Xerox Corporation stock price

Xerox Corporation latest news:


  • 02/13/2018 15:17:05

    Shareholder Deason sues Xerox in U.S. to block Fujifilm deal

    - Xerox Corp (XRX) shareholder Darwin Deason asked a court on Tuesday to block the company's merger with Japan's Fujifilm Holdings Corp (FUJIF) , claiming the U.S. photocopier maker's board failed shareholders by approving a deal that undervalues the company.

  • 02/13/2018 13:54:41

    Icahn wants Xerox to nix Fujifilm deal

    Activist investors Carl Icahn and Darwin Deason urge shareholders to oppose $6 billion Xerox's plan to sell itself to Japan's Fujifilm. Aleksandra Michalska reports.        

  • 02/13/2018 11:05:10

    Xerox says allegations in shareholder lawsuit were 'without merit'

    Xerox Corp. said Tuesday the allegations made in the lawsuit filed by shareholder Darwin Deason were "without merit," and said it will "vigorously defend itself." Deason said earlier that he was suing Xerox and its board member, and Fujifilm, in an effort to block the deal in which Fujifilm acquires a controlling stake in Xerox, alleging an "improper and fraudulently" concealed lockup agreement that Xerox entered into with Fujifilm 17 years ago that was never disclosed to shareholders. "It is unfortunate that Mr. Deason is seeking to interfere with Xerox shareholders' right to decide and is relying on meritless legal claims," Xerox stated in its response Tuesday. "Xerox has fully disclosed the joint venture agreements, and the company will respond to Mr. Deason's legal claims through the appropriate legal channels in due course." Xerox's stock was down 1.7% in midday trade. It has gained 1.4% the past 12 months, while the S&P 500 has climbed 13.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/31/2018 14:39:03

    Xerox, Boeing rise; Tupperware Brands, Juniper Networks fall

    Stocks that moved substantially or traded heavily Wednesday: Xerox Inc., up $1.45 to $34.13 Japan's Fujifilm will take majority control of the company.

  • 01/31/2018 11:52:37

    Fujifilm To Acquire Photocopying Pioneer Xerox In A $6.1 Billion Deal

    The deal signals the end of independence for a once-iconic U.S. company. Tokyo-based Fujifilm said it will cut 10,000 jobs as part of the restructuring of its 56-year-old joint venture with Xerox.

  • 01/31/2018 11:22:10

    Japan's Fujifilm to take over Xerox in $6.1 billion deal, create joint venture

    (Reuters) - Japan's Fujifilm Holdings is set to take over Xerox Corp in a $6.1 billion deal, combining the U.S. company into their existing joint venture to gain scale and cut costs amid declining demand for office printing.

  • 01/31/2018 04:38:40

    Fujifilm to take over Xerox as photocopier demand drops

    Fujifilm to takeover Xerox and cut 10,000 jobs in 'increasingly severe' market conditions.

  • 01/31/2018 01:46:18

    Xerox reports fourth-quarter loss

    Jan 31 (Reuters) - Printer and copier maker Xerox Corp reported a quarterly loss on Wednesday as tumbling demand for office printing took a toll on its results.

  • 01/31/2018 01:21:32

    Fujifilm to take over Xerox, combined into joint venture

    TOKYO (Reuters) - Japan's Fujifilm Holdings is set to take over Xerox Corp, and combine the U.S. company into their joint venture Fuji Xerox in an effort to cut costs, the companies said on Wednesday.

  • 01/31/2018 01:12:03

    Fujifilm to cut jobs as demand for photocopiers drops

    Fujifilm to cut 10,000 jobs at Fuji Xerox blaming 'severe' conditions in the market for photcopiers.

  • 01/31/2018 00:47:02

    Fujifilm says to slash 10,000 jobs at Xerox JV, after report on new deal

    (Reuters) - Japan's Fujifilm Holdings said it is cutting 10,000 jobs globally at its joint venture with Xerox Corp to cope with a decline in the photocopying business, amid speculation of a new deal between the two companies.

  • 01/30/2018 23:50:54

    Fujifilm says to cut 10,000 jobs at joint venture with Xerox

    TOKYO (Reuters) - Japan's Fujifilm Holdings said it is cutting 10,000 jobs globally at its joint venture with Xerox Corp, saying it needed to overhaul the photocopying business amid a tough market environment.

