Ursula Burns, Xerox’s (NYSE: XRX) CEO for three years, has allowed the company to be crushed by the digital age. The trouble shows in Xerox’s shares which are down 40% in the…
Douglas A. McIntyre The three major U.S. stock indexes opened mixed this morning with the S&P 500 and the DJIA slightly lower and the Nasdaq slightly higher. In Asia Japan’s trade deficit was wider than…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Altera Corp. (NASDAQ: ALTR) cut to Hold at Jefferies. ArcelorMittal (NYSE: MT) cut…
The three major US stock indexes opened lower this morning after Spanish bond yields rose above 7% again and the country’s Valencia region asked for central government assistance in paying its debts.…
Xerox (NYSE: XRX) shares slipped about 2.5% in morning trading, following the Connecticut-based document management company’s second-quarter report. Xerox said its quarterly earnings declined 3.1% to $309 million, from $319 million in…
Trey Thoelcke The U.S. markets appear to be set to follow Asian and European markets lower. Standard & Poor’s 500 Index could end a three-day rally, even as companies reported better-than-expected earnings in the…
The three major US stock indexes opened higher this morning as investors continue to hope for more central bank stimulation in weakening global economy. These investors are probably right that something will…
Xerox (NYSE: XRX) is supposed to have gone through a renaissance of sorts in the past several years. After a series of poor decisions about its technology and sales operations, Xerox was…
Douglas A. McIntyre Business equipment firm Pitney Bowes Inc. (NYSE: PBI) reported first quarter earnings after markets closed last night, and while the company slightly exceeded expectations for adjust EPS and revenues, the stock is…
Markets opened mixed this morning, with the DJIA showing much more strength than the S&P 500, which opened higher, or the Nasdaq, which opened lower. The S&P Case-Shiller house price index showed…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Allison Transmission Holdings, Inc. (NYSE: ALSN) Started as Neutral at Credit Suisse;…
Markets opened lower this morning following some reversals in Europe, not the least of which is the coming French presidential election. PMI readings from Europe and China were also weak. Asian and…
International think-tank Ethisphere Institute has just announce the 143 global companies that made the Institute’s 2012 list of Most Ethical Companies. Of the total, 102 are US-based companies, and 23 of the…
Markets opened mixed this morning, with the DJIA and S&P 500 opening lower and the Nasdaq Composite opening higher. The Nasdaq was getting a big push from the very strong earnings report…
Xerox Corporation (NYSE: XRX) managed to double its profits after the prior year’s quarter was riddled with charges, but the trend of light revenues is not one which escaped the copying and…
Jon C. Ogg 