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In 1961, the company changed its name to Xerox Corporation. [23] Xerox common stock (XRX) was listed on the New York Stock Exchange in 1961 [ 18 ] and on the Chicago Stock Exchange in 1990. In 1963, Xerox introduced the Xerox 813, the first desktop plain-paper copier, realizing Carlson's vision of a copier that could fit on anyone's office desk.
It described the company's "coined name" as "inspired by the company's expertise in managing transactional relationships between their clients and their constituents". [11] On January 3, 2017, Conduent formally came into existence following its separation from Xerox. [8] At the end of the first quarter of 2017, Carl Icahn owned 9.7% of the ...
The remaining 20% stake owned by the Rank Organization in Rank Xerox Limited was bought out by the parent Xerox Corporation for £940 million in 1997; [6] the company was renamed Xerox Limited soon after. The Rank Xerox name was discontinued following the buyout in favour of Xerox, and the Rank Xerox Research Centre was renamed to the Xerox ...
The company reported an adjusted operating income of $104 million, compared to $96 million last year, and the margin grew 100 basis points to 6.4%. Xerox held $576 million in cash and equivalents ...
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Xerox Holdings Corporation (XRX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Like Xerox became a generic name for a photocopier in some countries, Canon became a generic name for it in Mongolia. As Japanese company was the main exporter of photocopiers to this country, they are widely known as Mongolian: канон [71] Cashpoint: Automated teller machine, cash machine: Lloyds Bank
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