Business Management - Finance/Financial

Holders of approximately 99.7% of common shares present and voting at Xerox’s annual meeting, representing approximately 77% of the company’s total outstanding common shares, voted in favor of the proposal. Xerox is targeting the third quarter of 2019 for the closing of the holding company reorganization.

After a long history of steady climbs followed by dramatic plunges, structural changes in the industry and the market have empowered paper companies to put the brakes on the pricing thrill ride for publishers. Welcome to the new normal for magazine and book paper prices.

Consumer price index (CPI)-based price increases were not enough to offset revenue lost from declining volumes.

On April 10, the Association of College and University Printers honored the winners of its ACUP Awards competition in a ceremony in New Haven, Conn. The gala event capped the association's three-day educational conference, which drew more than 100 higher-ed in-plant managers.

After 105 years at its current site in downtown Washington, the agency is evaluating a 100-acre parcel in Prince George’s County, Md.

Steven Kaczorowski admitted to helping the mail service provider owner defraud the USPS out of more than $1.5 million in postage.

Taking the collaboration with Masterwork, which dates back to 2014, to the next level is also designed to open up further potential in the growing package printing segment, especially in China — the world’s largest individual market.

When we posted our ranking of in-plants according to sales per employee earlier in the year, we only used data on the largest in-plants. But after soliciting sales and employee data from small and mid-size in-plants, we have now updated that ranking.

The fact that the print industry’s legislative priorities are relatively low-key doesn’t make them any less urgent to pursue.

At a recent press briefing, Xeikon highlighted an in-plant success story by bringing in representatives from Carlson Laboratories, a producer of nutritional supplements, which brought label printing in-house when it installed a Xeikon 5000plus duplex system.