Headline Rollup for May 30, 2017
Toshiba Tec Corporation has unveiled the world’s first hybrid multi-function peripheral (MFP) printer, the e-Studio5008LP series.
Xerox Corp. has named Robert Keegan as non-executive chairman, replacing Ursula Burns, who retired from the board of directors on Tuesday. Separately, shareholders approved a reverse stock split, effective in June.
Konica Minolta has a long and successful legacy in the world of printing and copying, and now it has taken that experience to the next level with the high-end AccurioJet KM-1 UV Inkjet Press aimed squarely at the world of commercial print and major in-plant printers – a space that has traditionally been populated with toner-based digital production printers and offset presses.
HP Inc. executives sounded the most optimistic since the separation from HP Enterprise in 2015, thanks in part to renewed growth in its printing business and its continued gains in the PC business, even as it raised prices due to rising memory costs.
When Hewlett Packard split its PC and printing business from its enterprise unit, it was widely assumed that Hewlett Packard Enterprise would outshine HP Inc. But better design and a knack for finding new profit pools in a tough personal systems market has put the spotlight on HP.
Xerox CEO to Shareholders: Strategic Transformation, Growth Strategy Build Value for Customers, Investors
At its annual meeting of shareholders today, Jeff Jacobson, CEO of Xerox Corporation (NYSE: XRX), discussed the company’s financial performance in 2016, and outlined the company’s strategy to enhance value for Xerox shareholders.
Western Digital Corp may join a consortium of Japanese government money and KKR & Co LP to bid for Toshiba Corp’s chip unit, backing away from an earlier demand for an immediate majority stake, two sources familiar with the matter said.