|
Xerox said on Tuesday it would sell its 25% stake in its joint venture with Fujifilm for $0003 billion.
|
|
The Xerox board is said to have discussed a possible cash-and-stock offer for the computer maker Tuesday.
|
|
HP on Wednesday confirmed it has held talks with Xerox, which makes printers and copiers, about a possible deal.
|
|
Xerox fell 3 percent to $11.17 after the printer and copier maker reported a fall in its quarterly revenue.
|
|
Xerox, whose shares closed down 9 percent on Wednesday, also canceled a scheduled post-earnings conference call with analysts.
|
|
The Xerox Alto was created in the '70s as a personal computer that could print documents and send emails.
|
|
As personal computers became popular in the 1970s, the Xerox Alto helped pave the way for Steve Jobs' Apple.
|
|
However, printer-maker HP left the door open to a deal in which it would buy copier-mainstay Xerox.
|
|
Xerox Chairman Robert Keegan told a New York state court the two had reopened talks, sources had told Reuters.
|
|
Researchers at the Silicon Valley lab of Xerox famously pioneered the technology that went into many of Apple's computers.
|
|
We believe Xerox still has potential, but it will go the way of Kodak if there aren't major changes.
|
|
As chief executive of Xerox, Ms. Burns was the first African-American woman to run a Fortune 500 company.
|
|
Some explanation: • Xerox says the settlement expired last night, after Mr. Deason missed a deadline to withdraw a lawsuit.
|
|
The groom's mother, who is retired, was the vice president for marketing production at the Xerox Corporation in Rochester.
|
|
He previously worked at Xerox and Gartner, and he's also on the boards of Ansys, Secureworks and Under Armour.
|
|
After graduating in 22016, Schultz worked for Xerox, where he quickly impressed his bosses and moved up the ranks.
|
|
Xerox (XRX) is in talks to strike a major deal with Japan's Fujifilm, according to the Wall Street Journal.
|
|
Tesler left Xerox for Apple in 1980, where he rose to the position of vice president and chief scientist.
|
|
Net income attributable to Xerox rose to $818 million, or $3.61 per share, in the three months ended Dec.
|
|
After leaving Xerox, Mr. Starkweather moved to Apple and then Microsoft, the two biggest companies of the computer age.
|
|
The first successful product sold by Xerox in the late 1970s cost more than $5,000 to manufacture, he said.
|
|
HP and Xerox shares are up 9.5% and 6.6%, respectively, since the date our proposal was first made public.
|
|
The company's upbeat results come as it tries to fend off a $2.23 billion takeover bid from Xerox Corp.
|
|
And she lived in Rochester, where companies like Eastman Kodak and Xerox have shed thousands of well-paying jobs.
|
|
But Xerox's stock gains include a near 20-percent jump on the first trading day as the new Xerox.
|
|
Kurtoglu is the CEO of PARC, the iconic Silicon Valley research and development firm previously known as Xerox PARC.
|
|
There was one of these at Xerox Park where these groups of people work together and then they disperse.
|
|
You ran your own magazine and ran it off on a Xerox machine and distributed it to your friends.
|
|
AND YET THEY WERE WILLING TO PUT THAT INTO FUJI XEROX, AND THEN YOU FIND OUT THAT FIVE MEMBERS OF THE BOARD, THE OLD GUARDS SO TO SPEAK, WERE GOING TO GET FIVE-YEAR CONTRACTS TO BE ON THE BOARD OF FUJI -- OF THE NEW COMPANY, FUJI XEROX, OR THE MERGE COMPANY.
|
|
Instead, it's a longer-term strategy, but Xerox does have something to be excited about in 2017, the CEO contended.
|
|
As the story goes, Xerox had essentially figured out the key to the modern PC but sat on the technology.
|
|
Jobs accused Gates of stealing from Apple, but Gates had seen the work at the Xerox PARC lab as well.
|
|
Xerox abandoned the proposed $6.1 billion deal earlier this year following opposition by major shareholders Carl Icahn and Darwin Deason.
