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Xerox Corp (XRX.N)

XRX.N on New York Stock Exchange

10.18USD
29 Sep 2016
Change (% chg)

$0.10 (+0.99%)
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Latest Key Developments (Source: Significant Developments)

Xerox names Brian Webb-Walsh CFO of Conduent Inc
Thursday, 8 Sep 2016 02:00pm EDT 

Xerox : Names Brian Webb-Walsh CFO of Conduent Incorporated, its post-separation business processing services company .Additional Conduent leadership appointments will be announced at a later date.  Full Article

Xerox says Brexit did not have a material impact for period ended June 30
Thursday, 4 Aug 2016 05:50pm EDT 

Xerox Corp : Says it anticipates financial market volatility related to brexit will likely continue into the future . Says brexit did not have a material impact on co's financial statements for period ended june 30, 2016 - sec filing .Says about 5 percent of co's total revenues are pound sterling-denominated, and about 15 percent are euro-denominated.  Full Article

Xerox Q2 adjusted earnings per share $0.30
Friday, 29 Jul 2016 06:50am EDT 

Xerox XRX.N> : During q2, xerox reported progress on its planned separation into two independent, publicly traded companies . Now expects to incur one-time separation costs of $175 to $200 million pre-tax, which is lower than its previous estimate of $200 to $250 million . Company expects dis-synergy costs of $40 to $50 million in 2017 . Sees q3 2016 adjusted earnings per share $0.26 to $0.28 . Sees q3 2016 gaap earnings per share $0.14 to $0.16 . Q2 revenue $4.4 billion versus i/b/e/s view $4.39 billion . Sees fy 2016 adjusted earnings per share $1.10 to $1.20 . Reaffirms fy 2016 gaap earnings per share view $0.45 to $0.55 . Q2 adjusted earnings per share $0.30 . Q2 gaap earnings per share $0.15 from continuing operations . Q2 earnings per share view $0.25 -- Thomson Reuters I/B/E/S . Q2 revenue from the company's services business was $2.5 billion, a decrease of 2 percent or 1 percent in constant currency . Today provided an update on estimated costs associated with separation . On track to realize approximately $700 million in annualized savings it targeted for 2016 . Estimated restructuring and related charges continue to be approximately $300 million for full-year 2016 . Tax-Related separation costs are estimated to be $40 to $50 million . Fy2016 earnings per share view $1.09, revenue view $17.53 billion -- Thomson Reuters I/B/E/S.  Full Article

Xerox sets quarterly cash dividend of $0.0775/shr
Wednesday, 20 Jul 2016 02:15pm EDT 

Xerox Corp : Sets quarterly cash dividend of $0.0775 per share .Also declared a quarterly cash dividend of $20 per share on Xerox series a convertible perpetual preferred stock.  Full Article

Xerox rejects proposed merger deal with RR Donnelly - CNBC, citing DJ
Thursday, 14 Jul 2016 09:04pm EDT 

: Xerox rejects proposed merger deal with RR Donnelly- CNBC, citing DJ (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).  Full Article

Xerox is said in talks to merge copy business with RR Donnelly- CNBC citing a report
Monday, 11 Jul 2016 04:06pm EDT 

: Xerox is said in talks to merge copy business with RR Donnelly - CNBC citing a report Further company coverage: [XRX.N] (((Bengaluru Newsroom +91 80 6749-3581; within U.S. +1 646 223 8780))).  Full Article

Carl Icahn posts 9.78 pct stake in Xerox Corp as of June 27 - SEC Filing
Monday, 27 Jun 2016 05:35pm EDT 

Xerox Corp :Carl Icahn posts 9.78 pct stake in Xerox Corp as of June 27 vs 9.18 pct stake as of Jan 28 - SEC Filing.  Full Article

Xerox to name Jeff Jacobson CEO after split - CNBC, citing DJ
Thursday, 23 Jun 2016 04:22pm EDT 

: Xerox to name Jeff Jacobson CEO after split - CNBC, citing DJ . Jeff Jacobson to succeed Xerox CEO Ursula Burns - CNBC, citing DJ Further company coverage: [XRX.N] (Bengaluru Newsroom) ((+1 646 223 8780;)).  Full Article

Jeff Jacobson to become CEO of Xerox Corp following completion of separation
Thursday, 23 Jun 2016 04:20pm EDT 

Xerox Corp : Jeff Jacobson to become CEO of Xerox Corporation following completion of separation . Jacobson currently serves as president of Xerox Technology and will continue in his current role until separation is complete . Company is on track to complete separation by end of 2016 .Jeff Jacobson to become CEO of Xerox Corporation following completion of separation.  Full Article

Xerox says Ashok Vemuri's base annual salary will be $1 mln
Tuesday, 14 Jun 2016 08:17am EDT 

Xerox Corp : Ashok Vemuri's base salary will be paid monthly at annualized rate of $1 million - SEC filing .Vemuri will be entitled to participate in annual performance incentive plan at a target level of 150% of annualized salary.  Full Article

BRIEF-Xerox names Brian Webb-Walsh CFO of Conduent Inc

* Names Brian Webb-Walsh CFO of Conduent Incorporated, its post-separation business processing services company