News: Xerox Corp (XRX)

XRX on New York Consolidated

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29 May 2015
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Fri, Apr 24 2015

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* Indexes ends up: Dow 0.12 pct, S&P 0.23 pct, Nasdaq 0.71 pct (Updates to close)

Xerox cuts 2015 profit forecast due to strong dollar

- Xerox Corp cut its full-year profit forecast, blaming a strong dollar, and the company reported lower-than-expected quarterly revenue as its printer sales fell and costs rose.

UPDATE 3- Xerox cuts 2015 profit forecast due to strong dollar

* Cuts adj. profit forecast to 95 cents-$1.01/shr from $1-$1.06

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Xerox revenue dips as printer sales fall

April 24 - Xerox Corp, best known as a maker of printers and copiers, reported a 6 percent fall in quarterly revenue, hurt by lower printer sales and a stronger dollar.

Xerox cuts profit forecast again as revenue slide continues

- Xerox Corp , which has been shifting its focus to IT services from making printers and copiers, cut its profit forecast for 2015 for the second time after reporting its sixth-consecutive drop in quarterly revenue.

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