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Notable Call Options Activity in Xerox
Wednesday, August 31, 2011 - 1:50pm | 94Shares of Xerox (NYSE: XRX) are higher on the session by 1.98%, currently trading at $8.23. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the September 2011...
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Read The Fine Text: Who Benefits From The HP, Open Text Merger
Friday, August 19, 2011 - 9:26am | 649Last night, Hewlett-Packard (NYSE: HPQ) announced it would be buying Autonomy for $42.11 per share in cash, a 64% premium to yesterday's close. In a market rife with volatility and uncertainty, Leo Apotheker is spending a huge amount of money, and paying a huge premium to transition HP. This is...
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Top 4 Small-Cap Stocks In The Computer Peripherals Industry With The Highest Cash
Monday, August 15, 2011 - 1:00am | 118Below are the top small-cap computer peripherals insurance stocks on the NYSE in terms of cash. Zebra Technologies Corp (NASDAQ: ZBRA) had $256.46 million in total cash and no debt for the latest quarter. Synaptics Incorporated (NASDAQ: SYNA) had $247.15 million in total cash and $2.31 million in...
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Global Imaging Systems Acquires Jacksonville-based Bennett's Business Systems
Friday, August 12, 2011 - 8:00am | 82Global Imaging Systems, A Xerox Company (NYSE: XRX), has acquired Bennett's Business Systems, Inc., of Jacksonville, Fla. The acquisition furthers Global Imaging's strategy of creating a nationwide network of locally-based providers focused on improving document management and office efficiency...
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ACS, A Xerox Company, Acquires Innova Consulting's Italian Facilities
Monday, August 1, 2011 - 5:35am | 75ACS, A Xerox Company (NYSE: XRX), today announced it is expanding its global capabilities with the acquisition of the Italian-based call center and business process services assets of Innova Consulting. ACS' latest acquisition will immediately begin providing business process services to Zurich...
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Top 4 Stocks In The Computer Peripherals Industry With The Highest Cash
Thursday, July 28, 2011 - 3:58am | 129Below are the top computer peripherals stocks on the NYSE and the NASDAQ in terms of cash. AU Optronics Corp (NYSE: AUO) had $2.46 billion in total cash and $6.50 billion in total debt for the latest quarter. Fortinet Inc (NASDAQ: FTNT) had $301.60 million in total cash and no debt for the latest...
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Global Imaging Systems Acquires Rochester-based Xerographic Solutions
Wednesday, July 27, 2011 - 9:00am | 122Global Imaging Systems, A Xerox Company (NYSE: XRX), has acquired Xerographic Solutions, Inc., a Rochester, N.Y.-based Xerox sales agent/dealer. Xerographic Solutions provides managed print and network services. Established in 1991 by former Xerox sales manager Mark Perlo, Xerographic Solutions,...
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ACS, A Xerox Company, Signs Contract to Provide IT Services for Air Liquide
Wednesday, July 27, 2011 - 7:08am | 143ACS, A Xerox Company (NYSE: XRX) today announced it signed a contract with Air Liquide USA LLC to increase the company's information technology capabilities in North America. Aimed at providing support for expanding business operations, the multi-million dollar agreement is for five-years with a...
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Canon U.S.A. Expands imageCLASS Laser Multifunction and Printer Lineup with Seven New Products
Tuesday, July 26, 2011 - 8:02am | 263Leveraging Canon's big-office technology in affordable compact devices, Canon U.S.A., (NYSE: CAJ) today launched seven additions to its imageCLASS multifunction device and printer portfolio, including four machines that support wireless connectivity, a first for imageCLASS devices. Ranging from...
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J.P. Morgan Expects Strong 2Q11 Results On Zebra Technologies
Tuesday, July 26, 2011 - 7:41am | 99According to J.P. Morgan, Zebra Technologies (NASDAQ: ZBRA) expects strong 2Q11 results. J.P. Morgan said that solid results from ScanSource (sales up 25% y/y) and improving bookings at NCR (retail up 3% y/y) point to recovering demand in key end-markets. “We think there's a replacement cycle...
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Earnings Roundup
Monday, July 25, 2011 - 8:09am | 832Baker Hughes Inc (NYSE: BHI) reported a strong rise in its second-quarter net profit. Baker Hughes reported its quarterly net profit at $338 million, or $0.77 per share, up from $93 million, or $0.23 per share, in the year-ago period. Excluding items, the company's earnings came in at $0.93 per...
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BMC Reiterates Buy on Xerox, Raises PT to $14
Monday, July 25, 2011 - 6:09am | 46BMC reiterated its Buy rating on Xerox (NYSE: XRX). At the same time, the rating agency raised its price target on the company's stock from $13 to $14. On Friday, XRX lost 2.14% of its value to finish the day at $10.08.
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UPDATE: Canon Reports 20% Drop In Q2 Net Profit, Lifts Forecast
Monday, July 25, 2011 - 5:23am | 108Canon Inc (NYSE: CAJ) reported a 20% decline in its net profit for the second quarter. Canon's quarterly net profit dropped to Y53.86 billion from Y67.64 billion in the year-ago period. Its operating profit fell 31% y/y to Y78.41 billion from Y113.44 billion. Canon's revenue declined 14% y/y to...
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BMC Provides Color on Xerox
Monday, July 25, 2011 - 5:19am | 95BMC provided color on Xerox (NYSE: XRX). In a research report published today, the rating agency stressed its optimism about the company's performance in spite of a recent cash flow setback. In the report, BMC states, “While we understand the disappointment of XRX's reduced cash flow guidance, we...
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Deutsche Bank Maintains Xerox Hold, $10 PT
Friday, July 22, 2011 - 4:12pm | 86Deutsche Bank maintained its Xerox (NYSE: XRX) Hold rating and $10 price target in a research report published today. In the report, Deutsche Bank states, "GMs of 33% were in line and solid OPEX management / favorable tax rate resulted in EPS upside. However, cash flow was disappointing again....