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Articles in category: Finance
LEXINGTON, Ky., July 24, 2014 /PRNewswire/ -- Lexmark International, Inc. (NYSE: LXK) today announced that its Board of Directors declared a quarterly cash dividend of $0.36 per share of Lexmark Class A Common Stock. The dividend is payable on Sept. 12, 2014, to shareholders of record as of the close of business on Aug. 29, 2014.
Lexmark is uniquely focused on connecting unstructured printed and digital information across enterprises with the processes, applications and people that need it most. For more information, please visit www.lexmark.com.
Lexmark and Lexmark with diamond design are trademarks of Lexmark International ...(Read Full Article)
Xerox (NYSE: XRX) announced second-quarter 2014 adjusted earnings per share of 27 cents. Adjusted EPS excludes 5 cents related to amortization of intangibles, resulting in GAAP EPS from continuing operations of 22 cents.(Read Full Article)
Notice Regarding Establishment of Manufacturing Subsidiary in Malaysia for MFP Consumable Production
Konica Minolta, Inc. (the “Company”) is pleased to announce that it established “KONICA MINOLTA BUSINESS TECHNOLOGIES (MALAYSIA) SDN. BHD.” (BMMY) in Malaysia as 100%-owned subsidiary of Konica Minolta Business Solutions Asia Pte. Ltd. which is regional head offices in Southeast Asia of the Company.(Read Full Article)
Within the ISS division, managed print services (MPS) revenue grew by 14% year over year to $195 million, non-MPS revenue grew marginally by 2% to $569 million and inkjet revenue declined by 33% to $67 million. Additionally, Lexmark's Perceptive ...(Read Full Article)
Xerox's (NYSE: XRX) board of directors today declared a quarterly cash dividend of 6.25 cents per share on Xerox common stock. The dividend is payable on October 31, 2014 to shareholders of record on September 30, 2014.(Read Full Article)
Lexmark International, Inc. (NYSE: LXK) today announced financial results for the second quarter of 2014.
"In the second quarter, our higher value solutions portfolio revenue, comprised of Managed Print Services and Perceptive Software, grew 11 percent, accounted for nearly 30 percent of Lexmark's total revenue and is expected to exceed $1 billion this year," said Paul Rooke, Lexmark chairman and chief executive officer. "This growth is fueled by the disciplined execution of our capital allocation framework, which funds the company's transformation while concurrently rewarding our shareholders with both a 20 percent dividend increase and share repurchases, returning $41 ...(Read Full Article)
Will Lexmark International (LXK) Surprise this Earnings Season?
Factors This Past Quarter
Lexmark's first-quarter results were better than expected with both the top and bottom lines beating the Zacks Consensus Estimate. However, both revenues and earnings declined on a year-over-year basis. Lexmark witnessed strong revenue growth in its Managed Print Services (MPS) and Perceptive Software businesses. Nonetheless, decline in hardware revenues marred the top-line
Africa Printer Market (Laser, Inkjet and Dot-matrix): Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019
Transparency Market Research has announced the addition of the "Africa Printer Market (Laser, Inkjet and Dot-matrix): Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019" report to their offering. Browse the full report: http://www.transparencymarketresearch.com/printer-market.html . (PRWeb July 16, 2014) Read the full story at http://www.prweb.com/releases/2014/07/prweb12022032.htm(Read Full Article)
Lexmark International, Inc. (LXK) today announced that it has increased its cash tender offer price for all of the outstanding shares of Sweden-based ReadSoft (NASDAQ OMX: RSOF-B). This cash offer is Swedish Krona (SEK) 50.00, a 16 percent increase from Lexmark's prior offer of SEK 43.00, for each Class A and Class B share of ReadSoft for a price of approximately $224 million, net of cash ...(Read Full Article)
SEOUL, Korea – July 8, 2014 – Samsung Electronics Co., Ltd. today announced its earnings guidance for the second quarter of 2014.
