WXXI AM News

Xerox

Xerox made it official early Friday morning. It will split into two publicly-traded companies,  one for Document Technology, the other for Business Process Outsourcing. It expects to accomplish that by the end of the year.

The company says Document Technology will continue to be a leader in document management and document outsourcing, and it says that Business Process Outsourcing, as an independent company, will have the focus and flexibility needed to continue to adapt to the changing needs of its clients.

WATCH: Michelle & Matt talk Xerox and Kodak

Nov 10, 2014

Michelle Faust, filling in for Beth Adams, chats with D&C Business Reporter Matt Daneman about news on Xerox and Kodak.

In the first part of the hour, members of the Xerox Research Center tell us what innovations in transportation they are working on. 

Then, how can one organization reposition the arts? We talk with Stephen Butler from Engage CNY about how they are accomplishing this feat.

Xerox Corporation

A look back at the birth of xerography and the impact the invention has made on the business world over the past 75 years.

Remembering One of the First Xerox Installations

Oct 22, 2013
City Blue Imaging Services

A letter written by Chester Carlson in 1950 recalls one of the first Xerox machine installations in Rochester.

City Blue Imaging Services can proudly say they were one of the first homes for Chester Carlson's creation. The letter (see below) describes one of the first Xerox copiers being put to use at the company, then known as City Blue Print Company. Carlson's letter also described the possibility of Haloid purchasing advertising in Time magazine, and the current share price for the company.

NPR Profiles Xerox CEO Ursula Burns

May 23, 2012

NPR’s Morning Edition profiled Xerox CEO Ursula Burns on WXXI-AM 1370 Wednesday morning.

Burns talked with NPR's Renee Montagne about her journey from young engineer to CEO and her efforts to transform Xerox from a manufacturing icon into a thriving international services provider.

Click here to listen to the full interview and read some of the highlights of the conversation.

Xerox Corporation posted slightly lower earnings in the first quarter compared to a year ago.

The company made $269 million, or 19 cents a share

But CEO Ursula Burns told investors earnings were in line with expectations, and reflect Xerox's investment in its growing services business.

Burns says its services business now accounts for over half of the company's revenue.

Total revenue was up 1% to $5.5 billion.

Burns says Xerox expects earnings to grow to 25 to 28 cents a share in the second quarter.

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