  • 01/30/2018 23:36:59

    Japan's Fujifilm says to cut 10,000 jobs at joint venture with Xerox

    TOKYO, Jan 31 (Reuters) - Japan's Fujifilm Holdings said it is cutting 10,000 jobs globally at its joint venture with Xerox Corp, saying it needed to overhaul the photocopying business amid a tough market environment.

  • 01/30/2018 18:21:48

    UPDATE 1-Xerox near deal that would cede control to Fujifilm - WSJ

    * Xerox shareholders to own just under half of new entity - WSJ

  • 01/30/2018 17:52:19

    Xerox shares surge 4% on report of Fujifilm deal

    Shares of Xerox Corp. surged in after-hours trading Tuesday after a Wall Street Journal report that Japan's Fujifilm Holdings Corp. was nearing a deal to buy a little more than half of the company. The Journal said a deal could be announced as soon as Wednesday. Xerox shares jumped as much as 8% in late trading, before settling back to a gain of about 4.4%. Xerox has a market cap of about $8.32 billion. Earlier this month, the Journal reported that activist Xerox investors Carl Icahn and Darwin Deason were urging the company to pursue a sale. Xerox shares closed Tuesday down slightly at $32.68, but are up 12% year to date, compared to the S&P 500's 5.5% rise.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/30/2018 17:16:57

    Fujifilm Nears Deal With Xerox - WSJ

    Jan 30 (Reuters) - Xerox Corp is nearing a deal with Japan's Fujifilm Holdings Corp to form a joint venture with the hope of cutting costs to combat declining demand, reported The Wall Street Journal citing people familiar with the matter.

  • 01/30/2018 17:09:55

    Xerox shares surge 8% on report of Fujifilm deal

    Shares of Xerox Corp. surged more than 8% in after-hours trading Tuesday after a Wall Street Journal report that Japan's Fujifilm Holdings Corp. was nearing a deal to buy a little more than half of the company. The Journal said a deal could be announced as soon as Wednesday. Xerox has a market cap of about $8.32 billion. Earlier this month, the Journal reported that activist Xerox investors Carl Icahn and Darwin Deason were urging the company to pursue a sale. Xerox shares closed Tuesday down slightly at $32.68, but are up 12% year to date, compared to the S&P 500's 5.5% rise.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/30/2018 16:47:42

    BRIEF-Fujifilm Nears Deal With Xerox - CNBC, citing DJ

    * FUJIFILM NEAR DEAL WITH XEROX THAT COULD BE ANNOUNCED AS SOON AS TOMORROW WHERE XEROX SHAREHOLDERS WOULD OWN JUST UNDER HALF OF NEW CO - CNBC, CITING DJ Further company coverage:

  • 01/22/2018 13:00:01

    Icahn, Deason join forces to demand Xerox explore options

    (Reuters) - Hedge fund managers Carl Icahn and Darwin Deason joined forces on Monday to push Xerox Corp to explore strategic options, oust its "old guard", including its CEO, and negotiate better terms for its decades-long deal with Japan's Fujifilm.

  • 01/22/2018 07:33:17

    Xerox's stock rallies after activist investors Icahn, Deason call for exploration of alternatives

    Xerox Corp.'s stock rallied 3.1% in morning trade Monday, after the Carl Icahn and Darwin Deason, two of the document and communication services company's three largest shareholders, called for the company to explore strategic alternatives and for the immediate removal of Chief Executive Jeff Jacobson. Icahn disclosed Monday that he owned 24.76 million shares of Xerox, or 9.7% of the shares outstanding, while Deason disclosed ownership of 15.32 million, or 6.0%, of Xerox shares. Regarding the report in The Wall Street Journal over the weekend that Xerox and Fujifilm are discussing a range of potential deals, Icahn and Deason implored the company to not allow Jacobson to lead the negotiations, saying in a joint statement that Jacobson is "neither qualified nor capable of successfully running this company, let alone negotiating a major strategic transaction that will do more more than save his own job." Last week, Icahn has urged Xerox to revise or terminate its Fuji Xerox joint venture in the wake of an accounting scandal. Xerox's stock has lost 2.7% over the past three months but has rallied 17% the past 12 months, while the S&P 500 has gained 9.1% the past three months and run up 24% the past year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/21/2018 22:20:39

    Icahn, Deason to jointly push Xerox to explore selling itself, other options-WSJ

    * Icahn, Deason earlier separately called for change at Xerox (XRX). * Options include sale, breaking off JV with Fujifilm (FUJIF) -WSJ. * Xerox (XRX) says confident with strategic direction of company.

