HP appoints VP

HP has appointed Neal Woods as senior VP of worldwide operations for the company's Imaging and Printing Group (IPG), effective 22 January, states Finanznachrichten.de.

Woods will be based in San Diego and have responsibility for driving IPG's global manufacturing, supply chain operations, worldwide planning and quality functions.

He also will lead HP's worldwide Consumer Support, Global Logistics, Environmental and Strategic Supply organisations.

Electronics for Imaging forecast fourth-quarter results below analysts' expectations, citing weak demand for its high margin Fiery digital colour print servers, says Reuters.

Higher than anticipated operating expenses of about $72 million also impacted profitability, the digital printing company said.

For the fourth quarter, the company expects earnings of 22c to 24c a share, before items and revenue of about $152 million. Including items, it sees earnings of 10c to 12c a share.

Lexmark International has introduced the Lexmark X560n, a colour laser multifunction product (MFP), giving business customers access to high-quality, professional colour printing in a user friendly, all-in-one device, reports FOX News.

"The X560n is also Energy Star certified, making it a product for environmentally conscious customers seeking to make greener purchases," said Marty Canning, Lexmark VP and president of its Printing Solutions and Services Division.

The Lexmark X560n prints at speeds up to 31ppm in black and 20ppm in colour.