- Barrons.com•23 days ago
Wells Fargo Securities Canon’s and Xerox’s fourth-quarter results suggest demand for printing products remains soft with some stabilization in supplies business and strength in the U.S. Based on Canon’s (CAJ) and Xerox’s (XRX) results, we remain comfortable with our estimates for HP’s (HPQ) printing business for the fiscal first quarter (a 6.4% year-over-year decline in hardware and a 5% decline in supplies). Canon noted its laser printer unit sales improved in the fourth quarter driven by color models after declining year-over-year for the first three quarters of 2016.
- Reuters•25 days ago
Japanese camera and printer maker Canon Inc forecast full-year operating profit to climb 11.4 percent, its first rise in three years, bolstered by earnings from a medical equipment unit it bought from Toshiba Corp last year. The $5.8 billion acquisition of the unit, which makes X-ray scanners and eye examination machines, is part of Canon's strategy to diversify as demand for its cameras, printers and copier machines wanes amid the spread of smartphones and paperless media. The company forecast operating profit to rise to 255 billion yen ($2.3 billion) this year from 228.9 billion in the previous twelve months - in line with an average analyst estimate of 254 billion yen from 19 analysts surveyed by Thomson Reuters I/B/E/S.
- Bloomberg•last month
Toshiba Corp. is planning to split the sale of a stake in its chip unit among several investors, including Canon Inc. and private equity funds, a person familiar with the matter said.
CAJN.MX : Summary for CANON INC. - Yahoo Finance
CANON INC. (CAJN.MX)
Mexico - Mexico Delayed Price. Currency in MXN
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|Bid||0.00 x 100|
|Ask||531.75 x 120000|
|Day's Range||524.61 - 524.61|
|52 Week Range||524.61 - 524.61|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|