printers Archives - CFO

Xerox Bows to Virus, Drops HP Takeover Fight

Xerox Bows to Virus, Drops HP Takeover Fight

The market values of both companies have declined since the coronavirus pandemic intensified.

By Matthew Heller | April 1, 2020

HP to Shed up to 9,000 Jobs in Restructuring

HP to Shed up to 9,000 Jobs in Restructuring

The company is regrouping as it faces a decline in the printing business that was once its biggest moneymaker.

By Matthew Heller | October 4, 2019

HP to Acquire Samsung Printer Unit for $1B

HP to Acquire Samsung Printer Unit for $1B

With the deal, HP is hoping to boost its profile in multifunction printers for businesses amid shrinking consumer demand.

By Matthew Heller | September 12, 2016

Chinese Group to Acquire Lexmark for $3.6B

Chinese Group to Acquire Lexmark for $3.6B

The printer company had been exploring strategic alternatives as it struggled with the digitalization of the workplace.

By Katie Kuehner-Hebert | April 21, 2016

HP Sales Down on Weak Printer, PC Revenue

HP Sales Down on Weak Printer, PC Revenue

The company plans to lay off 3,000 workers this year, producing $300 million in savings by 2017.

By Katie Kuehner-Hebert | February 25, 2016

Lexmark Cuts Jobs, Explores Alternatives

Lexmark Cuts Jobs, Explores Alternatives

Some positions are being moved to low-cost countries and Lexmark expects to generate about $67 million in savings in 2016 and more in subsequent years.

By Matthew Heller | February 23, 2016

HP Earnings Signal Challenges Ahead of Breakup

HP Earnings Signal Challenges Ahead of Breakup

PC revenues fell 13% and printer revenue was down 9% in the second quarter.

By Matthew Heller | August 21, 2015

The CFO’s Role in Business Transformation

The CFO’s Role in Business Transformation

The CFO of Ricoh Americas analyzes the business transformation of the company as it changes its identity from a hardware supplier to a services provider.

By Gary Crowe | August 11, 2015