|
|
Visentin was also elected vice chairman of the board with Keith Cozza elected as chairman, Xerox said in a statement.
|
|
The two investors, who control 15 percent of Xerox, argue the transaction dramatically undervalues the company and "disproportionately" favors Fuji.
|
|
The settlement did not resolve the activists' claims against Fujifilm, which the shareholders have criticized for aiding previous Xerox management.
|
|
Shares in Xerox were flat in after-hours trading, giving the U.S. company a market value of about $8.2 billion.
|
|
Xerox said it had repeatedly tried to convince Fujifilm to start talks on improved terms for buyout to no avail.
|
|
His determination was to be a feature of his career at Xerox, as he explained in a 2014 LinkedIn post.
|
|
TV is nothing if not an endless Xerox machine of ideas that have either garnered high ratings or won Emmys.
|
|
Xerox — The business services company matched estimates, with adjusted quarterly profit of 27 cents per share, though revenue missed estimates.
|
|
Take Ursula Burns, the 58-year-old former Xerox CEO who may be stepping down from the recently split company.
|
|
T) said it would file an objection with a U.S. court over a settlement announced earlier between Xerox Corp (XRX.
|
|
If you're building a home office, Amazon has some discounts on Halter's adjustable desks and wireless color printers from Xerox.
|
|
Accounting problems have been found at Fuji Xerox Australia and in Japan, the business daily Nikkei said citing a source.
|
|
MG: They come from Charles Schwab, Capital One, NetSuite, eBay, Neiman Marcus, Xerox, Unilever, Cisco, Saks, Microsoft and many more.
|
|
T) said on Thursday it may have no choice but to abandon a $6.1 billion merger with Xerox Corp (XRX.
|
|
And it's interesting to note that the only black woman on the list is Ursula Burns, the CEO of Xerox.
|
|
The case is Fujifilm Holdings Corp v Xerox Corp, U.S. District Court, Southern District of New York, No. 18-05458.
|
|
Net income attributable to Xerox fell to $89 million, or 34 cents per share, in the third-quarter ended Sept.
|
|
N) jumped 11.15 percent after swinging to a quarterly profit for the first time in three years, while Xerox (XRX.
|
|
Xerox was up 3 percent to $9.51, after announcing a deal with Carl Icahn to split the company into two.
|
|
"We are obviously in favor of renegotiating the joint venture agreement to make it more favorable for Xerox," Icahn said.
|
|
HP acknowledged there are ongoing discussions between the two companies and that it received an offer letter from Xerox yesterday.
|
|
Apollo Global has approached Xerox to express interest about a possible acquisition, people familiar with the matter have told Reuters.
|
|
Since February, she has been participating in a pilot project, using an app called GoDenver, developed by the Xerox Corporation.
|
|
Analysts say the prolonged fight for Xerox could ultimately push higher any offer price from Fujifilm or other interested parties.
|
|
"He was good and aggressive and even daring, you might say," said David Liddle, a Xerox executive at the time.
|
|
Icahn, who owns a 10.6% stake in Xerox, now owns a 4.24% stake in HP, The Wall Street Journal reports.
|
|
From there, she continued to use her voice and leadership skills to work her way up the ranks at Xerox.
|
|
This was significant as it comes a year later after Ursula Burns, CEO of Xerox, stepped down from her role.
|
|
Corporations have long sponsored cultural institutions and events, but the Xerox project continues a more recent trend toward commissioning art.
|
|
Soon, Xerox copying machines were a booming business and central to office life, a spot for informal conversations and gossip.
|
|
He loved the coffee so much that he went on to become its chief executive in 1987 after leaving Xerox.
|
|
In a statement, Fujifilm said that Xerox didn't have the right to terminate the deal that it could pursue damages.
|
|
Xerox agreed to sell its 25% stake in a joint venture with Fujifilm to its Japanese partner for $2.3 billion.
