updated Tue. January 9, 2024
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What They Think
April 25, 2018
Wednesday, April 25, 2018. Press release from the issuing company. Norwalk, Conn. – Xerox continues to hold a leadership position for channel managed print services (MPS) for its broad and accessible portfolio, according to the latest European-focused, worldwide market landscape report by analyst research groupÃâà...
Printing Impressions
April 24, 2018
Although the dates of the 2018 Xerox annual shareholder meeting have yet to be announced (reports indicate it will be held before the end of June), activist shareholders Darwin Deason and Carl Icahn have launched a full-court press to convince Xerox shareholders to vote against the proposedÃâà...
Nasdaq
April 24, 2018
Xerox CorporationXRX is slated to report first-quarter 2018 results on May 3. While we expect decreasing demand for paper-related systems and unfavorable foreign currency movements to weigh on Xerox's top-line growth, the bottom line is anticipated to be driven by encouraging performance of newÃâà...
CRN
April 23, 2018
Xerox and Fujifilm are reportedly open to the possibility of renegotiating the terms of their historic merger. CNBC on Friday reported that Fuji said during a Thursday open court hearing that the merger under which Norwalk, Conn.-based Xerox would cede a 50.1-percent ownership stake to Tokyo-basedÃâà...
ExecutiveBiz (blog)
March 9, 2018
Xerox expects the equipment replacements to reduce the USAF's use of government-owned document tools by a maximum of 2000 items. Additionally, Xerox staff will be assigned to manage help desk support, equipment maintenance and print infrastructure for Joint Base Andrews, Joint BaseÃâà...
Westfair Online
March 9, 2018
xerox air force According to the Norwalk-based company, each Air Force squadron has been responsible for its own print decisions, thus preventing a centralized management of these activities. Xerox will replace all Air Force equipment with its multifunction devices and take over document managementÃâà...
Motley Fool
March 9, 2018
Shares of document management veteran Xerox (NYSE:XRX) fell 11.2% in February, according to data from S&P Global Market Intelligence. The pending merger with Japan-based Fuji Xerox -- itself a 56-year-old joint venture between Xerox and Fujifilm (NASDAQOTH:FUJIY) -- turned into a bitter feud withÃâà...
Artsy
March 6, 2018
In the mid-1960s, as her marriage broke down, Smith made a radical move to install a 914-model Xerox copy machine in her house to make art. Xerox offered revolutionary technology to ordinary people, enabling them to make copies, transfer information, and self-publish—a scan from a glass plate causedÃâà...
Rochester Democrat and Chronicle
March 2, 2018
Attorneys for Richard Leon Wilbern, accused of murder during a 2003 robbery of a Xerox campus federal credit union, are challenging some of the identification procedures used in the investigation. "The defense has serious concerns regarding the suggestiveness of these identification procedures and theÃâà...
CNBC
March 2, 2018
The lawsuit asks the court to waive a December 2017 deadline shareholders had to nominate director candidates, citing "radical" changes since that date. In a joint letter, Deason and Icahn make their case directly to Xerox shareholders, saying they think the board is "terrified" of giving them a chance toÃâà...
Barron's
February 23, 2018
His current high-profile target is Xerox (ticker: XRX) Chief Executive Jeff Jacobson, who is not a tyrant, but an “acolyte” of a former CEO that was incompetent in Icahn's eyes, as he co-wrote in a missive with fellow activist Darwin Deason. Icahn and Deason announced Jan. 22 that they had joined forces andÃâà...
CNBC
February 13, 2018
The Xerox deal to combine with Fujifilm took another blow Tuesday when its third-largest shareholder, Darwin Deason, sued Xerox and Fuji in New York state court for alleged fraud. He is seeking to stop the companies from completing their deal and to nullify their joint venture. The complaint, brought byÃâà...
MarketWatch
December 31, 1999
Xerox Corp. defended its chief executive against accusations from one of its biggest investors Thursday, saying Jeff Jacobson had proper board authority to negotiate a deal with Fujifilm Holdings Inc., as the sides continued to brawl over the transaction. Billionaire Xerox shareholder Darwin Deason hasÃâà...
Rochester Democrat and Chronicle
December 31, 1999
The Connecticut-based company has been under siege by two of its largest shareholders, Carl Icahn and Darwin Deason, for months over its joint venture with Fuji Xerox, formed decades ago, and its more recent proposed merger with Fujifilm Holdings, which would give the Japanese technology companyÃâà...
CNBC
December 31, 1999
The $6.1 billion deal, which would combine Xerox into an existing joint venture with Fuji, drew opposition from prominent shareholders such as Darwin Deason, Xerox's largest individual shareholder, who sued in New York state court saying the deal undervalues the American copier and printing company.
Rochester Democrat and Chronicle
December 31, 1999
Tip to FBI and DNA evidence leads to arrest of former Xerox employee, Richard Leon Wilbern. (September 28, 2016) Max Schulte ... The trial for the man accused of fatally shooting a man during the robbery of a Xerox federal credit union likely won't happen until 2019. The volume of evidence turned over toÃâà...