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Xerox Corp (XRX.N)

XRX.N on New York Stock Exchange

31.91USD
24 May 2019
Change (% chg)

$0.03 (+0.09%)
Prev Close
$31.88
Open
$32.14
Day's High
$32.30
Day's Low
$31.80
Volume
413,491
Avg. Vol
847,632
52-wk High
$35.17
52-wk Low
$18.58

Latest Key Developments (Source: Significant Developments)

Xerox Corp Says Former CEO Jeffrey Jacobson's Total Compensation In 2018 Was $6.8 Million
Thursday, 18 Apr 2019 07:39am EDT 

April 18 (Reuters) - Xerox Corp ::XEROX CORP - FORMER CHIEF EXECUTIVE OFFICER JEFFREY JACOBSON'S 2018 TOTAL COMPENSATION WAS $6.8 MILLION - SEC FILING.XEROX CORP SAYS CEO GIOVANNI (JOHN) VISENTIN'S 2018 TOTAL COMPENSATION WAS $23.5 MILLION - SEC FILING.XEROX CORP - CEO VISENTIN'S 2018 TOTAL COMPENSATION INCLUDED STOCK AWARDS OF $17.5 MILLION.XEROX CORP - RATIO OF 2018 CEO PAY TO MEDIAN EMPLOYEE PAY WAS 544 TO 1.  Full Article

Xerox CEO Giovanni Visentin Amended Letter Agreement Dated May 14, 2018
Thursday, 18 Apr 2019 07:24am EDT 

April 18 (Reuters) - Xerox Corp ::XEROX - CO ,GIOVANNI VISENTIN, CO'S CEO, AMENDED LETTER AGREEMENT DATED MAY 14, 2018.XEROX - PRIMARY CHANGE IS THAT SUNSET DATE OF MAY 14, 2020 WAS ADDED TO 'MODIFIED SINGLE-TRIGGER' OR 'WALK-AWAY' FEATURE OF VISENTIN'S LETTER AGREEMENT.XEROX - AFTER MAY 14, 2020, CASH PAYMENTS & ALL FUTURE EQUITY AWARDS FOR CEO WILL REQUIRE QUALIFYING TERMINATION OF EMPLOYMENT TO BE PAID AND/OR VEST.  Full Article

Xerox Says Exploring The Possibility Of A Strategic Transaction Involving Its Customer Financing Business
Monday, 18 Mar 2019 07:36am EDT 

March 18 (Reuters) - Xerox Corp ::XEROX CORP - 'PROJECT OWN IT' EXPECTED TO DRIVE GROSS SAVINGS OF AT LEAST $640 MILLION IN 2019 AND $1.5 BILLION BY 2021 - SEC FILING.XEROX CORP - IN MARCH 2019, AS PART OF 'PROJECT OWN IT', ENTERED SHARED SERVICES AGREEMENT WITH HCL TECHNOLOGIES.XEROX - SHARED SERVICES AGREEMENT WITH HCL IS EXPECTED TO RESULT IN SAVINGS OF ABOUT $90 MILLION IN 2019 & ABOUT $120 MILLION ANNUALLY THEREAFTER.XEROX CORP - CURRENTLY EXPLORING POSSIBILITY AND FEASIBILITY OF A STRATEGIC TRANSACTION INVOLVING ITS CUSTOMER FINANCING BUSINESS & /RELATED ASSETS.  Full Article

Xerox Sets Quarterly Cash Dividend Of $0.25Per Share
Monday, 21 May 2018 08:40am EDT 

May 21 (Reuters) - Xerox Corp ::SETS QUARTERLY CASH DIVIDEND OF $0.25PER SHARE.  Full Article

Fujifilm confident it will win an appeal to remove block to deal with Xerox
Tuesday, 8 May 2018 05:33am EDT 

May 8 (Reuters) - Fujifilm Holdings Corp <4901.T>::FUJIFILM SAYS IT IS CONFIDENT THAT IT WILL WIN APPEAL TO REMOVE BLOCK TO DEAL WITH XEROX.  Full Article

