Wednesday, July 16, 2008

Xerox and HP Stock News, etc.

Some interesting moves with each company's stocks...

"Hewlett Packard Co (HPQ) more shares bought by Exxonmobil Investment Management Inc." Here

HP Green


HP has been recognized as a certified IT Asset Disposal vendor by IDC, a leading provider of global IT research and advice. From this announcement:

"...Older assets with residual value are typically remarketed, while obsolete or damaged equipment is channeled into HP's recycling process. HP recycled nearly 250 million pounds of hardware and print cartridges globally in its fiscal year 2007 - an increase of approximately 50 percent over the previous year. HP also reused 65 million pounds of hardware, refurbishing it for resale or donation, which increased its annual reuse rate by 30 percent.

Started in 1987, the HP Planet Partners recycling program now operates in more than 50 countries, regions and territories. The program seeks to reduce the environmental impact of IT products, minimize waste going to landfills, and help customers conveniently and responsibly manage products at their end of life..."

"Xerox Corp (XRX) holdings reduced by Exxonmobil Investment Management Inc" Here


Speaking of Xerox

From a recent article from ENN,

"
Xerox has signed on as a founding member of the Information Overload Research Group (IORG), which will focus on boosting workplace productivity by fighting information overload. Xerox joins Microsoft, Intel and IBM, which are also members of the group. IORG's mission is to build awareness of information overload, conduct research, help define best practices, contribute to the creation of solutions and resources, offer guidance and facilitation and help make the business case for fighting information overload."

Good to see somebody is fighting information overload...except, aren't these people pretty much responsible for all the information overload in the first place?

From Guam:

Auditor: Copier contract may be illegal
.
School system says it's an ongoing contract, doesn't need bid-

"...In February, Island Business Systems and Supplies filed a procurement appeal against GPSS with the public auditor. The business estimated GPSS purchases $130,000 of Xerox-brand copier equipment per month..."

Is it me, or does 130k/month sound like alot?

Of course, the appeal comes 3 years into an agreement. This sounds and looks like sour grapes on the part of the losing vendor.
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