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Office Electronics

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  • NORWALK, Conn.— Xerox's quarterly profit dropped 20 percent and the company cut its earnings estimate for the full year amid sliding sales and a rising dollar. Before the market opened, Xerox Corp. reported first-quarter net income of $225 million, down from $281 million the year before. Xerox, which sells copiers and business services, blamed higher costs as well...

  • Xerox revenue dips as printer sales fall Friday, 24 Apr 2015 | 7:00 AM ET

    April 24- Xerox Corp, best known as a maker of printers and copiers, reported a 6 percent fall in quarterly revenue, hurt by lower printer sales and a stronger dollar. Net income attributable to Xerox fell to $225 million, or 19 cents per share, in the first quarter ended March 31, from $281 million, or 23 cents per share, a year earlier. Revenue fell to $4.47 billion from...

  • Feb 26- 3 D printer maker 3 D Systems Corp said it expected higher profits in 2015 as the company planned to "moderate its M&A activities" and focus on leveraging recently-acquired assets. 3 D Systems also forecast 2015 adjusted profit and revenue in line with analysts' estimates. 3 D Systems forecast adjusted profit of 90 cents- $1.10 per share and revenue of $850...

  • Feb 26- 3 D printer maker 3 D Systems Corp reported a lower-than-expected quarterly profit as the company invested heavily in research and development and acquisitions. 3 D Systems' operating expenses jumped about 38 percent in the fourth quarter as the company spent on increasing production capacity and enhancing its technology infrastructure.

  • Staples, Office Depot in advanced talks to merge - WSJ Tuesday, 3 Feb 2015 | 12:18 AM ET

    Feb 3- Office-supply chains Staples Inc and Office Depot Inc are in advanced talks to merge, the Wall Street Journal reported, citing people familiar with the matter. Staples has a market value of about $11 billion, while Office Depot has a market value of about $4.1 billion. Office Depot and Staples were not immediately available for comment outside regular U.S....

  • *Seiko Epson, Konica Minolta dive after earnings. TOKYO, Feb 2- Japanese share prices fell on Monday after economic data from the U.S. and China cast shadows on the global economic outlook, while shares in two printer manufacturers tumbled after their earnings disappointed investors. Printer maker Seiko Epson fell 10.6 percent and rival Konica Minolta dropped...

  • Xerox's profit beats Street on lower costs Friday, 30 Jan 2015 | 10:34 AM ET
    Xerox

    Xerox reported a slightly better-than-expected quarterly profit as expenses declined 4 percent.

  • Jan 30- Xerox Corp, which has been shifting its focus to IT services from making printers and copiers, cut its profit forecast for 2015 for the second time after reporting its sixth-consecutive drop in quarterly revenue. The forecast cut reflected a 5 cent per share impact from currency rate fluctuations, specifically the weakening of the euro, said Xerox, which...

  • Jan 30- Xerox Corp, best known for its printers and copiers, reported a slightly better-than-expected quarterly profit as expenses declined 4 percent. Restructuring and better productivity led to higher margins, Xerox said on Friday. Xerox said last month it was selling its information technology outsourcing arm to French IT services firm Atos SE for $1.05...

  • Xerox revenue falls as printer sales decline Friday, 30 Jan 2015 | 7:00 AM ET

    Jan 30- Xerox Corp, best known as a maker of printers and copiers, reported a 3.5 percent fall in quarterly revenue as printer sales declined. Net income attributable to Xerox fell to $156 million, or 13 cents per share, for the fourth quarter ended Dec. 31 from $306 million, or 24 cents per share, a year earlier. Revenue fell to $5.03 billion from $5.21 billion.

  • Weaker yen helps lift Canon profit despite poor sales Wednesday, 28 Jan 2015 | 12:06 PM ET
    An attendee tries the Canon Inc. EOS 7D Mark II digital single lens reflex (DSLR) camera during its unveiling in Tokyo, Japan.

    Canon reported a slight rise in profit thanks to a weak yen, even as its camera business struggled to attract photographers.

  • Weaker yen lifts Canon profit despite poor sales Wednesday, 28 Jan 2015 | 11:17 AM ET
    An attendee tries the Canon Inc. EOS 7D Mark II digital single lens reflex (DSLR) camera during its unveiling in Tokyo, Japan.

    Japan's Canon reported a slight rise in profit thanks to a weaker yen, even as its camera business struggled to attract photographers.

  • TOKYO, Jan 28- Japan's Canon Inc reported a slight increase in fourth-quarter profit, with a weaker yen and rising sales of office equipment countering difficulties faced by its camera division. Operating profit for the three months to Dec. 31 rose 5.4 percent year on year to 98.5 billion yen, the company said on Wednesday. That was slightly less than analysts'...

  • TOKYO, Jan 28- Japan's Canon Inc reported a slight rise in fourth-quarter profit thanks to a weaker yen and solid office equipment sales even as its camera business struggled to attract photographers increasingly using compact models made by rivals. Canon said on Wednesday its operating profit for October-December rose to 98.5 billion yen from 93.5 billion...

  • Dec 11- Activist investor Starboard Value wants to merge office-supply chains Staples Inc and Office Depot Inc, CNBC reported, citing people familiar with the matter. Starboard, known for its aggressive shareholder activism, disclosed a 5.1 percent stake in Staples and boosted its holdings in Office Depot to nearly 10 percent, regulatory filings showed on...

  • More headwinds ahead for Hewlett-Packard?   Tuesday, 25 Nov 2014 | 6:34 PM ET
    More headwinds ahead for Hewlett-Packard?

    Tim Bajarin, President at Creative Strategies, says the tech giant is is facing very strong competition in servers.

  • 'Vampire' Modems, Routers Waste $1 Billion a Year Sunday, 7 Jul 2013 | 3:00 PM ET

    Modems and routers are bigger energy hogs than laptops and cell phone chargers. On a national scale, it’s pretty staggering: $1 billion a year in electricity.

  • Next Up: The 'Industrial Internet' Monday, 26 Nov 2012 | 11:49 AM ET
    Playing With Big Data

    What’s the next economic revolution? According to General Electric Chief Economist Marco Annunziata, it’s the “industrial Internet” — intelligent machines such as jet engines, power turbines and medical devices.

  • The Triumph of Politics Monday, 22 Oct 2012 | 6:51 PM ET
    The Triumph of Politics

    In Europe, China and America, the major determinants of economic and market performance in the year ahead are political, not economic.

  • Vanquishing Software Viruses and Maybe Your Rivals Thursday, 18 Oct 2012 | 5:04 PM ET
    Vanquishing Software Viruses and Maybe Your Rivals

    The startup  Bromium is taking a completely new approach to  security software, using virtualization technology. But will it shake up the $60 billion market?