|
|
He went on to become a salesman at Xerox, and many years later founded Starbucks, a multibillion dollar, global corporation.
|
|
Among the storied names were icons of American business like Polaroid, Xerox, Coca-Cola, General Electric, Sears and Texas Instruments.
|
|
Much of that work was done not at one of today's tech giants, but at a computer lab at Xerox.
|
|
Facebook, Pinterest, Intel, Xerox and Amazon are among the major companies that have instituted their own version of the rule.
|
|
It added that it believes a combination with Fuji Xerox is the best path forward to create value for shareholders.
|
|
Earnings are also expecetd from BP, Honda Motor, Archer Daniels Midland, Cummins, CME Grouop, Xerox, Beazer Homes and Phillips 66.
|
|
Institutional investing giants Vanguard, BlackRock and State Street Global Advisors are the second, third and fourth largest holders of Xerox.
|
|
It's one of the fastest-growing employee benefits; Delta Air Lines, Hewlett-Packard, Microsoft, U.P.S. and Xerox now offer it.
|
|
"Xerox strongly believes that the decision is contrary to well-established New York law vesting the Board of Directors of Xerox with the business judgment to enter into the transaction agreement with Fujifilm and that the decision to approve should rest with Xerox's shareholders, not the Court," the company said in a follow-up statement.
|
|
HP has been reluctant to engage in deal discussions with Xerox since November, when the latter launched its takeover campaign after reaching a settlement with Fujifilm Holdings Corp that resolved a legal dispute over their 57-year-old joint venture and a previous attempt to merge, yielding a $2.3 billion after-tax payoff for Xerox.
|
|
Xerox (XRX) has privately rejected R.R. Donnelley's (RRD) bid to merge with Xerox's document business, according to the Wall Street Journal.
|
|
Shareholders generally should not recognize gain or loss as result of distribution of conduent shares * Xerox - on distribution date of dec.
|
|
IBM, Dell, Intel, United Tech, Hewlett-Packard, Cisco, HP, Oracle, Netflix, Lyft, Instagram, Tech Data and Xerox also received Friday's letter.
|
|
A Xerox machine can either be a productive office tool or a source of mischief, depending on how you use it.
|
|
Unlike another corporate icon also born in Rochester, Eastman Kodak, Xerox realized that it needed to quickly push into digital businesses.
|
|
"We believe Friday's decision and this agreement mark a watershed moment for corporate governance generally and for Xerox specifically," said Icahn.
|
|
The settlement also saw Xerox Chief Executive Officer Jeff Jacobson - the deal's main architect - as well as five other directors resign.
|
|
In a self-congratulatory statement, Carl Icahn compared the Xerox/Fujifilm story to television dramas like House of Cards and Billions.
|
|
Burns held the top jobs as chairman and CEO at Xerox until recently, joining the company as an intern in 1980.
|
|
Burns said Xerox initiated a review of its structure and portfolio in October to address changes it saw in the market.
|
|
Executives at Xerox passed up opportunities to release new products and as a result, competitors quietly outpaced it in the 1970s.
|
|
After a long history of underperformance, Jim Cramer had written off the stock of Xerox as a dog on Wall Street.
|
|
A valuation that high would give it a bigger market cap than more established names including United Continental, Xerox and Kellogg.
|
|
XEROX IS CONSIDERING MAKING A CASH-AND-STOCK OFFER FOR HP, WHICH HAS A MARKET VALUE OF ABOUT $27 BILLION - WSJ
|
|
Deals • Xerox has agreed to sell its stake in a joint venture with Fujifilm to its partner for about $2.3 billion.
|
|
HP surged 6.36% on Wednesday after Xerox reportedly made a cash-and-stock offer for the personal-computer and printer maker.
|
|
The jam had occurred in Asia, where the owners of a Xerox-manufactured printing press were trying to print a book.
|
|
I sketched this to include in a typed memo on May 22, 1973 at the Xerox Palo Alto Research Center. pic.twitter.
