Xerox's stock rallies after activist investors Icahn, Deason call for exploration of alternatives [MarketWatch]
Xerox Holdings Corporation (XRX)
Last xerox holdings corporation earnings: 4/28 06:30 am
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Source: MarketWatch
Xerox's stock rallies after activist investors Icahn, Deason call for exploration of alternatives Xerox Corp.'s stock XRX, +1.73% rallied 3.1% in morning trade Monday, after the Carl Icahn and Darwin Deason, two of the document and communication services company's three largest shareholders, called for the company to explore strategic alternatives and for the immediate removal of Chief Executive Jeff Jacobson. Icahn disclosed Monday that he owned 24.76 million shares of Xerox, or 9.7% of the shares outstanding, while Deason disclosed ownership of 15.32 million, or 6.0%, of Xerox shares. Regarding the report in The Wall Street Journal over the weekend that Xerox and Fujifilm are discussing a range of potential deals, Icahn and Deason implored the company to not allow Jacobson to lead the negotiations, saying in a joint statement that Jacobson is "neither qualified nor capable of successfully running this company, let alone negotiating a major strategic transaction that will do more
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News
- Xerox: Looking To Get Long Post An Encouraging Q1 Report [Seeking Alpha]Seeking Alpha
- Xerox (XRX) Gears Up for Q1 Earnings: What's in the Cards? [Yahoo! Finance]Yahoo! Finance
- Xerox Holdings Corporation (XRX) Stock Moves -0.12%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Xerox Holdings Co. (NYSE: XRX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Xerox Holdings Corporation (XRX) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
XRX
Earnings
- 1/25/24 - Miss
XRX
Analyst Actions
- 1/26/24 - JP Morgan
XRX
Sec Filings
- 4/11/24 - Form DEF
- 4/4/24 - Form ARS
- 3/25/24 - Form 8-K
- XRX's page on the SEC website