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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.
In this series, we use some carefully chosen metrics to size up a stock's true value based on the following clues: The current price multiples. How Cheap Is Xerox's Stock by the Numbers? Skip to ...
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Xerox stock is cheap When you stack up Xerox stock against two of its rivals in. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
In 1994, they signed what was at the time the largest information technology contract with Xerox for $3.2 billion (~$5.97 billion in 2023) and also bought the New Zealand banking processing company Databank Systems. In 1995 they purchased A.T. Kearney, the world's 4th largest private management consulting firm.
Xerox and its subsidiaries offer workplace technology that integrates hardware, services, and software for enterprises in the Americas, and internationally. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
Xerox generates a moderately low return on equity -- 11% over the past year, 9% on average over the past five years -- while employing a moderate 70% debt-to-equity ratio. 3. Management
When Thoman was announced as President and COO of Xerox, which positioned him as the eventual successor to Paul Allaire, this news caused the company shares to rise $2 (2.9%) to $71.75, after earlier touching a record $73.25 on the New York Stock Exchange. Thoman, who assumed his duties on June 30, 1997, was the first outsider in the long ...