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The Latest Breaking News from Xerox

Adobe Mourns the Passing of Co-Founder, Former CEO John Warnock

Dr. Warnock co-founded Adobe in 1982 with Dr. Charles Geschke after meeting as colleagues at Xerox.

AVNetwork

X marks the spot: the many fellow fans of Elon Musk’s favourite letter

From The X-Files to X-Men, Xbox to Xerox, X is loved by brands in tech, media, music and more

The Guardian - UK

‘The real story is more confusing than any lie’: the Armed’s Tony Wolski unmasks the punk collective

They’ve spent years toying with journalists, using fake names or sending actors to interviews. Now the ad guy behind the elusive Detroit band lifts the lid on the Armed multiverse

The Guardian - UK

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3 Growth Stocks Investors Love

Despite high inflation, the economy grew faster than initially estimated in the first three months of 2023. Although recession fears still linger, investors could buy fundamentally solid growth stocks Ziff Davis (ZD), Xerox Holdings (XRX), and Yext (YEXT). Keep reading.

StockNews.com

3 Buy-Rated Tech Stocks to Consider Now

Despite the cyclical ups and downs, the tech sector has remained a bright spot this year, owing to consistent digital transformation and breakthrough technological trends. Given this backdrop, buy-rated stocks Zoom Video Communications (ZM), Jabil Inc. (JBL), and Xerox Holdings Corp. (XRX) could be worthwhile investments now. Read on.

StockNews.com

From Xerox to TV box, long awaited adaptation of 'American Born Chinese' book hits Disney+

After 17 years, cartoonist Gene Luen Yang is seeing his American dream come true

The Independent UK

IKEA’s CEO says he climbed from assistant to the C-suite by not pursuing a ‘shimmering’ title

To go from assistant to CEO, “find the intersection of what you're good at and what really makes you happy,” Jesper Brodin says.

Fortune

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How does a laser printer work?

How does a laser printer work? Demystify the printing process to make your home office easy to use.

TopTenReviews

Michael Hiltzik: Big oil companies are already reneging on their global warming promises

If there's an enduring truism about corporate promises to do well by doing good, it's that believing them is a mug's game.

Los Angeles Times

Former Xerox boss heads up new document technology company in Belfast

The business said it will have a workforce of 11 by the end of this year

Birmingham Post

Best all in one printers for home use: Copy, scan and print while remote working

The ultimate home office companion

Evening Standard

Swindon printing company devastated by fire and flood reopens

Minuteman Press shut its premises in 2021 after large swathes of the business were destoyed

Birmingham Post

‘Frankly it blew my mind’: how Tron changed cinema – and predicted the future of tech

From cyberspace to AI, Steven Lisberger’s 1982 sci-fi classic was way ahead of its time. The team behind it explain how they made a game-changer

The Guardian - UK

Xerox CEO dies unexpectedly aged 59

The CEO helped the company move beyond analog equipment and into the digital age

The Independent UK

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Benzinga

Xerox Names COO Steve Bandrowczak As Interim CEO After John Visentin Dies Due To Ongoing Illness

Xerox Holdings Corp (NASDAQ:XRX) CEO John Visentin abruptly passed away on June 29 due to complications from an ongoing illness. Since joining Xerox in May 2018, John has been known for his "One Boat, One Team" call to action and mentality. COO Steve Bandrowczak will serve as interim CEO. Xerox registered a first-quarter FY22 sales…

Benzinga

Executives Buy Around $65M Of 3 Stocks

Although US stocks closed higher on Monday, there were a few notable insider trades.

Benzinga

Why Are Xerox Shares Plunging Today

Xerox Holdings Corp (NASDAQ:XRX) reported a first-quarter FY22 sales decline of 2.5% year-on-year to $1.67 billion, beating the consensus of $1.64 billion. Equipment sales declined 17.6%, while Post sale revenue improved 1.9%. Sales in the Americas declined 0.5% Y/Y, and EMEA fell 5.6%. Gross margin contracted 390 basis points Y/Y to 31.8%. The…

Benzinga

Lessons For Elon Musk: 5 Notorious Failed Hostile Takeovers

As any student of industry knows, Elon Musk is hardly the first person to attempt a hostile takeover.

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Los Angeles Times

Michael Hiltzik: Is this the beginning of Facebook's downfall?

If there's a single immutable law in human biology, it's that no one lives forever. The same goes for corporations.

Benzinga

Xerox Registers 7.9% Revenue Decline In Q4; Sees Top-Line Growth In FY22

Xerox Holdings Corp (NASDAQ:XRX) reported a fourth-quarter FY21 sales decline of 7.9% year-on-year, to $1.78 billion, missing the consensus of $1.82 billion. Adjusted EPS of $0.34 beat the consensus of $0.33. Equipment sales declined 24.7% Y/Y, while Post sale revenue decreased 1.9% Y/Y. Sales in the Americas declined 9.3% Y/Y, and EMEA decreased…

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