Tag: Conduent
Xerox falls short in first quarter
It's the Norwalk company's first earnings report since spinning off its business process services division as Conduent Inc.
Xerox spinoff Conduent finished last year $2 billion in debt
Its fourth quarter and full-year 2016 financial results reflect its last period as part of Xerox Corp.
Xerox earmarks $100 million for M&A activity this year
Its Global Imaging Systems business unit will continue to acquire independent, multi-branded resellers and turn them into “mono-branded” resellers.
Xerox Q4 and YTD revenues down year-over-year
Norwalk-based company also shed 2,400 jobs in 2016.
Xerox completes spinoff of Conduent
As part of the spinoff, Xerox received a cash transfer from Conduent of $1.8 billion to help retire approximately $2 billion in debt.
Malloy swings deal to keep Xerox in Norwalk
As part of the project, Xerox may add between 20 to 40 new jobs over the next four years.
Incoming Xerox CEO: Expect more job cuts
The company is hoping to ultimately reduce costs by about $1.5 billion a year.
Xerox paying $2.4 million to settle issues with student loan business
The firm “regularly undermined the opportunity for students to access appropriate repayment plans,” said the Massachusetts Attorney General.
Xerox posts revenue decline, settles suit with shareholder
For the period ending Sept. 30, total revenue was down 3 percent — the Norwalk company's seventh consecutive quarter of decline.
Wikileaks: Outgoing Xerox CEO was considered as Clinton running mate
Others reportedly considered for the slot included Bill Gates, Bernie Sanders and Elizabeth Warren.
Xerox sued by shareholder to stop business split
The plaintiff argues that the split would leave him invested in an “unattractive, low-growth” document technology business.
Xerox introduces Conduent’s brand identity
"Conduent" is designed to reflect the company's management of transactions between its clients and customers in a number of areas.
Xerox exec shake-up: CTO to retire, CFO named at Conduent spinoff
Sophie V. Vandebroek has been with the Norwalk-based company for 25 years, the last 10 as CTO.
Xerox posts better than expected second-quarter profit
Second-quarter total revenue of $4.4 billion was down 4 percent year-over-year.
Xerox ends talks with printing firm RR Donnelley
Xerox and Donnelley both remain on track to split themselves up in the future.
