×
0 0 0 0 -0.0144927536231884 -0.0144927536231884 -0.0318840579710145 -0.0289855072463768
Stockreport

The Wall Street Journal: Xerox agrees to give Fujifilm majority control [MarketWatch]

XEROX (XRX)  More Company Research Source: MarketWatch
Last xerox earnings: 1/31 03:00 am Check Earnings Report
US:NYSE Investor Relations: news.xerox.com/investors
PDF Xerox agrees to give Fujifilm majority control TOKYO—The American icon Xerox is getting a new Japanese owner. Fujifilm Holdings Corp. 4901, -8.32% said Wednesday that it would take a majority stake in Xerox Corp. XRX, -0.49% , marking the end of independence for a stalwart of 20th-century American industry. The new entity, to be called Fuji Xerox, will be 50.1% owned by Fujifilm and will keep Xerox’s listing on the New York Stock Exchange, the companies said. Xerox’s chief executive, Jeff Jacobson, is set to be CEO of the new company. Also, a $2.5 billion cash dividend would be paid to current Xerox shareholders under the deal. The companies are fighting sluggish photocopier demand in a digital world, and investors’ initial reaction to the deal was unfavorable. Fujifilm shares tumbled 8.3% in Tokyo trading Wednesday before the announcement. The Wall Street Journal reported Wednesday morning Tokyo time that a deal was imminent . An expanded version of this report appears on WSJ. [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 (SHARES)
TICKS

AVG SHARES PER TRADE

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
Opt-in for
XRX alerts
from News Quantified