Sept 16- Shares of Hewlett-Packard Co rose as much as 5 percent on Wednesday as investors cheered plans for the company's soon-to-be separated but struggling PC and printer business to return more capital to shareholders than many had expected. HP Inc, which will house the PC and printer business when HP is split up on Nov. 1, is expected to generate free cash flow...» Read More
July 21- Printer maker Lexmark International Inc forecast third-quarter profit well below Wall Street's estimates and said it would cut about 500 jobs as it absorbs recently acquired businesses. Lexmark said the restructuring is expected to generate $2 million savings in 2015 and annualized savings of $65 million beginning in 2017..
July 21- Printer maker Lexmark International Inc said it would cut 500 jobs, or about 4 percent of its global workforce, as the company integrates its recently acquired businesses and tries to soften the impact of a strong dollar. Lexmark swung to a quarterly loss in the second quarter ended June 30, hurt by an 11 percent decline in revenue in its imaging solutions...
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.
Phone-based customer service could soon improve, thanks to this company, whose aim is to provide a better, faster call-center experience.
The virtual office has made communications among far-flung teams tough, but this business app lets people share data from any device.
April 28- 3 D printer maker Stratasys Ltd estimated revenue and profit below analysts' expectations for the first quarter, citing a strong dollar and decline in capital spending by its customers, particularly in North America. Stratasys said it now expects revenue of $800 million to $860 million. Stratasys estimated adjusted profit of 2- 4 cents per share for the...
April 28- Printer maker Lexmark International Inc reported a 3 percent decline in quarterly revenue, hurt by lower revenue from its imaging solutions and services business. Lexmark's imaging solutions and services business includes monochrome and color laser printers and supplies and services covering its printing products. Up to Monday's close, shares...
April 24- Xerox Corp, cut its 2015 profit forecast, blaming a strong dollar, and reported quarterly revenue below Wall Street's expectations, hurt mainly by lower printer sales and higher costs. Shares of Xerox, which got a third of its revenue from outside the United States last year, fell 4.5 percent in premarket trading on Friday. Xerox lowered its 2015 adjusted...
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...
Xerox reported a slightly better-than-expected quarterly profit as expenses declined 4 percent.
Canon reported a slight rise in profit thanks to a weak yen, even as its camera business struggled to attract photographers.
Japan's Canon reported a slight rise in profit thanks to a weaker yen, even as its camera business struggled to attract photographers.
Tim Bajarin, President at Creative Strategies, says the tech giant is is facing very strong competition in servers.
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.
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.
In Europe, China and America, the major determinants of economic and market performance in the year ahead are political, not economic.
The startup Bromium is taking a completely new approach to security software, using virtualization technology. But will it shake up the $60 billion market?
The video game industry is under attack, with both established and new players chasing a variety of disparate technologies and strategies that might yield a winning combination.
While there’s been an explosion of apps and websites bringing retail online, the latest wave of innovation is focused on bringing mobile technology into brick-and-mortar retailers.