For sale? Xerox may be taken out of its misery [USA TODAY]
Xerox Holdings Corporation (XRX)
Last xerox holdings corporation earnings: 4/28 06:30 am
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Source: USA TODAY
CLOSE World stocks and U.S. bond markets on Monday shrugged off a government shutdown in Washington, although the dollar pulled back as the euro continued its strong start to the year. Newslook A undated handout image provided by Xerox showing the company logo and building at Xerox Square, Rochester, NY, USA. (Photo: XEROX / HO, EPA) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Xerox Corp. (NYSE: XRX) has been in deep trouble for years. It did not make the train traveling toward the digital storage and sharing of documents and corporate data. According to rumors in The Wall Street Journal and other media, two large shareholders have begun to pressure the Xerox board to sell the company, which may be the only way Xerox has a viable future. According to the reports, Carl Icahn and Darwin Deason own just over 15% of Xerox shares, which may not be enough to force the board’s hand. Yet, they will use the leverage they apparently h
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XRX
News
- Xerox Holdings Co. (NYSE: XRX) had its price target lowered by analysts at JPMorgan Chase & Co. from $18.00 to $17.00. They now have an "underweight" rating on the stock.MarketBeat
- After Plunging -16.47% in 4 Weeks, Here's Why the Trend Might Reverse for Xerox (XRX) [Yahoo! Finance]Yahoo! Finance
- Xerox Holdings Corporation (NASDAQ:XRX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Xerox Holdings First Quarter 2024 Earnings: US$0.94 loss per share (vs US$0.43 profit in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Xerox Holdings Co. (NYSE: XRX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
XRX
Earnings
- 4/23/24 - Miss
XRX
Sec Filings
- 4/23/24 - Form 8-K
- 4/11/24 - Form DEF
- 4/4/24 - Form ARS
- XRX's page on the SEC website