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Stock Market & Financial Investment News

News Breaks
November 13, 2012
07:02 EDTXRXXerox expands share repurchase authorization by $1B
Building on its share repurchase plan, the companyís board of directors approved a $1Bincrease to the current authorization. Xerox expects to allocate at least $400M in cash for share repurchase next year, adding to the $900M to $1.1B in stock buyback planned for this year.
News For XRX From The Last 14 Days
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March 19, 2015
12:06 EDTXRXMicrosoft, Fuji Xerox announce patent agreement
Fuji Xerox and Microsoft (MSFT) announced a broad patent cross-licensing agreement. Building on a 2007 cross-licensing pact, the agreement ensures that Microsoft and Fuji Xerox continue to benefit from access to each otherís patent portfolios and accelerate research and development, the companies said. Fuji Xerox is a 75-25 joint venture between FUJIFILM (FUJIY) and Xerox Corporation (XRX).

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