Schools have been binge printing content for students and schools without Chromebooks, so some print sectors might see a small jump nearterm. Not that this will cover all the other declines, or help for another quarter or two.
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I think that they are more concerned with the company going bankrupt at this point....
I wouldn’t imagine much printing happening with all offices closed.
Whatever revenue comes back will surely be a fraction of what it was once global recession hits home.
You can bet that the banks have withdrawn funding for this
If I read between the lines in that ‘pause’ - the funding agreed to in dec is in jeopardy with the coronacrash banks are not going to give up all that cash now.
HPQ implemented a "poison-pill" plan that would preclude him from doing so.... See below
"On Feb. 20, the PC and printer maker adopted a shareholder rights plan to fend off Xerox's (NYSE:XRX) hostile takeover bid. The "poison pill" plan would allow HP's current investors to buy additional shares at a discount if a single stakeholder accumulates over 20% of the company's existing shares.
That condition, which will last for a full year, would dilute Xerox's stake and make it difficult to hit the 80% threshold required for its tender offer to be approved. HP calls the plan a defensive move against Xerox's "coercive tactics to gain control without paying all shareholders an appropriate premium."