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Xerox Corp (XRX.N)

XRX.N on New York Stock Exchange

7.00USD
26 May 2017
Change (% chg)

$0.01 (+0.14%)
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Latest Key Developments (Source: Significant Developments)

Xerox’s Global Imaging Systems acquires Mt Business Technologies
Monday, 15 May 2017 07:00am EDT 

May 15 (Reuters) - Xerox Corp :Xerox’s global imaging systems acquires MT Business Technologies; expands presence in Ohio.Says terms of agreement were not disclosed.Says MT Business Technologies President Chuck Rounds will remain company president after acquisition.  Full Article

Xerox CEO Ursula Burns' FY 2016 total compensation was $14.1 mln
Monday, 10 Apr 2017 09:02am EDT 

Xerox Corp :CEO Ursula Burns' FY 2016 total compensation was $14.1 million versus $10.6 million in FY 2015 - sec filing.  Full Article

Xerox announces expiration of offers to exchange outstanding notes
Tuesday, 28 Mar 2017 09:00am EDT 

Xerox Corp : Xerox announces expiration of offers to exchange outstanding notes .Xerox- offer to purchase $300 million in debt, exchange additional $300 million of existing debt for new 4.070pct senior notes due March 17, 2022, expired March 27.  Full Article

Xerox announces offers to exchange outstanding notes
Tuesday, 28 Feb 2017 08:27pm EST 

Xerox Corp : Xerox announces offers to exchange outstanding notes . Plans to early redeem (retire) $300 million in debt . Says Xerox is targeting to exchange $300 million or more of existing debt for new debt . Exchange consistent with capital allocation guidance to reduce $300 million in debt above $1 billion in senior notes coming due this year .Will only purchase up to $300 million aggregate principal amount of existing notes for cash.  Full Article

Xerox says worldwide employment,which represents xerox post-separation, was about 37,600 as of Dec 31
Monday, 27 Feb 2017 05:09pm EST 

Xerox Corp :Xerox-Worldwide employment,which represents xerox post-separation, was about 37,600 as of dec 31, 2016 and down by 2,400 from dec 31, 2015-sec filing.  Full Article

Xerox sets quarterly cash dividend of $0.0625 per share
Friday, 24 Feb 2017 02:07pm EST 

Xerox Corp :Sets quarterly cash dividend of $0.0625 per share.  Full Article

Xerox and EFI partner to give customers best in class digital front ends
Thursday, 2 Feb 2017 08:15am EST 

Xerox Corp : Xerox and EFI partner to give customers best in class digital front ends . Xerox Corp says terms of transaction were not disclosed . Xerox Corp - terms of transaction were not disclosed . Says agreement includes sale of Xerox's freeflow print server dfe business to EFI . Xerox - under terms of deal, EFI will continue to produce and support FFPS so current customers do not experience interruptions in sales or service .Xerox Corp - agreement is for FFPS only and does not impact Xerox workflow solutions that carry a freeflow sub-brand name.  Full Article

Xerox reports Q4 adjusted EPS of $0.25
Tuesday, 31 Jan 2017 06:45am EST 

Xerox Corp : Xerox reports fourth-quarter 2016 earnings . Q4 revenue $2.7 billion versus I/B/E/S view $2.77 billion . Sees FY 2017 adjusted earnings per share $0.80 to $0.88 . Sees FY 2017 GAAP earnings per share $0.44 to $0.52 from continuing operations . Q4 GAAP earnings per share $0.17 from continuing operations excluding items . Q4 adjusted earnings per share $0.25 . Q4 GAAP earnings per share $0.17 from continuing operations . Q4 earnings per share view $0.25 -- Thomson Reuters I/B/E/S . FY2017 earnings per share view $0.88, revenue view $10.35 billion -- Thomson Reuters I/B/E/S .Xerox - sees generating operating cash flow from continuing operations of $700 to $900 million and free cash flow from continuing operations of $525 to $725 million in 2017.  Full Article

Xerox adds two new directors to board
Friday, 27 Jan 2017 06:45am EST 

Xerox Corp : Xerox adds two new directors to board . Xerox Corp - chief executive officer, Jeff Jacobson, joined Xerox's board of directors, effective January 26, 2017. . Says Richard Harrington, who has served on board since 2004, will also retire and will not stand for re-election . Xerox Corp - CEO, Jeff Jacobson, and Greg Brown, chairman and CEO of Motorola Solutions, Inc., have joined Xerox's board of directors . Xerox Corp - appointments are effective January 26, 2017 .Xerox - CEO, Jeff Jacobson, and Greg Brown, chairman and CEO of Motorola Solutions, Inc, have joined Xerox's board of directors (corrects typo).  Full Article

Xerox says completes separation of Conduent
Tuesday, 3 Jan 2017 08:00am EST 

Xerox Corp : Xerox Corp - Xerox completes separation of Conduent . Xerox Corp - in connection with spin-off, Xerox received a cash transfer from Conduent of $1.8 billion .Xerox Corp - intends to use cash transfer, along with cash on hand, to retire approximately $2.0 billion in debt.  Full Article

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BRIEF-Xerox’s Global Imaging Systems acquires Mt Business Technologies

* Xerox’s global imaging systems acquires MT Business Technologies; expands presence in Ohio