  • 01/21/2018 22:19:42

    Icahn, Deason to jointly push Xerox to explore selling itself, other options: WSJ

    (Reuters) - Investor Carl Icahn and Darwin Deason, the biggest- and third-largest shareholders of Xerox Corp, jointly plan to push the printer and photocopier maker to explore options, including a sale of the firm, the Wall Street Journal reported on Sunday.

  • 01/21/2018 22:16:18

    UPDATE 2-Icahn, Deason to jointly push Xerox to explore selling itself, other options-WSJ

    * Icahn, Deason earlier separately called for change at Xerox

  • 01/21/2018 17:51:01

    Icahn, Deason call on Xerox to explore options, including sale: WSJ

    (Reuters) - Hedge fund investor Carl Icahn and another major owner of Xerox Corp stock, Darwin Deason, are pushing the digital print technology provider to explore strategic alternatives, including a sale, the Wall Street Journal reported on Sunday.

  • 01/21/2018 17:18:15

    Icahn, Deason call on Xerox to explore options, including sale -WSJ

    Hedge fund investor Carl Icahn and another major owner of Xerox Corp (XRX) stock, Darwin Deason, are pushing the digital print technology provider to explore strategic alternatives, including a sale, the Wall Street Journal reported on Sunday.

  • 01/21/2018 16:56:50

    BRIEF-Carl Icahn And Darwin Deason push for Xerox to explore sale - WSJ‍​

    * CARL ICAHN AND DARWIN DEASON PUSH FOR XEROX TO EXPLORE SALE - WSJ, CITING SOURCES‍​ Source: http://on.wsj.com/2EYCRHd Further company coverage:

  • 01/18/2018 21:59:05

    Xerox-Fujifilm deal should have been changed long ago -Icahn

    Hedge fund investor Carl Icahn has called for the termination or renegotiation of Xerox Corp's (XRX) long-running photocopier joint venture with Fujifilm Holdings (FUJIF), reiterating demands for a change of leadership at Xerox.

  • 01/18/2018 11:34:43

    UPDATE 2-Xerox-Fujifilm deal should have been changed long ago -Icahn

    Jan 18 (Reuters) - Hedge fund investor Carl Icahn called on Thursday for the termination or renegotiation of Xerox Corp's long-running joint venture with Fujifilm Holdings reiterating demands for a change of leadership at Xerox.

  • 01/18/2018 11:33:37

    BRIEF-Xerox Says "We Are Aware Of The Letter From Carl Icahn"‍​

    * XEROX SAYS "WE ARE AWARE OF THE LETTER FROM CARL ICAHN"‍​ Further company coverage:

  • 01/18/2018 08:09:02

    Icahn urges Xerox board to act on Fuji joint venture

    Billionaire investor Carl Icahn on Thursday urged Xerox Corp. to revise or even terminate its Fuji Xerox joint venture in the wake of an accounting scandal, and offered his support to Darwin Deason, the company's third-biggest shareholder. Deason said Wednesday that Xerox should disclose its agreement with Fuji and explore strategic alternatives regarding Fuji. "We are obviously in favor of renegotiating the joint venture agreement to make it more favorable for Xerox," Icahn wrote in an open letter to shareholders. "This should have been done a long, long time ago. It is self-evident that the current management team is clearly incapable of doing so." Icahn also criticized the "long-tenured directors at Xerox" who refuse to acknowledge that change is needed. In December, Jonathan Christodoro, a former Icahn employee, resigned from his role as member of the Xerox board after a disagreement about strategy. Xerox shares were down 0.8%, but have gained 15% in the last 12 months, while the S&P 500 has gained 23%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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