WASHINGTON, Dec 2- The U.S. Supreme Court on Friday agreed to hear an appeal by printer cartridge reseller Impression Products Inc of a lower court ruling finding it liable for infringing patent rights of Lexmark International Inc when it imported Lexmark's toner products back to the United States after they were sold abroad. At issue is whether foreign sales...
WASHINGTON, Dec 2- The U.S. Supreme Court on Friday agreed to hear an appeal by printer cartridge reseller Impression Products Inc of a lower court ruling finding it liable for infringing patent rights of Lexmark International Inc when it imported Lexmark's toner products back to the United States after they were sold abroad. If upheld by the justices, the...
HP Inc said it expects an adjusted profit 35- 38 cents per share for the first quarter. Analysts on average were expecting 38 cents per share, according to Thomson Reuters I/B/E/S. HP Inc's net earnings plunged to $492 million, or 28 cents per share, in the quarter ended Oct. 31, from $1.32 billion, or 73 cents per share.
Darwin Deason had sued Xerox earlier this month in a U.S. District Court in Dallas over the company's plan to divide its legacy copier and printer business from its business process outsourcing unit, which would become a new company called Conduent Inc.. The Conduent business includes the operations of Dallas- based Affiliated Computer Services Inc, the...
Oct 28- Xerox Corp's quarterly revenue fell nearly 3 percent, the seventh straight quarter of decline, as sales of its printers and copiers continued to fall. However, Xerox reported net income attributable to the company of $181 million, or 17 cents per share, in the third quarter ended Sept. 30, compared with a net loss of $34 million, or 4 cents per share, a year earlier.
CNBC's Jon Fortt speaks with HP Inc. President and CEO Dion Weisler about his company's deal to acquire Samsung's printing business for $1.05 billion.
The acquisition is expected to add to HP's earnings in its full year after closing, the company said on Monday, adding that Samsung will invest $100 million to $300 million in HP through open market purchases once the deal is through.
*Samsung Group has been divesting from non-core businesses. Samsung Electronics and the broader Samsung Group have been divesting from or exiting non-core businesses as part of a broader restructuring process for South Korea's top family-run conglomerate under the stewardship of de facto leader Jay Y. Lee. Samsung Electronics in 2014 decided to end its LED...
SEOUL, Sept 9- South Korean tech giant Samsung Electronics is considering selling its printer business to HP Inc, in a deal which could fetch about 2 trillion won, Seoul Economic Daily reported on Friday. HP's office in Seoul could not be reached immediately for comment. Under the watch of Samsung Electronics Vice Chairman Jay Y. Lee, Samsung Group has exited...
HP Inc. reported higher-than-expected quarterly revenue and profit as demand recovered for its notebooks.
Investors should appreciate that while HP's outlook is tough, it's gaining market share in the PC space, says Moor Insights & Strategy's Patrick Moorhead.
The printer industry is in decline as businesses push for more green initiatives to go paperless, says Global Equities Research's Trip Chowdhry.
The office workplace messaging app debuts new message buttons linked to tasks in third-party applications
But sales fell 3 percent in the quarter, hurt by a strong U.S. dollar and the closure of several stores.
CNBC's Diana Olick reports on Cubii, a company getting employees moving while working.
Tim Cook talks iPad Pro and hints at Apple's foray into the health sphere, reports The Telegraph.
Discussing Google's plan to make workplace communication easier, beating Microsoft, and the problem with legacy contracts, with Amit Singh, Google for Work President.
Antonio Neri, senior vice president and general manager at HP Enterprise Group, discusses the announcement that HP will formally divide into two publicly-traded companies by November 1.
Companies – even new ones – appear to be skipping out on capex, but that spending may just not get counted because your kid is playing with it, UBS said.
The virtual office has made communications among far-flung teams tough, but this business app lets people share data from any device.