TonerNews.Com(21-12-12)

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President Obama Taps Xerox Ceo Ursula Burns For U.S. Commerce Secretary Position 

White House talking with Xerox's Burns about cabinet position?
White House officials have approached Xerox Corp. CEO Ursula Burns and American Express Co. CEO Kenneth Chenault about joining President Barack Obama’s second-term administration, according to two people familiar with the matter.
Chenault is being considered for Treasury secretary, while White House officials have also considered Burns as a potential nominee for the Commerce Department job, both of the people said....More

Samsung To Pay Kodak $37M Over Printer Supply Contract  

Law360, New York -- A New York bankruptcy judge approved a deal Wednesday ending certain terms of Eastman Kodak Co.'s inkjet printer supply agreement with Samsung Electronics Co. Ltd., with Samsung agreeing to pay the debtor $36.9 million in subsidies and reimbursement....More

Xerox Pays Up $69M. Over Shareholder Lawsuit And Does Not Admit to Any Wrongdoing 

Xerox has agreed to write a $69 million cheque to make lawyers from several of its shareholders go away.
The lawsuits were over the company's acquisition of Dallas-based Affiliated Computer Services last year During the $6 billion acquisition there were some additional, exclusive payments to ACS founder Darwin Deason totaling hundreds of millions of dollars...Read More 

Europe:Lexmark Supplies Price Increase (See The Whole Part # List )  

Maastricht, The Netherlands We would like to inform you that as of December 12, 2012, Lexmark has increased its ink supplies prices between 4%to 7%.
We would like to inform you that as of December 12, 2012, Lexmark has increased its ink supplies prices between 4%to 7%....Check out the Details

Fall in Printer Sales is More Bad News for HP 

Sales of printers, long one of Hewlett-Packard’s main revenue sources, are shrinking - more bad news for the tech giant.
By Steve Johnson
San Jose Mercury News
As if Hewlett-Packard didn’t have enough problems with its lagging personal-computer business and its admission it paid billions of dollars too much for software firm Autonomy, sales of printers — long one of the Palo Alto, Calif., tech giant’s main revenue sources — are shriveling....More

InkCycle Announces A Bigger, Better Way To Sell Your Empties 

LENEXA, Kansas, September 27, 2011 — InkCycle has announced their latest “Tool For Traction” known as ReCore: The Recovery Company. ReCore encourages InkCycle’s dealers to return their recyclable cartridges directly to the remanufacturer and get paid top dollar for them...Details