Investors send Xerox down 7.2% after it taps a line of bank credit
Article Abstract:
Xerox Corp. tapped into a line of bank credit after its commercial paper market borrowing was restricted. The company tapped into a credit line of $7 billion (8.19 billion euros).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Xerox to slash costs in turnaround effort
Article Abstract:
Xerox Corp. said it will reduce yearly costs by up to $1 billion (1.2 billion euros) by 2001. The company said it would downsize jobs and sell off assets.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Xerox to end stock dividends in fight to regain profitability
Article Abstract:
Xerox Corp. announced that it will terminate dividend payments on its shares. The company believes that the move will save up to $140 million (165.1 million euros) annually.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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