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ROCHESTER, N.Y. — Xerox is reducing its workforce as part of its merger with the company Lexmark, a Xerox spokesperson confirmed. Xerox acquired Lexmark, a Kentucky-based imaging and laser printing ...
This article first appeared on GuruFocus. Xerox a former tech star has come into hard times as its main print equipment business has been in a decade long secular decline. While the print equipment ...
Steve Bandrowczak, Xerox’s chief executive officer since 2022, grew up on Long Island and returned recently as something of a role model. He received an honorary doctorate from Long Island University ...
Xerox Holdings Corp. (NASDAQ:XRX) shares tumbled sharply on Thursday after the company reported a wider-than-expected loss for the fiscal second quarter of 2025 and significantly lowered its full-year ...
The US company's acquisition marks a pivotal moment for Lexmark's hub in Cebu, the company's largest research and development hub in Asia which employs around 1,800 workers MANILA, Philippines – US ...
The big picture: Xerox has closed its deal to acquire Lexmark in what would have been a landmark acquisition just a couple of decades ago. Instead, the $1.5 billion buyout has largely flown under the ...
Xerox Holdings Corporation completed its acquisition of Lexmark International, Inc. from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre. The transaction, valued at $1.5 ...
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Xerox Holdings recently saw insider stock purchases for the first time in a number of years. Three top executives, including the CEO, and the chairman bought a total of about $365,000 worth of shares ...
Xerox announced a reduction in its dividend today. It's the second dividend cut since December 2024. The reason cited was "increased flexibility" ahead of Xerox's upcoming acquisition of Lexmark. The ...