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Xerox CEO sets direction to drive improved performance

Xerox CEO sets direction to drive improved performance

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...
HP’s UK profits fall

HP’s UK profits fall

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,...
HP’s UK profits fall

Ricoh issues financial report revision

The OEM has published an amendment to its latest round of financial results for the FY ending March 31st 2018. Having previously reported that its Finance business had Operating Expenses of ¥123.2 billion ($1.11 billion/€949.6 million), a change of 10.4 percent...
More friendly figures for Canon

More friendly figures for Canon

Canon India has released its latest financial data, with a brighter picture than predicted. Whilst analyst estimates for the OEM had suggested a revenue of $8.04 billion (€6.85 billion), the actual figure for the quarter was $8.69 billion (€7.40 billion), reports the...
HP announces Lesjak successor, financials

HP announces Lesjak successor, financials

The OEM has announced that Steve Fieler will become the company’s new CFO, and has also revealed a healthy picture in its Q2 financial results for the current year. Steve Fieler has been named as HP Inc.’s new Chief Financial Officer, replacing Cathie Lesjak, who has...