Xerox Reaches Agreement With Carl Icahn And Darwin Deason
Tuesday, 1 May 2018 09:46pm EDT 

May 1 (Reuters) - Xerox Corp ::XEROX REACHES AGREEMENT WITH CARL ICAHN AND DARWIN DEASON.SAYS XEROX SETTLES PENDING PROXY CONTEST AND LITIGATION; NO EFFECT ON PENDING CLAIMS AGAINST FUJIFILM.JOHN VISENTIN TO BE NAMED VICE CHAIRMAN AND CHIEF EXECUTIVE OFFICER.SAYS NEW BOARD TO MEET IMMEDIATELY TO DISCUSS STRATEGIC ALTERNATIVES.SAYS KEITH COZZA OF ICAHN ENTERPRISES TO BE NAMED CHAIRMAN.SAYS XEROX WILL APPOINT SIX NEW MEMBERS TO ITS BOARD OF DIRECTORS.AGREEMENT WILL AUTOMATICALLY TERMINATE IF COURT DOES NOT ACT BEFORE 8:00 P.M. ET ON MAY 3, 2018.SAYS JEFF JACOBSON WILL RESIGN AS CHIEF EXECUTIVE OFFICER OF XEROX AND AS A MEMBER OF ITS BOARD OF DIRECTORS.  Full Article

Xerox CEO Jacobson's FY 2017 Total Compensation Was $9.5 Mln
Tuesday, 10 Apr 2018 06:16am EDT 

April 10 (Reuters) - Xerox Corp ::XEROX CORP SAYS CEO JEFF JACOBSON'S FY 2017 TOTAL COMPENSATION WAS $9.5 MLN - SEC FILING.XEROX CORP SAYS CFO WILLIAM F. OSBOURN, JR.'S 2017 COMPENSATION WAS $5 MLN - SEC FILING.  Full Article

Darwin Deason Says Seeks To Nominate Full Slate Of Directors To Xerox At Annual Meeting‍​
Monday, 26 Feb 2018 05:55pm EST 

Feb 26 (Reuters) - Xerox Corp ::DARWIN DEASON SAYS SEEKS TO NOMINATE FULL SLATE OF DIRECTORS TO XEROX AT UPCOMING 2018 XEROX ANNUAL MEETING‍​.  Full Article

Xerox Sets Quarterly Cash Dividend Of $0.25/Share
Thursday, 22 Feb 2018 06:45am EST 

Feb 22 (Reuters) - Xerox Corp ::SETS QUARTERLY CASH DIVIDEND OF $0.25PER SHARE.  Full Article

Darwin Deason Files Lawsuit Against Xerox, Fujifilm Holdings Corp
Tuesday, 13 Feb 2018 09:46am EST 

Feb 13 (Reuters) - :DARWIN DEASON SAYS HAS FILED LAWSUIT AGAINST FUJIFILM HOLDINGS CORP, XEROX, CURRENT XEROX BOARD MEMBERS, & URSULA BURNS, XEROX'S FORMER CHAIRMAN & CEO.DARWIN DEASON SAYS THE COMPLAINT WAS FILED ON FEBRUARY 13, 2018, IN SUPREME COURT OF STATE OF NEW YORK, NEW YORK COUNTY.DARWIN DEASON SAYS IN COMPLAINT, DEASON SEEKS TO ENJOIN DEAL, TERMINATE XEROX/FUJI JV LOCK-UP, JV AGREEMENTS & PURSUE STRATEGIC ALTERNATIVES FOR XEROX.  Full Article

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Tech in driver's seat as S&P 500 flirts with record

SAN FRANCISCO Technology stocks are extending their leadership on Wall Street as the S&P 500 trades near its all-time high, with Advanced Micro Devices Inc , Xilinx Inc and Xerox Corp among the top performers since last December's sell-off that stirred fear of an end to a decade-long bull market.