|
|
Xerox is considering making a cash-and-stock offer for HP, which has a market value of about $27 billion. on.wsj.
|
|
Xerox, which will now have to wait till September before its appeal can be heard, declined to comment on the letter.
|
|
"Fujifilm's actions have forced us to move forward on several fronts to protect our supply chain," Xerox said in a statement.
|
|
"The Xerox mouse had three buttons, was complicated, cost $300 apiece, and didn't roll around smoothly," Isaacson writes in the biography.
|
|
He moved to Northern California in the early 1970s to work for the Xerox Corporation at its Palo Alto Research Center.
|
|
I.O.'s investment funds have submitted shareholder resolutions on share buybacks at 3M, Illinois Tool Works, Target and Xerox this year.
|
|
The modified version specifically banned 16 organizations, including Microsoft, Palantir, Amazon, Northeastern University, Johns Hopkins University, Dell, Xerox, LinkedIn, and UPS.
|
|
But the Xerox machine, the ubiquitous, bulky copier that also spawned the widely used verb, could soon be a cultural relic.
|
|
On Wednesday, Xerox said that, after 22 years as an independent business, it would combine operations with Fujifilm Holdings of Japan.
|
|
The technologists at the lab, the Xerox Palo Alto Research Center, did not invent the computer mouse and graphical-user interface.
|
|
When the statements were delivered, it said, the audited financials had "material deviations" from the unaudited statements given to Xerox earlier.
|
|
They will be replaced by allies of Carl Icahn, the billionaire hedge fund manager, and Darwin Deason, a major Xerox shareholder.
|
|
Xerox said the new leaders and a reconstituted board of directors would immediately look to end or restructure the Fujifilm deal.
|
|
While the corporation was not a commercial success, it supplied the core group of technologists for the newly formed Xerox PARC.
|
|
Xerox (XRX) will be absorbed into its joint venture with Japan's Fujifilm, under a new agreement struck between the two companies.
|
|
Think of it like taking a piece of paper that someone has sneezed on and putting it in a Xerox machine.
|
|
HP pledged to return $8003 billion to shareholders in a bid to stave offer a hostile takeover bid from Xerox (XRX).
|
|
The most recent proposal from Xerox "meaningfully undervalues HP, creates significant risk, and compromises HP's future," HP said in a statement.
|
|
Xerox was prepared to offer $22 per share to HP shareholders for a transaction that would have been worth $22019 billion.
|
|
Lores said he and his colleagues would not talk about the Xerox bid during a conference call with analysts on Tuesday.
|
|
He took the team from last to first place within Xerox, which brought him to a new stage in his career.
|
|
In addition to working at Xerox and running her own company, she worked for Chase Manhattan Bank, Warner Communications and Pepsico.
|
|
Both the GUI and mouse were invented inside Xerox Parc, but Jobs made it better, and commercialized it with the Mac.
|
|
Color of Change sent letters this spring to AT&T, Cisco, Coca-Cola and Xerox, urging them to end their sponsorships.
|
|
The two companies said that Fuji Xerox will buy back that stake from Fujifilm for around $6.1 billion, using bank debt.
|
|
Xerox said the new board will meet to reevaluate its joint venture deal with Fujifilm, including terminating its relationship with the company.
|
|
Xerox would like very much to take over the much larger HP, while the printer giant has so far rejected Xerox's advances.
|
|
This morning's relatively light earnings calendar includes Xerox (XRX) this morning, with Express Scripts (ESRX) and the Container Store (TCS) this afternoon.
|
|
Xerox has named Jonathan Christodoro, managing director of Icahn Enterprises unit Icahn Capital, has been appointed to the company's board of directors.
|
|
The latest offer comprises $18.40 in cash and 0.149 Xerox shares for each HP share, valuing the company at about $35 billion.
|
|
Brother, Canon, Epson, Hewlett-Packard and Xerox are among those companies with special areas on their support sites dedicated to Windows 10.
|
|
In November, as Ms. Burns and the Xerox board deliberated what to do, both came to recognize that drastic action was needed.
