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Net profit of American Xerox increased 1.85 times in 2018 and amounted to $361 million, according to the company's financial statements. Earnings per share rose to 1.38 dollars from 0.7 dollars in 2017. Xerox reduced revenue for the earnings period by 4.2% to $9.83 billion. In the last quarter of 2018, the company's profit was $137 million against a loss of $190 million for the earnings period last year. Earnings per share reached $0.56 against a loss of $0.78 a year earlier. In the fourth quarter of 2018, Xerox revenues fell by 7.8% to $2.533 billion. The company plans to increase earnings to $3.7-3.8 per share in 2019. Xerox Corp. was founded in 1906 in Rochester (New York, USA) and became the first company to produce its own copy machines.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
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