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Restructuring Costs Reduce Xerox Earnings
Second-quarter profit at Xerox skidded 19 percent on reorganization charges, but the company matched Wall Street’s forecast.
New York Times  –  11 hours, 1 minute ago  ¦  comment?
found in Business
Photo from WHEC.com Xerox 2Q profit declines 19 pct, but meets views
Xerox Corp.'s second-quarter profit skidded 19 percent, but matched Wall Street's forecast, as the office-equipment maker was...
WHEC.com  –  15 hours, 4 minutes ago  ¦  comment?
found in Local: New York: Rochester
Xerox Reports Second-Quarter 2008 Earnings of 24 Cents Per Share
Read full story for latest details.
Canada NewsWire  –  17 hours ago  ¦  comment?
found in Canada
Summary Box: Xerox 2Q profit falls 19 pct
AP - THE EARNINGS: Xerox Corp.'s second-quarter profit fell 19 percent, but matched Wall Street's forecast, as restructuring charges weighed on the office-equipment maker. The Norwalk, Conn.-based company's cash-cow supplies and services business hummed along smoothly. Sales of $4.53 billion, an 8 percent improvement, also were in line with analyst expectations.
Yahoo!  –  19 hours, 34 minutes ago  ¦  comment?
found in Business: Companies
Xerox second-quarter profit declines 19 per cent, but meets views
SAN FRANCISCO - Xerox Corp.'s second-quarter profit skidded 19 per cent, but matched Wall Street's forecast, as the office-equipment maker was hurt by restructuring charges while its cash-cow supplies and services business hummed along smoothly.
Canoe.ca  –  20 hours, 26 minutes ago  ¦  comment?
found in Technology
Xerox profit falls 19%, backs 2008 profit forecast
Xerox Corp. says quarterly net income fell 19% from a year ago, due to a restructuring charge and more sales of lower-margin products.
MarketWatch.com  –  21 hours, 8 minutes ago  ¦  comment?
found in Business
Xerox Profit Declines, but Meets Expectations
Xerox’s profit fell 19 percent, but matched Wall Street’s forecast, as the office-equipment maker was hurt by restructuring charges.
New York Times  –  22 hours, 8 minutes ago  ¦  comment?
found in Technology
Xerox's Net Slides 19%
Xerox's second-quarter profit slid 19% as its profit-margin decreased. Sales climbed 8% to $4.53 billion, helped by a 19% gain in developing markets.
Wall Street Journal  –  23 hours, 56 minutes ago  ¦  comment?
found in Technology
Xerox posts better-than-expected quarterly profit
Reuters - Xerox Corp on Thursday posted better-than-expected quarterly earnings as revenue improved on strong sales of printing supplies and color equipment.
Yahoo!  –  Jul 24, 2008 11:44 AM [GMT]  ¦  comment?
found in Business: Companies
Xerox second-quarter profit slips 14% to 24 cents a share
NEW YORK (MarketWatch) -- Xerox Corp. said Thursday its second-quarter profit totaled $215 million, or 24 cents per share, from $266 million, or 28 cents per share, in the same quarter a year before. Analysts polled by FactSet Research had on average expected profit of 29 cents per share. Revenue for the quarter rose 8% on year to $4.53 billion from $4.21 billion. The Norwalk, Conn., company also said it was increasing its stock buy-back program by $1 billion and maintaining its 2008 earnings forecast of $1.26-$1.30 a share.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com  –  Jul 24, 2008 11:23 AM [GMT]  ¦  comment?
found in Business: Markets