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Lexmark to Cut 1,700 Jobs, 550 In Lexington

LEXINGTON, Ky.  Lexmark is cutting 1,700 jobs and says it will stop making inkjet printers as part of a drive to cut costs.

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Lexmark Spokesperson: "Technology Has Evolved"

LEXINGTON, Ky. - Lexmark’s exit from the inkjet hardware market boosted its shares by 14 percent Tuesday, but the cost-cutting measure will leave 350 Lexington employees without jobs and about 200...

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Lexmark Fourth Quarter Sales Down Amid Restructuring

LEXINGTON, Ky. -Lexmark is touting better-than-expected revenue numbers for the fourth quarter, but earnings continue to suffer.

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Lexmark First Quarter Better Than Expected Despite Losses

LEXINGTON, Ky. - Lexmark International has posted declines in revenue and profit for the first quarter, but the losses were not as bad as forecasters expected.

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Lexmark Looks To Capitalize On Health Reform-Driven Boom In Medical Data

Lexmark International shares finished the third-quarter up slightly from last year, going from 94 cents per share to 95 cents. 

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Lexmark To Axe 500 Jobs

Lexmark shares tumbled 23 percent Tuesday on news that quarterly earnings are down from the same period last year. And the company’s ongoing restructuring will mean another 500 pink slips for employees.

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Lexmark Tight-Lipped On "Strategic Alternatives"

Lexington-based printing and enterprise software company Lexmark International is exploring what it calls “strategic alternatives” to increase value for shareholders. Some media outlets are speculating...

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