Welcome to our dedicated page for Xerox Holdings Corporation news (Ticker: $XRX), a resource for investors and traders seeking the latest updates and insights on Xerox Holdings Corporation stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Xerox Holdings Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Xerox Holdings Corporation's position in the market.
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Xerox Holdings Corporation announced the pricing of $350 million convertible senior notes due 2030 in a private placement to fund various corporate purposes. The offering size was increased by $50 million post-announcement.
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Rhea-AI Sentiment
End-of-Day
0.54%
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Xerox Holdings Corporation announces the pricing of $500 million Senior Notes offering to refinance existing debt and pay related expenses. The offering size was increased by $100 million, with expected closing on March 20, 2024.
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End-of-Day
0.54%
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Rhea-AI Summary
Xerox Holdings Corporation (XRX) plans to offer $300 million in convertible senior notes to qualified institutional buyers. The net proceeds will be used for capped call transactions and to refinance existing senior notes. The Notes will mature on March 15, 2030, and will be convertible into cash, stock, or a combination. The Company expects to enter capped call transactions to reduce potential dilution to common stock.
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Rhea-AI Sentiment
End-of-Day
-11.28%
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Xerox Holdings Corporation (XRX) has increased the maximum principal amount for repurchasing its 5.000% Senior Notes due 2025 from $94 million to $362 million under its cash tender offer. The terms for the 2024 Notes Tender Offer remain unchanged. Citigroup Global Markets Inc. is the dealer manager for the Tender Offers.
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Rhea-AI Sentiment
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-11.28%
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Xerox Holdings Corporation (NASDAQ: XRX) has been recognized by Keypoint Intelligence for its Intelligent Document Processing and workflow automation solutions for the sixth consecutive year.
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-1.42%
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Xerox Holdings Corporation (XRX) announces offering of up to $400 million in Senior Notes due 2029 to refinance existing debt. The Notes will be guaranteed by Xerox Corporation and its subsidiaries. The company plans to use the proceeds for debt refinancing and related expenses.
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Rhea-AI Sentiment
End-of-Day
-1.19%
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Xerox Holdings Corporation initiates tender offers to purchase debt securities issued by Xerox Corporation, along with new Senior Notes due 2029. The offers include 3.800% senior notes due 2024 and 5.000% senior notes due 2025, with specific terms and conditions. The Tender Offers will expire on April 1, 2024, with various payment dates based on tender dates. The Offer to Purchase provides detailed information for interested investors.
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Rhea-AI Sentiment
End-of-Day
-1.19%
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Xerox Holdings Corporation (XRX) announced a quarterly dividend of $0.25 per share on Xerox Holdings Corporation Common Stock and $20.00 per share on the outstanding Xerox Holdings Series A Convertible Perpetual Preferred Stock.
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Rhea-AI Sentiment
End-of-Day
0.59%
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Xerox Holdings Corporation (NASDAQ: XRX) announced new solutions and services designed to accelerate digital transformation, productivity, and security in the hybrid workplace. The updates include a total refresh of A4 printers and MFPs, an intelligent scanning app leveraging AI, and a platform to transform paper and digital documents. The company has also made key enhancements to Xerox® Managed Print Services (MPS), including cloud-native printer fleet maintenance and supplies management, automated driver deployment, and fleet security management updates.
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Rhea-AI Sentiment
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0.43%
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Xerox Holdings Corporation (NASDAQ: XRX) announced its 2023 fourth-quarter and full-year results and guidance for 2024. The company achieved adjusted operating margin and free cash flow guidance in 2023 and is guiding to another year of meaningful growth in adjusted operating income. The Q4 2023 revenue was $1.77 billion, down 9.1 percent year-over-year. GAAP net loss was $(58) million, or $(0.50) per share. Adjusted net income was $56 million, or $0.43 per share. FY 2023 revenue was $6.89 billion, down 3.1 percent year-over-year. Adjusted net income was $287 million, or $1.82 per share. Xerox expects a decline of 3% to 5% in constant currency revenue for 2024 with an adjusted operating margin of at least 7.5% and free cash flow of at least $600 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.4%
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Xerox Holdings Corporation
Nasdaq:XRX
XRX Rankings
XRX Stock Data
1.66B
115.06M
7.25%
88.62%
10.83%
Computer Terminal and Other Computer Peripheral Equipment Manufacturing
Manufacturing
United States of America
NORWALK
About XRX
xerox is helping change the way the world works. by applying our expertise in imaging, business process, analytics, automation and user-centric insights, we engineer the flow of work to provide greater productivity, efficiency and personalization. we conduct business in 180 countries, and our more than 130,000 employees create meaningful innovations and provide business process services,printing equipment, software and solutions that make a real difference for our clients – and their customers.