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JPMorgan Cites Uncertainty In Xerox Downgrade
Monday, May 14, 2018 - 10:12am | 389Xerox Corp (NYSE: XRX) confirmed late Sunday it has terminated its planned merger with Fuji-Xerox, a move that prompted JPMorgan to downgrade the stock. The Analyst JPMorgan's Paul Coster downgraded Xerox from Overweight to Neutral with an unchanged $38 price target. The Thesis Xerox...
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Another Notch On Icahn's Activist Belt: Xerox CEO Out As Part Of Settlement
Wednesday, May 2, 2018 - 9:13am | 364Activist investor Carl Icahn notched a big win after Xerox Corp (NYSE: XRX) said its CEO and most of its board of directors will be stepping down. What Happened Icahn and Darwin Deason, two heavyweight investors and large Xerox shareholders, made it clear they strongly oppose Xerox's proposed...
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Icahn, Deason Say Xerox-Fujifilm Merger Makes Shareholders 'Virtually Powerless'
Monday, February 12, 2018 - 11:47am | 617Xerox Corp (NYSE: XRX)'s plans to merge with Japan's Fujifilm Holdings is being questioned by two of Xerox's biggest shareholders, Carl Icahn and Darwin Deason. What You Need To Know Icahn, Xerox's biggest shareholder, and Deason, the company's third biggest shareholder,...