Key Developments: Xerox Corp (XRX.N)

XRX.N on New York Stock Exchange

14.14USD
26 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Xerox Corp announces selling of TripPak
Thursday, 10 Jul 2014 08:00am EDT 

Xerox Corp:To Sell TripPak to Pegasus TransTech.Blackhill Partners acts as the Advisor.  Full Article

Xerox declares dividend on common and preferred stock
Tuesday, 20 May 2014 02:52pm EDT 

Xerox Corp:Declares a quarterly cash dividend of 6.25 cents per share.Payable on July 31, to shareholders of record on June 30.  Full Article

Xerox Corp to acquire ISG Holdings, Inc
Tuesday, 6 May 2014 07:00am EDT 

Xerox Corp:Definitive agreement to acquire ISG Holdings, Inc. for $225 mln, creating comprehensive workers' compensation suite of offerings for clients in property and casualty insurance industry.In addition to Xerox's current workers' compensation business offered through CompIQ, Xerox will add the following ISG subsidiaries.  Full Article

Xerox Corp gives Q2 2014 EPS guidance below analysts' estimates and lowers FY 2014 EPS guidance
Tuesday, 22 Apr 2014 07:00am EDT 

Xerox Corp:Says as a result of increased implementation costs in government healthcare, the company is lowering its guidance for both full-year Services segment margin and FY 2014 earnings.Expects Q2 2014 GAAP earnings per share to be $0.21 to $0.23 per share.Expects Q2 2014 adjusted EPS to be $0.25 to $0.27.Expects FY 2014 GAAP earnings per share of $0.90 to $0.96 and adjusted EPS of $1.07 to $1.13.Q2 2014 EPS estimate of $0.28 and FY 2014 EPS estimate of $1.13 - Thomson Reuters I/B/E/S.  Full Article

Xerox Corp expands e-discovery managed services with Acquisition of Smart Data
Tuesday, 8 Apr 2014 11:00am EDT 

Xerox Corp:Acquisition of Smart Data Consulting to expand e-discovery services and technology consulting capabilities designed for law firms and corporations.  Full Article

Xerox Research Centre Canada signs agreement with Authentix to provide secure materials research services
Monday, 31 Mar 2014 10:00am EDT 

Xerox Corp:Signs multi-year materials research services agreement with Dallas-based Authentix Inc.Provider of anti-counterfeiting, brand protection and program integrity solutions for oil and gas industry, currency, branded products and tax stamp markets.Scientists at XRCC specialize in design and development of electronic materials and specialty components, environmentally-friendly processes; coatings, applied nanotechnology, polymer science, engineering and pilot plant scale-up.  Full Article

Xerox Corp issues Q1 2014 EPS guidance below analysts' estimates; reaffirms FY 2014 EPS guidance
Friday, 24 Jan 2014 07:00am EST 

Xerox Corp:Expects Q1 2014 GAAP earnings of $0.19 to $0.21 per share and adjusted EPS of $0.23 to $0.25 per share.Reaffirmed FY 2014 guidance.Expects FY 2014 GAAP EPS in the range of $0.93 to $0.99 and adjusted EPS of $1.10 to $1.16.Q1 2014 EPS of $$0.24 - Thomson Reuters I/B/E/S.FY 2014 EPS of $1.14 - Thomson Reuters I/B/E/S.  Full Article

Xerox Corp declares increase in quarterly dividend on common stock
Friday, 24 Jan 2014 06:45am EST 

Xerox Corp:Says Directors has declared an 8.7 pct increase in the company`s quarterly cash dividend to $0.0625per share on Xerox common stock.Says dividend is payable on Apr. 30 to shareholders of record on Mar. 31.Says Board also declared a quarterly cash dividend of $20 per share on Xerox Series A Convertible Perpetual Preferred Stock.Says dividend on Series A Convertible Perpetual Preferred Stock is payable on April 1, 2014 to shareholders of record on Mar. 15.  Full Article

Xerox Corp expands european customer care with acquisition of invoco
Friday, 20 Dec 2013 04:00am EST 

Xerox Corp:Says an agreement to acquire German-based Invoco Holding GmbH, expanding its European customer care services.Says transaction is expected to close following the completion of customary closing conditions.  Full Article

Strike ends at Xerox Corp's French subsidiary-Agence France Presse
Tuesday, 10 Dec 2013 11:10am EST 

Xerox Corp:Repair technicians at Xerox Corp's French subsidiary have called a halt to an eight-day strike over proposals to fit their vehicles with geolocation devices-Agence France Presse.A trade union source told Agence France Presse that the company had assured unions that it had acquired an additional solution which destroys personal data transmitted by GPS trackers.Workers had also been striking over a proposal to introduce bonuses based on individual rather than team performance and because their salaries have been frozen for two years.According to the trade union source, the company has assured them there will be a salary review in 2014 and that the introduction of individual bonuses will be postponed until 2015.  Full Article

Tech stocks lead European shares higher on M&A boost

* FTSEurofirst 300 up 0.6 pct after Thursday's 3 pct rally

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