Business Management - Finance/Financial

Printing Impressions' annual compilation of the 400 largest printing companies, as ranked by annual sales volume, serves as a microcosm of the key trends and market dynamics that are impacting the graphic arts industry.

The suit alleges that Icahn knew Xerox was contemplating an unsolicited $33.5 billion stock-and-cash offer to acquire HP at a premium.

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.

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.

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.

Fujifilm and Xerox have settled their differences and reached a definitive agreement regarding the Fuji Xerox joint venture.

We are wrapping up our search for the country's largest in-plants, but you still have until Monday morning to participate. If your in-plant has at least $1 million in annual revenue and 15 or more full-time employees, you may qualify for this year's list.

Printing industry giant Quad reported a third quarter net loss; cut its quarterly dividend in half; lowered its full-year guidance; announced an additional $50 million cost reduction initiative; and revealed plans to sell its U.S. book manufacturing platform, which generates $200 million in annual book printing sales.

Heidelberg released second quarter plans with a better order situation to compensate for its weak first quarter. The company intends to focus on the demand for contract and subscription offerings, and introduce measures to increase liquidity and safeguard profitability in the 2019/2020 financial year.

It may not amount to a recession, says SGIA Chief Economist Andy Paparozzi, but printers should expect economic growth to slow and take steps now to prepare for it.