Q3 Revenues down 6.5% at Xerox

Q3 Revenues down 6.5% at Xerox

Announcing their Q3 results Xerox said it would raise 2019 guidance for earnings per share (EPS) and cash flow. In Q3, Xerox posted a $2.2 billion (€1.98 billion) of revenue, a decrease of 6.5 percent in actual currency, or 5.3 percent in constant currency,...
Xerox Canada names new President

Xerox Canada names new President

Martin Bachant has been named as new President of Xerox Canada Ltd. Xerox Corporation announced the appointment of Martin Bachant as President of Xerox Canada Ltd. He will report to Mike Feldman, President of Americas Operations for Xerox. “Martin has a track record...
Xerox shareholder class action deal rejected

Xerox shareholder class action deal rejected

In 2018 as the Fuji-Xerox deal went bad for the board of directors, after settlements were made and a reorganisation was started and four new board members were appointed, the proposed settlement for the shareholders in their class action lawsuit, has been rejected....
Xerox wins BAE contract

Xerox wins BAE contract

Global defense, aerospace and security company BAE Systems has selected Xerox’s Intelligent Workplace Services to secure and transform its print infrastructure while creating a more efficient work environment. Throughout the five-and-a-half-year agreement, Xerox will...
NC invests $12 million in 600 new Xerox jobs

NC invests $12 million in 600 new Xerox jobs

North Carolina’s (NC) Governor Roy Cooper announced that 600 new jobs will be created as Xerox selects Wake County for a new Centre of Excellence and Xerox is in line to receive $12 million (€10.74 million) in state support. Xerox will build a new Centre of Excellence...