Xerox Reports First-Quarter 2016 Earnings and Provides Update on Strategic Transformation and Separation
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
UPDATE: Brean Capital Downgrades Xerox (XRX) to Hold
April 26, 2016 6:51 AM EDT(Updated - April 26, 2016 8:58 AM EDT)
Brean Capital downgraded Xerox (NYSE: XRX) from Buy to Hold. Analyst Ananda Baruah said he was moving to the sideline to "digest" split dynamics.
Baruah explained, "Weve been long-time supporters of the stock, including... More
Xerox Corp. (XRX) Misses Q1 EPS by 1c
April 25, 2016 6:46 AM EDTXerox Corp. (NYSE: XRX) reported Q1 EPS of $0.22, $0.01 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $4.24 billion.
Separation and Strategic Transformation Update
On January 29, 2016, Xerox announced a plan to separate into two independent, publicly-traded companies, each of which... More
