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Xerox Corp (XRX.N)

XRX.N on New York Stock Exchange

30.38USD
21 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Xerox Sets Quarterly Cash Dividend Of $0.25/Share
6:45am 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

Deason, Icahn Together Own 15.2 Pct Stake In Xerox Corp As Of Feb 12​
Monday, 12 Feb 2018 11:31pm EST 

Feb 13 (Reuters) - :DARWIN DEASON AND CARL ICAHN TOGETHER OWN 15.2 PERCENT STAKE (NOT 6 PERCENT) IN XEROX CORP, AS OF FEB 12, 2018 - SEC FILING‍​.DARWIN DEASON REPORTED 6 PERCENT STAKE IN XEROX CORP AS OF JAN 22 - SEC FILING‍​.  Full Article

Xerox Responds To Icahn, Deason's Criticism Of Fujifilm Deal
Monday, 12 Feb 2018 10:01am EST 

Feb 12 (Reuters) - Xerox::REVIEW OF ALTERNATIVES BY INDEPENDENT MEMBERS OF BOARD CONSIDERED MANY OPTIONS IN DETAIL & CONCLUDED THAT DEAL WITH FUJI XEROX IS BEST CHOICE.  Full Article

Xerox Says Either Co, Fujifilm To Pay To The Other $183 Million Termination Fee If JV Agreement Terminated
Monday, 5 Feb 2018 06:27am EST 

Feb 5 (Reuters) - Fujifilm Holdings Corp <4901.T>::XEROX SAYS EITHER CO, FUJIFILM TO PAY TO THE OTHER $183 MILLION TERMINATION FEE IF AGREEMENT TO COMBINE FUJI XEROX JV WITH XEROX TERMINATED - SEC FILING.  Full Article

Thin Film Electronics Says ‍Xerox Corp Will Acquire Certain Thinfilm Memory Intellectual Property​
Thursday, 28 Dec 2017 03:44pm EST 

Dec 28 (Reuters) - Thin Film Electronics Asa ::‍XEROX CORP. WILL ACQUIRE CERTAIN THINFILM MEMORY(TM) INTELLECTUAL PROPERTY​.THIN FILM ELECTRONICS - ‍IN RETURN, CO TO RECEIVE UP-FRONT PAYMENT PLUS AN EARN-OUT BASED ON EXISTING AGREED-TO ROYALTY SCHEDULE​.  Full Article

Xerox Receives Director Nominations From Activist Investor Carl Icahn
Monday, 11 Dec 2017 07:00am EST 

Dec 11 (Reuters) - Xerox Corp ::XEROX ANNOUNCES CHANGE TO BOARD OF DIRECTORS AND CONFIRMS RECEIPT OF DIRECTOR NOMINATIONS FROM CARL ICAHN.XEROX CORP - ‍ JONATHAN CHRISTODORO HAS RESIGNED FROM COMPANY'S BOARD OF DIRECTORS​.XEROX CORP - REAFFIRMED FULL YEAR GUIDANCE FOR ADJUSTED OPERATING MARGIN, EPS, CASH FLOW & REVENUE PROVIDED ON OCT 26, 2017 WITH CO'S Q3 2017 RESULTS.XEROX - IN CONNECTION WITH CHRISTODORO'S RESIGNATION, STANDSTILL ARRANGEMENT BETWEEN CO, ICAHN GROUP ENTERED INTO ON JUNE 27, 2016 WAS TERMINATED.XEROX CORP - RECEIVED NOTICE FROM ICAHN GROUP OF ITS NOMINATION OF 4 DIRECTOR CANDIDATES TO STAND FOR ELECTION AT CO'S 2018 ANNUAL MEETING.XEROX CORP - CORPORATE GOVERNANCE COMMITTEE OF BOARD WILL REVIEW AND CONSIDER ICAHN'S DIRECTOR CANDIDATES.XEROX-‍CHRISTODORO, FORMER MANAGING DIRECTOR OF ICAHN CAPITAL, RESIGNED TO ALLOW CARL ICAHN TO SUBMIT DIRECTOR NOMINATIONS FOR ELECTION AT 2018 MEETING.XEROX CORP - "IN 2017 ALONE, WE EXPECT TO MEET OR EXCEED OUR TARGET OF $600 MILLION OF GROSS COST SAVINGS".  Full Article

Xerox Corp says EVP Herve‍​ Tessler reports open market sale of 6,000 shares of co's common stock
Monday, 13 Nov 2017 05:28pm EST 

Nov 13 (Reuters) - Xerox Corp ::Xerox Corp says EVP Herve‍​ Tessler reports open market sale of 6,000 shares of co's common stock at average price of $28.59per share on Nov 13 .  Full Article

Xerox Corp Q3 adjusted EPS 89 cents‍​‍​
Thursday, 26 Oct 2017 07:13am EDT 

Oct 26 (Reuters) - Xerox Corp :Xerox Corp - qtrly GAAP EPS from continuing operations of 67 cents ‍​.Xerox Corp - qtrly adjusted eps of 89 cents‍​.Qtrly total revenue of $2.5 billion, down 5.0 percent or 5.9 percent in constant currency year-over-year ‍​.Xerox Corp - ‍​ affirms full-year revenue and adjusted operating margin guidance; raises lower-end of eps guidance.Xerox Corp sees full-year 2017 guidance of GAAP EPS from continuing operations to $1.97 to $2.13‍​.Q3 earnings per share view $0.83 -- Thomson Reuters I/B/E/S.Q3 revenue view $2.48 billion -- Thomson Reuters I/B/E/S.Xerox Corp sees full-year 2017 adjusted eps to $3.28 to $3.44.Xerox Corp - the company expects to end the year with more than $1.0 billion of cash on its balance sheet‍​.  Full Article

Xerox sets quarterly cash dividend of $0.25 per share
Tuesday, 17 Oct 2017 02:45pm EDT 

Oct 17 (Reuters) - Xerox Corp ::Sets quarterly cash dividend of $0.25 per share.  Full Article

BRIEF-Xerox Sets Quarterly Cash Dividend Of $0.25/Share

* SETS QUARTERLY CASH DIVIDEND OF $0.25PER SHARE Source text for Eikon: Further company coverage: