by stefanie | Aug 1, 2025 | City News
Tariffs, losses and Lexmark deal shape Xerox’s turbulent second quarter landscape. Xerox reported a second-quarter adjusted loss of $0.64 (€0.59) per share as revenues declined slightly to $1.58 billion (€1.45 billion), weighed down by weaker demand in its core print...
by stefanie | Aug 1, 2025 | City News
Japanese group posts turnaround as cost cuts and share sales boost bottom line. Konica Minolta delivered a marked turnaround in its first-quarter earnings, posting an operating profit of ¥10.1 billion ($70 million/ €65 million), reversing a ¥1.8 billion ($12.5...
by stefanie | Jul 31, 2025 | City News
Kyocera reported a modest rise in quarterly profit despite a drop in revenue, as cost-cutting and asset sales helped offset weaker demand and the impact of a stronger yen. Net profit attributable to shareholders rose 0.9% to ¥37.1 billion ($239 million/ €219 million)...
by stefanie | Jul 25, 2025 | City News
Japanese group trims outlook as yen strengthens and US tariffs bite into profits. Canon has lowered its full-year earnings forecast, citing the strengthening yen and mounting pressure from US tariffs, despite continued momentum in its imaging and medical divisions....
by stefanie | Jul 15, 2025 | City News
Outlook hit by Lexmark sale, but key printer division shows sharp growth. Ninestar has forecast a steep first-half net loss of RMB2 billion– 4 billion ($275 million–550 million/ €255 million– 510 million), citing the impact of its recent sale of Lexmark International....