|
|
Mr. Icahn is taking seats only on what will be the former A.C.S. business, without claiming seats on the Xerox documents company.
|
|
And Friday was no different, with ExxonMobil, MasterCard The Hershey Company, Cabot Oil & Gas, Xerox, Calpine all reporting quarterly results, among others.
|
|
With chatter of a possible merger with Xerox, Cramer worried that it could put a hold on RR Donnelley's break-up plans.
|
|
Over the decades, there also have been revenue recognition questions raised from the likes of IBM, General Electric, and Xerox, among others.
|
|
Xerox said that it had over several weeks repeatedly asked Fujifilm to immediately start talks about improved terms for a proposed transaction.
|
|
The companies will close some Fuji Xerox factories and cut north of 10,000 jobs by 2020, largely in the Asia Pacific region.
|
|
As Ashbery was originally from Rochester, New York, home to Kodak and Xerox, he was certainly no stranger to representations of representations.
|
|
Alvin Toffler authored studies for IBM, Xerox and AT&T that anticipated by decades the problems of technological unemployment and bureaucratic stasis.
|
|
Shares of Xerox whipsawed in extended trading Thursday after The Wall Street Journal reported the technology company would split into two companies.
|
|
Separately, Xerox beat estimates by 4 cents with adjusted quarterly profit of 32 cents per share, though revenue was shy of forecasts.
|
|
Icahn, the billionaire, and Deason together owned 15 percent of Xerox shares, and said the merger undervalued the Norwalk, Connecticut-based company.
|
|
Xerox has been exploring strategic options, including transactions with other companies, but the lawsuit could force it to address Fujifilm's grievances sooner.
|
|
Thereafter, Fujifilm would have owned 50.1 percent of Xerox's common stock, and Xerox shareholders would have received a $2.5 billion special dividend.
|
|
If Humira were a standalone company, it would be larger than many Fortune 500 conglomerates, such as General Mills, Halliburton or Xerox.
|
|
And 46 tech companies — including Xerox and TaskRabbit — have joined the Tech Inclusion Pledge, agreeing to publish recruitment goals and diversity metrics.
|
|
Eighty one-year old Icahn, through Icahn Associates Corp, holds about a 9.7 percent stake in Xerox, making him the largest shareholder.
|
|
A judge has temporarily blocked Fujifilm's acquisition of a controlling stake in Xerox (XRX), a ruling that reopens nominations to Xerox's board.
|
|
Against this backdrop, we have had conversations with Xerox Holdings Corporation (NYSE: XRX) from time to time about a potential business combination.
|
|
As of Tuesday's close, Xerox had a market value of just over $8 billion, less than a third of HP's $27 billion.
|
|
"While Xerox has some proprietary businesses of its own, it's mostly got the kind of businesses HP's moving away from," Cramer added.
|
|
He also served on the Xerox philanthropic board and was responsible for directing millions of dollars to Historically Black Colleges and Universities.
|
|
Xerox (XRX) named John Visentin as its new CEO after abandoning its deal to give control of the company to Japan's Fujifilm.
|
|
Visentin had been hired last year by major Xerox investor Carl Icahn in his quest to push for change at the company.
|
|
The copier joint venture, Fuji Xerox, was created in 1962 and now accounts for nearly half of Fujifilm's sales and operating profit.
|
|
He served on the board of directors at Xerox, the Robert Wood Johnson Foundation, AT&T, AT&T Wireless and General Electric.
|
|
"We do not comment on market speculation," said a Xerox spokesman while RR Donnelley did not respond to a request for comment.
|
|
You have requested customary due diligence, which we have accepted, but you have refused to agree to corresponding due diligence for Xerox.
|
|
N) fell as much as 5% on Monday after the personal computer maker rejected a buyout offer from Xerox Holdings Corp (XRX.
|
|
"It's like a Xerox copy of Puerto Rico," Konyndyk said, comparing the administration's coronavirus response to its mismanagement of Hurricane Maria's aftermath.
