After falling profit and sales, Xerox announces plan to split into two independent public companies.» Read More
NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq stock market:. Xerox Corp., up 52 cents to $9.75. Honeywell International Inc., up $5.23 to $103.20.
NEW YORK— Xerox is separating into two independent publicly traded companies. Xerox announced in October that it planned to conduct a review of its operations in the hopes of boosting shareholder value. Xerox and Icahn reached a deal on the governance of the business process outsourcing company.
Ursula Burns, Xerox chairman and CEO, talks about whether Xerox is open to other buyers, and shares her thoughts on Japan's move to zero rates and the outlook on the U.S. economy.
Ursula Burns, Xerox Chairman and CEO, discusses how a strong US. dollar impacts the cost of Xerox products.
Ursula Burns, Xerox chairman and CEO, discusses the decision to separate the business into two publicly traded companies where Carl Icahn will get three seats on the board. Carl Icahn did not drive the decision, says Burns.
Xerox reported its 15th consecutive quarter of declining sales on Friday and announced plans to split the company into two businesses. Xerox said Friday that it will spin off the services operation it acquired when it bought Affiliated Computer Services Inc. for nearly $6 billion in 2010.. Xerox reported better-than-expected earnings for the quarter that...
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Xerox shares whipsawed in extended trading Thursday after The Wall Street Journal reported the technology company would split into two companies.
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Xerox shares turned lower a day after activist investor Carl Icahn disclosed a new 7.1 percent stake in what he called an "undervalued" company.