Call Buying Activity Continues in Xerox Corp. (XRX) Targeting Upside in Shares Through April -Susquehanna

Xerox Corp. (XRX) Tops Q4 EPS by 22c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus

Xerox Corp. (NYSE: XRX) reported Q4 EPS of $1.33, $0.22 better than the analyst estimate of $1.11. Revenue for the quarter came in at $2.44 billion versus the consensus estimate of $2.41 billion.

We are delivering on our three-year plan. We grew earnings per share, increased cash flow and expanded adjusted operating margin for the full year,... More

Morgan Stanley Resumes Xerox (XRX) at Equalweight

Morgan Stanley analyst Katy Huberty resumes coverage on Xerox (NYSE: XRX) with a Equalweight rating and a price target of $34.00.

For an analyst ratings summary and ratings history on Xerox click here. For more ratings news on Xerox click here.

Shares of Xerox closed at $35.52 yesterday.

HP Inc. (HPQ) Issues Statement on Xerox (XRX) Director Nominations

HP Inc. (NYSE: HPQ) today confirmed that Xerox Holdings Corporation has announced its intent to nominate 11 candidates to stand for election to the Companys Board of Directors at the HPs 2020 Annual Meeting of Stockholders (the 2020 Annual Meeting). Xerox has previously submitted an unsolicited proposal to acquire HP, that the HP Board unanimously rejected.

HP issued the following statement:

We believe these nominations are a self-serving tactic by Xerox to advance... More

Xerox (XRX) Confirms it will Nominate Full Slate of Directors for Election at HP's (HPQ) 2020 Annual Meeting

Xerox Holdings Corporation (NYSE: XRX) (Xerox) announced today it has provided notice to HP Inc. (NYSE: HPQ) (HP) that it intends to nominate 11 independent candidates to replace HPs Board of Directors at HPs 2020 Annual Meeting of Stockholders.

The slate to be nominated includes former senior executives from dozens of the worlds leading companies, including Aetna, United Airlines, Hilton Hotels, Novartis, Verizon and more. The candidates were chosen because of their expertise overseeing and executing significant company transformations and combinations, with demonstrated track records of creating value for... More