|
|
The company's name appears in only a couple of works in the book, but some writers used Xerox equipment as they worked.
|
|
High-end Xerox machines — essentially, complex paper-processing computers — became symbols of modern technology, sometimes getting the upper hand on hapless humans.
|
|
And the successful joint venture of Xerox and Fuji Photo was headed for a merger until a botched negotiation halted the plan.
|
|
Xerox is ending its hostile bid to take over Hewlett-Packard, ending a corporate battle that got derailed by the coronavirus crisis.
|
|
Xerox is dropping its hostile bid to buy Hewlett-Packard, ending a corporate takeover fight that got overtaken by the coronavirus crisis.
|
|
Two weeks ago, Xerox CEO John Visentin said it was "prudent to postpone" all activities related to its bid to buy HP.
|
|
Xerox said it was backing out of the deal because, among other things, Fujifilm did not deliver audited statements by April 15.
|
|
Shares in Xerox Holdings Corp jumped 5.9% after the company's profit beat analysts' estimates as it kept a tight lid on costs.
|
|
Shares in Xerox Holdings Corp, known for its photocopiers and printers, jumped 4.6% after it forecast 2020 profit above Wall Street expectations.
|
|
Shares in Xerox Holdings Corp jumped 5.89% after the company's profit beat analysts' estimates as it kept a tight lid on costs.
|
|
Today's exchange is just the latest between the two companies in an increasingly hostile bid by Xerox to combine the two companies.
|
|
Xerox (XRX) – The office equipment maker reported quarterly earnings of $1.33 per share, compared to a consensus estimate of $1343 a share.
|
|
HP also pledged to return $16 billion to shareholders in a bid to stave offer a hostile takeover bid from Xerox (XRX).
|
|
The first was Ursula Burns, who served as CEO of Xerox from 2009 until 2016, and as chairwoman from 2010 to 2017.
|
|
He picked former Xerox boss Ursula Burns and John Thain, who used to run Merrill Lynch and the New York Stock Exchange.
|
|
Shares in Xerox Holdings Corp, known for its photocopiers and printers, jumped 5.1% after it forecast 443 profit above Wall Street expectations.
|
|
Shares in Xerox Holdings Corp jumped 4.94% after the company's profit beat analysts' estimates as it kept a tight lid on costs.
|
|
Xerox CEO John Visentin sent a letter to HP on Tuesday announcing plans to take its $33.5 billion buyout directly to shareholders.
|
|
ManifestSeven (M7) has appointed Hélène Blanchette, formerly a VP at Xerox, as president of MyJane, M7&aposs retail subsidiary targeted towards women.
|
|
N) fell as much as 5% on Monday after the personal computer maker rejected a buyout offer from Xerox Holdings Corp (XRX.
|
|
Xerox offered $22 per share for HP, which has a market cap of about $29 billion, about three times that of Xerox's.
|
|
Sincerely, CARL C. ICAHN WATCH: Carl Icahn reveals he has a stake in HP and is pushing for a deal with Xerox
|
|
HP Inc dipped 0.6% as the personal computer maker rejected a raised takeover bid of about $35 billion from Xerox Holdings Corp.
|
|
But I was born in Rochester, N.Y. My dad worked for Xerox in New Jersey, working in a warehouse and driving trucks.
|
|
Burke gestures to a nearby Xerox machine, explaining that anyone can scan copies of the texts to keep, disseminate, or make zines.
|
|
Xerox bites back against the activist investors and says a JV with Fujifilm seemed to be the "best path" for them. Feb.
|
|
Shares of Xerox spiked nearly 20 percent Tuesday after the company completed its spinoff of Conduent, the enterprise technology company's business services unit.
|
|
Icahn's remarks, in an open letter to Xerox shareholders, come a day after he named four nominees to the company's board of directors.
|
|
In its heyday, the Walkman was as synonymous with portable music players as Kleenex became to tissue and Xerox was to copy machines.