- Consolidated sales: Approximately 52.0 trillion Korean won
- (Range: 51.0 – 53.0 trillion Korean won)
- Consolidated operating profit: Approximately 7.2 trillion Korean won
- (Range: 7.0 – 7.4 trillion Korean won)
LEXINGTON, Ky., July 8, 2014 /PRNewswire/ -- Lexmark International, Inc. (NYSE: LXK) plans to announce second quarter 2014 earnings on Tuesday, July 22, 2014. A conference call is scheduled for 8:30 a.m. EDT. The live audio broadcast can be accessed from Lexmark's investor relations website at http://investor.lexmark.com. A replay will be available on the investor relations website shortly after the call.(Read Full Article)
Lexmark International, Inc. (NYSE: LXK) presented a revised offer to the shareholders of ReadSoft (NASDAQ OMX: RSOF-B) of SEK 43.00 on June 19, 2014, representing a 133.7 percent premium compared to the closing share price of SEK 18.40 per class B share in ReadSoft on the last trading day before the announcement of the initial offer on May 6, 2014.(Read Full Article)
While print remains a notable cost on the balance sheet – figures ranging from 1-3 percent of total revenue spent on print are commonly quoted – the general momentum for print volumes is downward. That is driving suppliers – both hardware manufacturers and resellers – to focus on managed print services (MPS), which to some degree is making money out of a declining market (many MPS strategies revolve around helping a client reduce its spend on print).(Read Full Article)
Growth of MFP market and increase in demand for managed print services ( MPS ) and solutions are the key factors driving the growth of African printers market. Emergence of advanced technology printers such as high speed laser printers and color laser ...(Read Full Article)
- Lexmark International, Inc. (NYSE: LXK) today announced that it will increase its cash tender offer price for all of the outstanding shares of Sweden-based ReadSoft (NASDAQ OMX: RSOF-B). The revised cash offer is SEK 43.00, a 7.4 percent increase from Lexmark's original offer of SEK 40.05, for each Class A and Class B share of ReadSoft for a price of approximately $194 million, net of cash acquired.
ROCHESTER, N.Y., and DURHAM, N.C. – June 23, 2014 – Bell and Howell, LLC today announced that it has spun off BCC Software (BCC), a former business unit, as an independent, stand-alone company owned by Bell and Howell’s current shareholders. Versa Capital Management, LLC (Versa) now holds separate controlling majority interests in both Bell and Howell and BCC.
Christopher G. Lien, President of BCC, will continue to lead the company. Lien has spent more than 22 years in the data and mailing industries and has received national recognition for his contributions, most recently in his industry election as Industry ...(Read Full Article)
Tokyo (June 23, 2014) - Konica Minolta, Inc. (Konica Minolta) today announced that it has entered into an agreement with Ergo Asia Pty Limited (Ergo), a leading Asian marketing production management services provider, to acquire all shares. Ergo has its global headquarters in Sydney, Australia.
Under its Medium Term Business Plan “TRANSFORM 2016,” business expansion in the production print sector is one of Konica Minolta's major management policies.(Read Full Article)
LMI Solutions (LMI), an R2 certified manufacturer, distributor and recycler of award winning replacement toner cartridges, today announced the strategic acquisition of Global Printer Services, a manufacturer and distributor of premium quality remanufactured printers expanding its award winning portfolio of products and services for imaging dealers, distributors, IT VARS, and other managed print providers.(Read Full Article)
minded individuals for our Print Production Manager... finance. Keeps track of all expenditures, paper and print order invoices. Is responsible for working with... From AAA Auto Club Enterprises - 12 Jun 2014 11:06:42 GMT - View all Costa Mesa jobs(Read Full Article)
Xerox (XRX) has reentered the Victory Formation system's Top 10 buy ideas in the past few days. While only a small number of investors were interested in Xerox's business future and steady cash flows during 2012, the last 18 months have witnessed a strong rise in the stock price and investor curiosity. With a stock quote climbing from the dead in 2012 (and absurdly low fundamental valuations), more and more smart investors are realizing Xerox's stable and growing cash flows per share, in fact, are worth owning.(Read Full Article)
Autotask, a leading professional services automation software vendor, was acquired by private equity firm Vista Equity Partners, for an undisclosed price, making it the latest shakeup in the managed services segment.(Read Full Article)
DocuWare announces double-digit growth in 2013. The greatest boost was seen in the US market, with an increase of 38%. Worldwide, 1026 new companies chose DocuWare.
Revenue of 21.4 million euros represented growth of 24.6% for the DocuWare Group. The company reported 12.3% growth or 14.1% without the addition of Westbrook and when taking into account currency fluctuations.