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How have other tech spin-offs performed? How might the spin-off benefit IBM itself? What's left after the spin-off is the sexy stuff, cloud, AI, and Redhat. This deal should ensure the dividend increases going forward. For further details see: IBM: Breaking Up Is Eas...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Non-Farm FridayAs coronavirus infections surge across the nation the latest non-farm payrolls report will be released at 8:30 a.m. ET, and is expected to s...
Xerox (XRX) +3.7% after-hours as Carl Icahn boosts his active stake to ~14.4%, disclosing the purchase of more than 1M common shares worth nearly $20M.Icahn, who last reported a 12.9% stake in Xerox as of Sept. 9, also had built a sizable stake in HP at around the time Xerox reached out ...
Xerox Holdings Corporation (XRX) Q3 2020 Earnings Conference Call October 27, 2020, 8:00 am ET Company Participants John Visentin - Vice Chairman & CEO Xavier Heiss - Interim CFO Conference Call Participants Ananda Baruah - Loop Capital Matt Cabral - Credit Suisse Shannon Cross - Cross Re...
Xerox (XRX) reports revenue declined 19.7% on a constant currency basis in Q3.Equipment sales decreased 15.2% to $419M and Post sale revenue down 20% $1.35B.Sales contracted 22.6% for Americas and 11.3% for EMEA.Gross margin rate dropped 320 bps to 36.8%.Adjusted operating marg...
Xerox (NYSE:XRX) is scheduled to announce Q3 earnings results on Tuesday, October 27th, before market open.The consensus EPS Estimate is $0.27 (-75.0% Y/Y) and the consensus Revenue Estimate is $1.61B (-26.8% Y/Y).Over the last 2 years, XRX has beaten EPS estimates 88% of the time and has bea...
Next Phase in Ocean of Things Project Deploys Sensors to Collect Data PARC , A Xerox Company, announced today it has been awarded a contract by the Defense Advanced Research Projects Agency (DARPA) for the next development phase in the Ocean of Things, a project to expand wh...
Xerox Holdings Corporation (NYSE: XRX) has published its 2020 Global Corporate Social Responsibility Report detailing data, accomplishments and goals relating to its work regarding the environment, society and governance. “While corporate social responsibility isn...
Xerox Holdings Corporation (NYSE: XRX) will host a live audio webcast with online presentation slides at 8 a.m. ET on Tuesday, Oct. 27, to discuss the company’s third-quarter results and guidance. A news release containing this information will be issued earlier that day at 6...
In spite of pandemic-related office-closures, Xerox still managed positive FCF in Q2 and expects positive FCF through the end of the year. With at least $300M of share repurchases planned before the end of FY '20, management remains committed to shareholder returns including the divid...
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Today Xerox announced the Xerox ® AltaLink ® C8200 and Xerox ® AltaLink ® B8200 Series multi-function printers (MFPs). This new class of MFPs uses AI-assisted technology to securely automate repetitive and complex tasks and adapt to businesses’ evolv...
2024-07-19 12:58:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Xerox Holdings Corporation (NASDAQ: XRX) will host a live audio webcast at 8 a.m. ET on Thursday, July 25th, to discuss the company’s 2024 second-quarter results. A news release containing this information will be issued earlier that day at 6:30 a.m. ET. About Xerox Holdings Corpor...