Tagged With "Monday"

(Bloomberg) -- Xerox Holdings Corp. believes its proposed HP Inc. takeover would create as much as $1.5 billion in potential revenue growth, according a presentation to HP’s shareholders made public Monday. The printer maker outlined its case for a tie-up between the companies, arguing the combined firm will be worth about $31 a share to HP investors on a pro-forma basis. The merged entity will generate more than $4 billion in free cash flow in the first year before taking any synergies into...

Toshiba Corp. said Monday it has suspended operations at a plant in Oita, southern Japan, that produces semiconductors used in cars and industrial machinery, after a strong earthquake hit the region over the weekend. Toshiba said in a statement that some equipment was damaged and that the company was still analyzing the impact on production. The plant produces LSI system chips, about 60% of which are sold to automakers and industrial machinery, a spokesperson for Toshiba Electronics and...