All Posts Tagged With: "XRX"
(LXK) Lexmark International Wins 5-Year Managed Printing Services Deal
The leading printing and imaging solutions provider, Lexmark International Inc. (LXK) won a 5-year contract from Anehuser-Busch, a wholly-owned subsidiary of renowned brewer Anheuser-Busch InBev (BUD). Financial terms of the deal were not disclosed. Per the contract terms, Lexmark...
3Feb2012 | vitalstocks | 0 comments | Continued(XRX) Xerox Buys The Breakaway Group
Xerox Corp. (XRX) recently announced that one of its fully owned subsidiaries, Affiliated Computer Services (ACS), has acquired The Breakaway Group with the sole intent of expanding its electronic medical records business. The terms of the deal along with its financial terms...
1Dec2011 | vitalstocks | 0 comments | Continued(ADS) Company News for October 26, 2011 – Corporate Summary
• Amazon.com Inc. (NASDAQ:AMZN) posted earnings per share of $0.14, significantly below the Zacks Consensus Estimate of $0.24 per share • Xerox Corp. (NYSE:XRX) reported third quarter earnings per share of $0.26, better than the Zacks Consensus Estimate of $0.25 • ...
26Oct2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for October 26, 2011 – Market News
The benchmarks’ three-day rally hit a roadblock as the lack of conviction among investors about European leaders finding a solution to the region’s debt crisis on Wednesday’s summit and disappointing domestic corporate earnings weighed down the markets. Markets reversed...
26Oct2011 | vitalstocks | 0 comments | Continued(XRX) Xerox Wins U.S Defense Contract
Xerox Corporation (XRX) recently bagged a five-year contract worth $103 million from the U.S Department of Defense. As per the contract, the company will offer improved technology to the U.S Department of Defense in a bid to reduce costs. The Department of Defense has been an...
6Oct2011 | vitalstocks | 0 comments | Continued(XRX) Xerox Exceeds Estimates in Second Quarter Earnings Report
Xerox Corporation (XRX) reported a net income of $319 million or 22 cents per share in the second quarter of 2011 compared with $227 million or 16 cents per share in the year-ago quarter. Reported earnings in the quarter included charges of $54 million or 4 cents per share related...
4Aug2011 | vitalstocks | 0 comments | Continued(AAPL) 2011 Second Quarter Earnings Preview – Detailed
Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&P 500. By next Friday we should have a very good handle on how the overall...
18Jul2011 | vitalstocks | 0 comments | Continued(EK) Fujifilm Holdings Corporation-Mitsubishi Corporation Enter Contract
Fujifilm Holdings Corporation (FUJIY.PK) and Mitsubishi Corporation (MSBHY.PK) entered into a partnership in the contract manufacturing business of biopharmaceuticals. Under this venture, Fujifilm agreed to transfer the ownership of 20% equity interests, in its pharma subsidiaries...
22Jun2011 | vitalstocks | 0 comments | Continued(XRX) Xerox and Cisco Systems Form Partnership
Xerox Corp. (XRX) and Cisco Systems Inc. (CSCO) have recently entered into a partnership that will enable the latter to use and offer the former’s cloud computing and print products and services on its network equipment. This will enable Cisco to offer more services to its...
9May2011 | vitalstocks | 0 comments | Continued(XRX) Xerox Stays at Neutral
We reiterate our Neutral recommendation on Xerox Corporation (XRX), which is a leader in the development, manufacture, marketing, servicing and financing of document equipment across the world. Headquartered in Norwalk, Connecticut, Xerox has its presence in more than 160 countries. The...
7May2011 | vitalstocks | 0 comments | Continued(NOVL) Novell to be Acquired by Attachmate
Acquisition Details Enterprise software developer, Novell Inc. (NOVL) announced that it will be acquired by Attachmate Corporation, a software company supported by private equity firms such as Golden Gate Capital, Francisco Partners and Thoma Bravo. Novell expects the deal to...
20Dec2010 | vitalstocks | 0 comments | Continued(XRX) Xerox Reports Profit that More than Doubles
Xerox Corporation (XRX) reported a profit that more than doubled to $314 million in the third quarter of the year from $150 million in the same quarter a year ago. On earnings per share basis, the company has beaten the Zacks Consensus Estimate by a penny with a profit of 22...
17Nov2010 | vitalstocks | 0 comments | Continued(XRX) Xerox Share Price is Ready to Double
by Alexander Moschina, Investment U Research Tuesday, September 28, 2010 Sometimes, it’s an earnings surprise that sends shares soaring. Other times, it’s the successful launch of a new product, or a new CEO takes the reins. But many times, the driving force behind a stock...
3Oct2010 | InvestmentU | 0 comments | Continued(NOVL) Novell in Discussions With VMware on its Linux OS Business
Enterprise software developer, Novell Inc. (NOVL) is in discussions with the virtualization infrastructure software solutions provider VMware Inc. (VMW) to sell its Linux Operating systems business, according to the Wall Street Journal. According to the Journal, Novell is in...
20Sep2010 | vitalstocks | 0 comments | Continued(ARST) Company News for September 13, 2010 – Corporate Summary
• Deutsche Bank (NYSE:DB) announced plans to raise at least $12.5 billion in fresh capital to meet stricter capital requirements and increase its stake in Postbank from 30% currently • Hewlett-Packard (NYSE:HPQ) confirmed its intentions to acquire ArcSight (NASDAQ:ARST)...
