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Notable Insider Buys In The Past Week: General Electric, Symantec And More
Monday, August 19, 2019 - 5:22pm | 708Insider buying can be an encouraging signal for potential investors. Insider purchasing was seen at companies favored by Carl Icahn and George Soros last week. The CEO of an industrial giant put his money where his mouth is as well. Conventional wisdom says that insiders and 10% owners really...
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Xerox's Conduent Spinoff Debuts
Tuesday, January 3, 2017 - 4:35pm | 576Conduent Inc (NYSE: CNDT), the spinoff unit of Xerox Corp (NYSE: XRX), announced its separation from the parent-company and trading debut earlier Tuesday. The plan to split into two companies, one focusing on document technology and another on business process outsourcing, was announced in...
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Xerox Shares Under Pressure As Co.'s Largest Individual Investor Has Sued To Block Split
Thursday, October 13, 2016 - 2:20pm | 282Xerox Corp (NYSE: XRX) shares came under pressure after the biggest individual shareholder, Darwin Deason, preferred a lawsuit blocking the company from splitting into two public traded firms. He is said to be holding about 6.1 percent stake in the company. Interestingly, other biggest...
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Xerox Christens Its BPO Firm As 'Conduent'
Thursday, June 16, 2016 - 11:38am | 326Xerox Corp. (NYSE: XRX) disclosed that the names of the new companies would be established after the completion of its separation into two publicly traded companies. Accordingly, its Business Process Outsourcing firm would be known as "Conduent, Inc." while the Document Technology...