Last €9.66 EUR
Change Today -0.023 / -0.24%
Volume 500.0
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xerox corp (XER) Snapshot

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07/21/14 - €9.81
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10/25/13 - €6.88
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xerox corp (XER) Details

Xerox Corporation provides business process and document management solutions worldwide. The company’s Services segment offers various business process outsourcing services, including administrative and care management solutions to state Medicaid programs and federally-funded government healthcare programs; healthcare payer and pharmaceutical services; healthcare provider solutions for hospitals, doctors, and other care providers; human resources services; finance, accounting, and procurement services; customer care services; technology-based transactional services for retail, travel, and non-healthcare insurance companies; and communication and marketing services, as well as government and transportation services. It also provides information technology outsourcing services comprising managed IT services consisting of administration, database administration, systems monitoring, batch processing, data backup, network and infrastructure management, and capacity planning; end-user computing services to manage platforms and devices; and IT solutions covering cloud, utility computing, desktop virtualization, and other solutions. In addition, this segment offers document outsourcing services, such as managed and centralized print services. The company’s Document Technology segment provides desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises, as well as toners, inks, and Xerox replacement cartridges. Its Other segment sells paper, wide-format systems, network integration solutions, and electronic presentation systems. The company sells its products and services through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

141,400 Employees
Last Reported Date: 05/1/14
Founded in 1906

xerox corp (XER) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $766.7K
Executive Vice President and President of Cor...
Total Annual Compensation: $714.0K
Corporate Executive Vice President
Total Annual Compensation: $716.6K
Vice President of Finance and Corporate Contr...
Total Annual Compensation: $363.0K
Compensation as of Fiscal Year 2013.

xerox corp (XER) Key Developments

Xerox Appoints John Kennedy as Chief Marketing Officer and Vice President, Effective July 28, 2014

Xerox announced the appointment of John Kennedy as chief marketing officer and vice president of the corporation, effective July 28, 2014. Kennedy joins Xerox from IBM, where he was vice president, global business services, responsible for marketing and demand generation for the company's business services division.

Xerox Declares Quarterly Cash Dividend on Common and Preferred Stock, Payable on October 31, 2014 and October 1, 2014 Respectively

Xerox's board of directors 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. The company's board also declared a quarterly cash dividend of $20 per share on Xerox Series A Convertible Perpetual Preferred Stock. The dividend is payable on October 1, 2014 to shareholders of record on September 15, 2014.

Xerox Promotes Jeff Jacobson to President of its Technology Business

Jeff Jacobson has been named president of Xerox Corp.'s Technology business. Jacobson succeeds Armando Zagalo de Lima, who is retiring after 31 years at Xerox. Jacobson started at Xerox in 2012 after five years as CEO of Presstek Inc.


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