14Sep2010 | vitalstocks | 0 comments | Continued(NOVL) Novell Reports Third Quarter Earnings In Line – Revenue Slips
Enterprise software developer, Novell Inc. (NOVL) reported third quarter 2010 earnings of 5 cents, in line with both the Zacks Consensus Estimate and the year-ago quarter. Earnings include stock based compensation but exclude one time item. The better-than-expected result was...
29Aug2010 | vitalstocks | 0 comments | Continued(LXK) Lexmark Guns for Hewlett-Packard’s Top Spot
by Alexander Moschina, Investment U Research Wednesday, August 11, 2010 The second quarter of 2010 brought another big leap for Lexington, KY-based Lexmark International, Inc. (NYSE: LXK). Sales were $1.03 billion, compared to revenue of $905 million a year earlier. The...
11Aug2010 | InvestmentU | 0 comments | Continued(XRX) Xerox Aquires Benefits Subsidiary of Hewlett-Packard to Expand BPO
Xerox Corporation (XRX) recently completed the acquisition of a subsidiary of Hewlett-Packard (HPQ). ExcellerateHRO LLP (“EHRO”), a benefits subsidiary of HP, has been taken over by the recently annexed Xerox subsidiary Affiliated Computer Services (“ACS”) for $125 million. The...
4Aug2010 | vitalstocks | 0 comments | Continued(GE) General Electric Invests in Ecomagination Research & Development
General Electric Co. (GE) met its $5 billion investment target for ecomagination research and development one year ahead of schedule in 2009. The company plans to invest up to $10 billion in the next five years. The ecomagination research and development project was started...
27Jun2010 | vitalstocks | 0 comments | Continued(ACS) Affiliated Computer Services / Xerox Merger Approved
Affiliated Computer Services Inc. (ACS), a leading business process outsourcing firm rose 0.45% after hours Friday, after falling 2.28% to close at $59.64 following the company’s announcement that shareholders had approved its acquisition by Xerox Corporation (XRX). XRX shares...
8Feb2010 | vitalstocks | 0 comments | Continued(XRX) Xerox Corporation – Analysts Have Submitted Eleven Upward Revisions
Xerox Corp. (XRX) pleased investors with its earnings release last week. Covering analysts continue to raise estimates making shares of XRX an even better value. Company Description Xerox Corp is well known for its copy, printer and multi-functional machines as well as software...
28Jan2010 | vitalstocks | 0 comments | Continued(ACS) Affiliated Computer Services Beats Forecasts on Strong New Signings
Operating Performance Affiliated Computer Services, Inc. (ACS) reported second-quarter 2010 pro forma earnings of $1.07 per share, an increase of 25.9% from 85 cents reported in the year-ago period. Earnings for the quarter beat the Zacks Consensus Estimate of 99 cents a share...
23Jan2010 | vitalstocks | 0 comments | Continued(XRX) Xerox’s Earnings Report Outdoes Estimates
Xerox Corporation (XRX) has posted net income of $221 million or 25 cents per share (before special items) for the fourth quarter of the year. This was higher than the Zacks Consensus Estimate of 22 cents per share. However, net income decreased from $265 million or 30 cents...
21Jan2010 | vitalstocks | 0 comments | Continued(ACS) Affiliated Computer Services Shareholders Able to Vote on Purchase by Xerox
Affiliated Computer Services Inc. (ACS), a leading business process outsourcing firm, and Xerox Corporation (XRX) announced that shareholders will have the right to vote on Xerox’s agreement to buy ACS. Shareholders of both the companies on record as of Dec. 11 will be able...
30Dec2009 | vitalstocks | 0 comments | Continued(ACS) Affiliated Computer Services Extends IT Contract
Affiliated Computer Services, Inc. (ACS) announced an extension of a three-year information technology (IT) contract through 2015 with DCP Midstream, a Denver-based energy company. The contract is worth $72 million. Based in Dallas, ACS delivers comprehensive business process...
29Dec2009 | vitalstocks | 0 comments | Continued(HPQ) Status of the Printing Industry
The printing industry has not been doing too well in the recent past, due to the ongoing cost-reduction drive of customers and enterprises as well as environmental concerns. As a result, many of the largest players in the space Incorporatedluding Hewlett-Packard Company (HPQ),...
22Dec2009 | vitalstocks | 0 comments | Continued(PALM) Palm Sued by Artifex Software
Palm Inc. (PALM) was recently sued by Artifex Software Inc. for infringing its registered technologies – muPDF, which is used in the Palm Pre phone. Headquartered in San Rafael California, Artifex is the developer and copyright owner of muPDF, a high-performance PDF rendering...
7Dec2009 | vitalstocks | 0 comments | Continued(ACS) Settlement in Xerox-Affiliated Computer Services Merger
Affiliated Computer Services Inc. (ACS) announced that the complaint filed by ACS shareholders regarding its merger with Xerox Corp. (XRX) has been resolved. The plaintiffs have temporarily withdrawn their motion for an injunction to block the deal. The lawsuit was filed in October...
25Nov2009 | vitalstocks | 0 comments | Continued(ACS) Affiliated Computer Services to Hire Personnel
In order to boost growth in business process outsourcing [BPO] services, Affiliated Computer Services Inc. (ACS) plans to hire 120 employees at its Houston call center. The company also plans to hire approximately 150 people at its Raleigh call center in addition to the 465 additional...
15Oct2009 | vitalstocks | 0 comments | Continued($HPQ) Hewlett-Packard – Metamorphosis of Printers – moving towards a paperless office
Operating conditions for the printing business are getting increasingly challenging. The weakness is driven by both corporate and retail customers who are moving towards a paperless office, in order to reduce the cost of stationery. Research firm IDC projects the number of printed...
7Aug2009 | vitalstocks | 0 comments | Continued