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Xerox Corp (XRX)

XRX on New York Consolidated

31.03USD
25 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Xerox sets quarterly cash dividend of $0.25 per share
Thursday, 20 Jul 2017 10:00am EDT 

July 20 (Reuters) - Xerox Corp ::Xerox declares dividend on common and preferred stock.Sets quarterly cash dividend of $0.25 per share.Board also declared a quarterly cash dividend of $20 per share on Xerox Series B Convertible Perpetual Preferred Stock​.$0.25 per share dividend reflects one-for-four reverse stock split that became effective on June 14, 2017.  Full Article

Naver to buy Xerox Research Centre Europe
Monday, 26 Jun 2017 06:00pm EDT 

June 26 (Reuters) - Naver Corp <035420.KS>::Naver Corp - co, Xerox Corporation announced an agreement for Naver to acquire Xerox Research Centre Europe in Grenoble, France.  Full Article

Xerox says Fujifilm releases redacted Japanese language version of independent investigation committee's report
Wednesday, 14 Jun 2017 05:01pm EDT 

June 14 (Reuters) - Xerox Corp : :Xerox Corp - on June 12,Fujifilm released redacted japanese language version of independent investigation committee’s report .Xerox Corp - Fujifilm also stated that an english language version of the report would be made available shortly.Says currently analyzing information contained in report, as well as seeking additional information from Fujifilm and Fuji Xerox‍​.Xerox Corp says following Fujifilm Holdings' June 12 report, anticipate having to reflect the increase in the adjustments in its financial statements‍​.  Full Article

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

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VEON names former Xerox CEO Ursula Burns as chairwoman

FRANKFURT VEON named former Xerox chief Ursula Burns as its chairwoman on Monday, as the telecoms operator undertakes corporate governance reforms and a makeover as a global online services company.