News: Xerox Corp (XRX)

XRX on New York Consolidated

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17 Apr 2014
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Fri, Jan 24 2014

Xerox revenue misses estimate as services growth stalls

- Xerox Corp , best known as a maker of printers and copiers, reported weaker-than-expected quarterly revenue as growth in its services business stalled.

UPDATE 2-Xerox revenue misses estimate as services growth stalls

* Sees first-quarter adjusted profit $0.23-0.25/share vs est $0.24/share

MARKET PULSE-Rice Energy, Xerox, Covidien, Kansas City Southern

(For more market insights, including options activity, click on ; for the Day Ahead newsletter http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s) U.S. stocks fell on Friday in the wake of a selloff in emerging market assets, as expectations grew that the Federal Reserve will trim its market-friendly stimulus measures further next week. The Dow Jones industrial average was down 0.51 percent at 16,114.13, the S&P 500 was down 0.66 percent at 1

MARKET PULSE-Xerox, BioDelivery, Syngenta, Stanley Black, P&G

(For more market insights, including options activity, click on ; for the Day Ahead newsletter http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s) U.S. stock index futures fell on Friday, putting the S&P 500 on track for a second week of declines, in the wake of a selloff in emerging market assets as expectations grew that the Federal Reserve will trim its stimulus measures further next week. Dow Jones industrial average futures were down 0.5

MARKET PULSE-Microsoft, Xerox, PTC Therapeutics, Qualcomm, P&G

(For more market insights, including options activity, click on ; for the Day Ahead newsletter http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s) U.S. stock index futures fell on Friday. Dow Jones industrial average futures were down 0.48 percent at 16,074, S&P 500 futures were down 0.47 percent at 1,815.6 and Nasdaq 100 futures were down 0.49 percent at 3,596.

MARKET PULSE-Microsoft, Xerox, Intuitive Surgical, Qualcomm, GM

(For more market insights, including options activity, click on ; for the Day Ahead newsletter http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s) U.S. stock index futures fell on Friday. Dow Jones industrial average futures were down 0.64 percent at 16,047, S&P 500 futures were down 0.69 percent at 1,811.7 and Nasdaq 100 futures were down 0.67 percent at 3,589.5.

Xerox revenue misses Street estimates

Jan 24 - Xerox Corp, best known as a maker of printers and copiers, reported weaker-than-expected quarterly revenue.

Fitch Affirms Xerox's IDR at 'BBB'; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, November 12 (Fitch) Fitch Ratings has affirmed the following ratings for Xerox Corp. (Xerox) and its wholly-owned subsidiary, Affiliated Computer Services, Inc. (ACS): Xerox --Long-term Issuer Default Rating (IDR) at 'BBB'; --Short-term IDR at 'F2'; --Revolving credit facility (RCF) at 'BBB'; --Senior unsecured debt at 'BBB'; --Commercial paper (CP) at 'F2'. ACS --IDR at 'BBB'; --Senior notes at 'BBB'. The Rating Outlook is

Xerox says outsourcing margins to stay low after contract loss

- Xerox Corp warned that operating margins in what is now its biggest business, outsourcing services, would remain low in the current quarter due to the loss earlier this year of a high-margin federal contract to handle student loans.

UPDATE 2-Xerox says outsourcing margins to stay low after contract loss

* Forecasts adj EPS $0.28-$0.30 vs est $0.33 from cont ops

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