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Financials

Xerox CEO sets direction to drive improved performance

July 26, 2018

The OEM plans to repurchase up to $500 million (€ 427 million) of shares in 2018, reports on Q2 2018 results and establishes business priorities. Xerox’s Vice Chairman and CEO John Visentin today outlined his business imperatives to transform the company with an emphasis on commercialising innovation, optimising operations to better serve customers and partners, […]

HP’s UK profits fall

July 19, 2018

The OEM’s British arm saw a rise in sales, but less positive news elsewhere. Sales for the year until October 31st 2017 reached £1.4 billion ($1.81 billion/€2.01 billion), a year-on-year rise of 13.7 percent, reports The Register. However, the cost of those sales, largely due to rising prices of components, increased by 17.8 percent. Administration […]

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