First Quarter 2018 Highlights
Strong start to operating cash flow, at $216 million in the quarter
Continued revenue growth in managed document services and Global Imaging Systems operations
Adjusted operating margin of 10.4 percent, down 0.6 points year-over-year; operating margin, excluding equity income, up 0.5 points
Core operating profit, excluding equity income, grew 5 percent year-over-year
more detail at: https://www.news.xerox.com/internal_redirect/cms.ipressroom.com.s3.amazonaws.com/84/files/20184/New-Release-May-2-2018-Xerox-Reports-First-Quarter-2018-Results.pdf
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Macmillan has pushed back the official reopening of its New York City offices for its trade group from January 11 to July 6. Similar to many New York City publishers, Macmillan’s workforce has largely been working remotely since March following the spread of the coronavirus throughout the metropolitan region. In making the announcement, Macmillan said that it has created a voluntary program that “allows limited access to the office space for employees to work and/or access their work space.” Macmillan first started the program in August at the suggestion of employees, and, the publisher said, “the program has evolved to include access to mailing options and other office services for use by employees both onsite and working remotely.”
Bass Pro Shops and Cabela’s Incorporated announced they have successfully completed the transaction in which Bass Pro Shops acquired Cabela’s for $61.50 per share in cash, representing an aggregate transaction value of approximately $5.0 billion. As a result of the completion of this transaction, Cabela’s common stock will no longer be listed for trading on the New York Stock Exchange. The completion of this transaction formally brings together three of the nation's premier sporting brands: Bass Pro Shops, a leader in fishing; Cabela’s, a leader in hunting; and White River Marine Group, a leader in boating, which is part of Bass Pro Shops. The combined company will now offer expanded product line and geographic footprint, creating enhanced benefits for outdoor enthusiasts. Click Read More below for more of the story.