Icahn, Deason join forces to demand Xerox explore options [Reuters (UK)]
Xerox Holdings Corporation (XRX)
Last xerox holdings corporation earnings: 4/28 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
news.xerox.com/investors
Company Research
Source: Reuters
Icahn, Deason join forces to demand Xerox explore options | Reuters 3 Min Read (Reuters) - Hedge fund managers Carl Icahn and Darwin Deason joined forces on Monday to push Xerox Corp ( XRX.N ) to explore strategic options, oust its “old guard”, including its CEO, and negotiate better terms for its decades-long deal with Japan’s Fujifilm. Icahn and Deason – respectively the No.1 and No.3 Xerox shareholders with a combined stake of over 15 percent – plan to nominate four board members if their demands were not met, they said in a joint letter to Xerox shareholders. Xerox shares were up 2.5 percent in late afternoon trading on Monday. Declining demand for office printing has limited prospects of the 50-year-old JV, which is 75 percent owned by Fujifilm Holdings Corp ( 4901.T ) and sells photocopy products and services in the Asia-Pacific region. Chief Executive Jeff Jacobson is “incapable” of leading Xerox or negotiating a better deal with Fujifilm, while the company’s veteran direct
Show less
Read more
Impact Snapshot
Event Time:
XRX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
XRX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
XRX alerts
High impacting Xerox Holdings Corporation news events
Weekly update
A roundup of the hottest topics
XRX
News
- New Strong Buy Stocks for March 28th [Yahoo! Finance]Yahoo! Finance
- Best Value Stocks to Buy for March 28th [Yahoo! Finance]Yahoo! Finance
- Best Income Stocks to Buy for March 28th [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy Xerox (XRX) Stock? [Yahoo! Finance]Yahoo! Finance
- Xerox Holdings Corporation Announces Full Exercise of Over-Allotment Option for its 3.75% Convertible Senior Notes due 2029, and Completion of Series of Financing TransactionsBusiness Wire
XRX
Earnings
- 1/25/24 - Miss
XRX
Analyst Actions
- 1/26/24 - JP Morgan
XRX
Sec Filings
- 3/25/24 - Form 8-K
- 3/15/24 - Form 8-K
- 3/13/24 - Form 4
- XRX's page on the SEC website