HP’s board was lukewarm to Xerox’s offer and raised several concerns. Now Xerox has given HP a deadline before pursuing a hostile bid.
Effective December 29, UPS Ground, UPS Air and International services rates will increase by an average of 4.9%. If you ship using two- or three-day, long-zone express, or ship to remote areas, your increase will likely be even larger.
According to the AF&PA report, total printing-writing paper shipments decreased 10% in October compared to October 2018. U.S. purchases of total printing-writing papers decreased 13% in October compared to the same month last year.
In this final quarter of 2019, the printing ink industry has continued to face raw material shortages, challenging supply chain conditions, and new disruptions.
Activist investor Carl Icahn — who already owns a 10.6% controlling stake in Xerox — has acquired a 4.24% ($1.2B) stake in HP Inc.
The U.S. Senate Rules and Administration Committee has voted to report the GPO Director nomination of Hugh Halpern out of committee to the full Senate for consideration.
The net loss for the year was $8.8 billion, an increase in net loss of $4.9 billion compared to 2018. Approximately $3.4 billion of this increase in net loss was the non-cash impact of discount rate changes on actuarial calculations affecting workers' compensation expense.