Xerox Holdings Reaffirms FY24 Revenues Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Tuesday, workplace technology company Xerox Holdings Corp. (XRX) said it continues to expect revenues for the full-year 2024 to be decline 3 to 5 percent in constant currency and adjusted operating margin of at least 7.5 percent.
On average, four analysts polled by Thomson Reuters expect a revenue decline of 4.3 percent to $6.59 billion for the year.
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Xerox Holdings Expects FY23 Revenues To Decline In Constant Currency - Update
While reporting financial results for the third quarter on Tuesday, workplace technology company Xerox Holdings Corp. (XRX) said it expects revenues for the full-year 2023 to be flat to down low-single-digits in constant currency.
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192 days ago
Xerox Holdings Confirms Steven Bandrowczak As CEO
Xerox Holdings Corp. (XRX) announced Wednesday that its Board of Directors has appointed Steven Bandrowczak as Chief Executive Officer.
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639 days ago
TSX Ends On Firm Note
The Canadian market ended on a firm note on Friday on easing concerns about the outlook for Fed interest rates after data showed a slowdown in U.S. employment growth.
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Swiss Market Ends On Firm Note
The Switzerland market ended on a firm note on Friday, after staying positive right through the day's session thanks to some encouraging earnings updates, and easing worries about the outlook for interest rates.
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15h 5min ago
U.S. Dollar Lower As Soft Jobs Data Lifts Rate Cut Hopes
The U.S. dollar fell against its major counterparts in the New York session on Friday, as weaker-than-expected jobs data for April boosted hopes of a rate cut by the Federal Reserve in September.
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15h 18min ago
European Stocks Close Higher As Investors React To Earnings, Economic Data
European stocks closed higher on Friday, reacting to corporate earnings updates, regional economic data, and U.S. non-farm payroll data for the month of April.
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15h 22min ago
Canadian Market Firmly Up In Positive Territory
The Canadian market is modestly higher in late morning trades on Friday, lifted by gains in healthcare, real estate, communications and utilities sectors.
Strong results from iPhone maker Apple Inc., and slightly easing concerns about the outlook for interest rates after the latest batch of economic data from the U.S. help underpin sentiment.
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16h 10min ago
U.S. Service Sector Activity Contracts For First Time Since December 2022
After growing for fifteen consecutive months, U.S. service sector activity unexpectedly contracted in the month of April, according to a report released by the Institute for Supply Management on Friday. The ISM said its services PMI dipped to 49.4 in April from 51.4 in March, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 52.0.
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17h 29min ago
