Key Developments: Xerox Corp (XRX)

XRX on New York Consolidated

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6 Mar 2015
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Latest Key Developments (Source: Significant Developments)

Xerox Corporation declares increase in quarterly dividend on common stock
Saturday, 7 Feb 2015 10:52pm EST 

Xerox Corporation:Says that it has declared a 12 pct. increase in the company's quarterly cash dividend to $0.07 per share on Xerox common stock.The dividend is payable on Apr. 30, 2015.Paid to shareholders of record on Mar. 31, 2015.The board also declared a quarterly cash dividend of $20 per share on Xerox Series A Convertible Perpetual Preferred Stock.The dividend is payable on Apr. 1, 2015.Paid to shareholders of record on Mar. 15, 2015.  Full Article

Xerox Corp gives Q1, FY 2015 EPS outlook below analysts' estimates
Friday, 30 Jan 2015 07:00am EST 

Xerox Corp:Expects Q1 2015 GAAP earnings per share of 0.16 to 0.18 and adjusted EPS of 0.20 to 0.22.Expects FY 2015 adjusted earnings per share guidance is $1.00 to $1.06.Expects FY 2015 GAAP earnings per share from continuing operations of $0.83 to $0.89.Q1 2015 EPS of $0.24 - Thomson Reuters I/B/E/S.FY 2015 EPS of $1.09 - Thomson Reuters I/B/E/S.  Full Article

Xerox Corporation declares dividends
Friday, 30 Jan 2015 07:00am EST 

Xerox Corporation:Declared a 12 percent increase in the company's quarterly cash dividend to $0.07 per share.The dividend is payable on April 30 to shareholders of record on March 31, 2014.Also declared a quarterly cash dividend of $20 per share on Xerox Series A Convertible Perpetual Preferred Stock.The dividend is payable on April 1, to shareholders of record on March 15.  Full Article

Thin Film Electronics ASA announces partnership with Xerox
Wednesday, 21 Jan 2015 08:00am EST 

Thin Film Electronics ASA:Says strategic partnership with Xerox.As core element of agreement, Xerox has licensed Thinfilm`s proprietary technology to manufacture Thinfilm Memory labels - the only printed, rewritable memory commercially available today.Xerox will develop marketing strategy targeted to key customers.  Full Article

Kofax announces global partnership with Xerox
Thursday, 15 Jan 2015 08:00am EST 

Kofax Ltd:Says a global partnership with Xerox Corp.Under the agreement, Xerox will sell, market, deploy and support Kofax TotalAgility((reg))to help organizations extend the value of Xerox's managed print and document management services and products.Kofax's sales and services staff will support Xerox in this endeavor.  Full Article

Xerox Corporation to sell Information Technology Outsourcing business to Atos for $1.05 Billion
Thursday, 18 Dec 2014 06:58pm EST 

Xerox Corporation:Signs an agreement to sell its Information Technology Outsourcing (ITO) business to Atos for $1.05 billion prior to closing adjustments, with additional consideration of $50 million subject to the condition of certain assets at closing.The transaction is subject to customary closing conditions and regulatory approval and is expected to close in the first half of 2015.  Full Article

Xerox Corp lowers FY 2014, Q4 2014 earnings guidance
Thursday, 18 Dec 2014 06:58pm EST 

Xerox Corp:Expects FY 2014 GAAP EPS from continuing operations of $0.87 - $0.89.Expects FY 2014 adjusted EPS of $1.04 - $1.06.Expects Q4 2014 GAAP EPS from continuing operations of $0.24 - $0.26.Expects Q4 2014 adjusted EPS of $0.28 - $0.30.FY 2014 EPS of $1.11 - Thomson Reuters I/B/E/S.Q4 2014 EPS of $0.31 - Thomson Reuters I/B/E/S.  Full Article

Xerox Corp gives FY 2015 EPS guidance below analysts' estimates
Tuesday, 11 Nov 2014 08:00am EST 

Xerox Corp:Expects FY 2015 GAAP earnings per share to be in the range of 0.93 to 0.99.Expects FY 2015 adjusted earnings per share to be $1.11 to $1.17, which excludes the amortization of intangible assets of $0.18 for FY 2015.FY 2015 EPS of $1.18 - Thomson Reuters I/B/E/S.  Full Article

Xerox Corp gives Q4 2014 EPS guidance in line with analysts estimates and raises low end of prior FY 2014 EPS guidance
Wednesday, 22 Oct 2014 07:03am EDT 

Xerox Corp:Expects Q4 2014 GAAP EPS to be $0.26 to $0.28 per share.Expects Q4 2014 adjusted EPS to be $0.30 to $0.32 per share.Expects FY 2014 GAAP EPS in the range of $0.93 to $0.95.Expects FY 2014 adjusted EPS in the range of $1.11 to $1.13.Q4 2014 EPS of $0.31 - Thomson Reuters I/B/E/S.FY 2014 EPS of $1.11 - Thomson Reuters I/B/E/S.  Full Article

Xerox Corp selects Xerox for global IT management and delivery
Thursday, 16 Oct 2014 10:00am EDT 

Xerox Corp:Says Allegion Plc recently selected Xerox.To support company's IT infrastructure as part of five-year agreement.Xerox will support Allegion's infrastructure by managing IT services 24/7, allowing Allegion to continue keeping people safe wherever they live, work or visit through their core offerings of security products and services.Allegion's information will be hosted in Xerox's global data centers, providing resiliency to Allegion's business.  Full Article

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Xerox cuts profit forecast again as revenue slide continues

- Xerox Corp , which has been shifting its focus to IT services from making printers and copiers, cut its profit forecast for 2015 for the second time after reporting its sixth-consecutive drop in quarterly revenue.

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