Printing’s Not Dead: The $35 Billion Fight Over Ink Cartridges

Posted on May 6, 2020May 6, 2020 by admin

The HP 63 Tri-color ink cartridge retails for $28.99 at Staples. Stuffed with foam sponges drenched in a fraction of an ounce of cyan, magenta, and yellow dyes, this bestseller, model No. F6U61AN#140, can spray 36,000 drops per second in the Envy printers made by HP Inc. The 63 Tri-color cartridge may not look like much, but that ink, which needs a refill every 165 pages, is ridiculously valuable. HP’s printer supplies business garnered $12.9 billion Read more about Printing’s Not Dead: The $35 Billion Fight Over Ink Cartridges[…]

Xerox investor Carl Icahn pushes for HP merger

Posted on November 15, 2019October 2, 2024 by admin

Both HP Inc. (ticker: HPQ) and Xerox (XRX) shares are trading higher Thursday after the Wall Street Journal reported late yesterday that activist investor Carl Icahn is leading the push to merge the two companies. Icahn had previously disclosed a 10.6% stake in Xerox; he told the Journal that he also holds a 4.24% stake in HP, a fact that had not been previously disclosed. Icahn thinks a combination of the two printer companies would generate substantial profits for investors. Last Read more about Xerox investor Carl Icahn pushes for HP merger[…]