|
|
"At the extreme other end, when you're super-registerable, is when it is something like a made up word, like Xerox," she said.
|
|
Deason owns 6.1 percent of Xerox stock and is the company's largest individual investor and fourth-largest overall, according to Thomson Reuters data.
|
|
Shares of Xerox rose 2 percent Tuesday after the firm added Jonathan Christodoro, managing director of Icahn Capital, to its board of directors.
|
|
Prior to becoming an entrepreneur, you worked at SRI International, the birthplace of Siri, and Xerox PARC, where the personal computer was created.
|
|
In response, Xerox CEO John Visentin told HP's directors that if they didn't reconsider his acquisition bid, he would approach HP's shareholders directly.
|
|
Until earlier this year, Ursula was Chairman and CEO of Xerox, while John was formerly CEO of CIT Group, Merrill Lynch, and NYSE.
|
|
Her defining bet in 2009, the same year she took the helm at Xerox, was to buy Affiliated Computer Services for $6.4 billion.
|
|
Through his various investment funds, Mr. Icahn amassed an 8.13 percent stake in Xerox in November and December, saying the shares were undervalued.
|
|
Now the planned takeover has been thrown into even more doubt, as Xerox CEO Jeff Jacobson and six board members are stepping down.
|
|
Xerox joins the ranks of other big American corporations, which have split or pared their operations, partly under pressure from activist hedge funds.
|
|
He also said if the new Xerox board makes new proposals, the Japanese company "would consider them only when they benefit Fujifilm shareholders".
|
|
However, Xerox reported net income attributable to the company of $181 million, or 17 cents per share, in the third quarter ended Sept.
|
|
A number of companies — Verizon, Rockwell Automation, Dover, Paccar and Xerox — all provided 2019 guidance that was in line or better than expectations.
|
|
Since Ursula Burns left Xerox and Geisha Williams left PG&E, none of those 27 spots are held by black or Latina women.
|
|
Her goal is for "Tattly" to become the word people use when describing a temporary tattoo, like Xerox or Kleenex or Band-Aid.
|
|
I should have written fan letters to the people at Stanford Research Institute and Xerox PARC who bootstrapped the world I live inside.
|
|
Having the courage to challenge her boss in a meeting helped Ursula Burns, chairwoman and former CEO of Xerox, fast-track her career.
|
|
It was at Xerox in the last few months that Barshay got to work more closely with some of Paul Weiss's senior partners.
|
|
Until earlier this year, Ursula was Chairman and CEO of Xerox, while John was formerly CEO of CIT Group, Merrill Lynch, and NYSE.
|
|
Xerox was considering the sale of the financing unit, which lends money to customers to rent printer and equipment, Reuters reported last July.
|
|
The biggest decliner was Xerox, which tumbled 7.9 percent after the U.S. photocopier giant scrapped a planned $6.1 billion deal with Fujifilm Holdings.
|
|
Bolstering its chances, Xerox expects a $260 billion payout from the sale of its 22018 percent stake in a joint venture with Fujifilm.
|
|
Xerox – The office equipment maker earned an adjusted $1.08 per share for its latest quarter, beating the 86 cents a share consensus estimate.
|
|
Shares of Xerox, which fell 1.2 percent to $31.53 on Thursday and have risen over 3 percent since the Journal's report was published.
|
|
Xerox, which makes printers and copiers, has a market cap of $2.33 billion, less than a third of HP's $27.27 billion market value.
|
|
Deals • The activist investor Carl Icahn revealed that he holds a 4.2 percent stake in HP, and he supports its acquisition by Xerox.
|
|
Apollo's interest in Xerox has been reinforced by the appointment this week of John Visentin as the company's new CEO, the sources said.
|
|
Xerox has offered HP $22 per share in its takeover bid for the company, sources familiar with the deal tell CNBC's David Faber.
|
|
While the host isn't convinced that Xerox can pull the acquisition off, the details of the potential deal do not matter, he said.
|
|