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.» Read More
Jan 28- Xerox Corp will split into two companies and give billionaire activist investor Carl Icahn three board seats on one of the companies, the Wall Street journal reported. Xerox will split into one company containing its hardware operations and another housing its services business, the Journal reported, citing sources. The WSJ said Icahn would get the...
Nov 24- HP Inc, which houses former Hewlett-Packard Co's legacy printer and PC business, cut its full-year adjusted profit forecast, hurt by weak PC and printer sales. HP Inc said it now expected an adjusted profit of $1.59- $1.69 per share for 2016, compared with its previous forecast $1.67- $1.77 per share. The results are the last for Hewlett-Packard, the tech...
Nov 23- Activist investor Carl Icahn disclosed a stake in Xerox Corp, and called the printer and copier maker's shares "undervalued", sending its shares up 7.6 percent in extended trade. Icahn, who recently took stakes in American International Group and Freeport-McMoran Inc, said he would look at getting representation on Xerox's board, as well as pursuing...
Nov 23- Activist investor Carl Icahn has taken a 7.13 percent stake in Xerox Corp, making him the second largest shareholder of the printer and copier maker. Xerox said in October it would review its businesses and capital allocation options, but was not currently considering a sale. Vanguard Group Inc, with an 8.37 percent stake, is currently Xerox's largest...
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.
Oct 26- Xerox Corp, best known as a maker of printers and copiers, reported quarterly revenue below analysts' average estimate and said it would undertake a "comprehensive review of structural options." Xerox's shares were up nearly 1 percent at $10.43 in premarket trading on Monday. Xerox and its rival printer makers Lexmark International Inc and...
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...
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.
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?