by stefanie | Dec 23, 2024 | World Focus
Transaction between printing industry icons is expected to close in second half of 2025. Xerox Holdings Corporation announced it has agreed to acquire Lexmark International, Inc., from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre in a...
by stefanie | Nov 27, 2024 | City News
Revenue rises but future uncertainty clouds HP’s fiscal 2024 performance. HP Inc. reported a mixed set of fiscal 2024 results, with revenue growth providing a glimmer of optimism even as weaker guidance for the coming quarter dampened investor confidence. The company...
by stefanie | Nov 11, 2024 | City News
Ricoh’s growth defied challenges but profit took a serious hit as high restructuring costs eroded gains. Ricoh reported an 8.1% increase in overall sales for the half-year ended 30 September, reaching ¥1,202.5 billion ($8.04 billion/ €7.57 billion). However, profits...
by stefanie | Nov 8, 2024 | City News
Despite revenue gains, operating and comprehensive profits Brother struggles against rising costs and currency impact. The Japanese electronics firm reported a 6.9% rise in revenue, achieving ¥427.2 billion ($2.85 billion/ €2.70 billion), for the first half of its...
by stefanie | Nov 8, 2024 | City News
Increased business transfer income drives Toshiba Tec’s net profit growth in first half. Toshiba Tec Corporation recorded a marked increase in profit for the first half of FY2024, with net earnings leaping to ¥26.6 billion ($176 million/ €163 million), compared to...
