Moody’s slashes Xerox’s ratings to junk grade

Art PostAdmin VIP

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12/17/1810:24 PM

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Art PostAdmin VIP

Today came a message from John Visentin to Xerox employees. In that message he stated that "we do not agree with thier actions", referring to S&P & Moody's downgrading Xerox below investment grade. There was no mention of "junk" .

Xerox will disclose it's strategic, financial and operational plans on February 5th 2019 with it's Investor Day.

As of today there was still no public mention of the lay-offs from last week.

12/18/1810:16 PM

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