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This is your Benzinga news summary and traders' outlook for Friday, July 22, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher following the approval of a deeper Greek rescue plan. The U.S. dollar...

Xerox Corp (NYSE: XRX) reported a 41% rise in its second-quarter net income and raised its earnings forecast for the year. Xerox reported its quarterly earnings at $319 million, or $0.22 per share, up from $227 million, or $0.16 per share, in the year-ago period. The company's adjusted net income...

General Electric Co (NYSE: GE) is expected to report its Q2 EPS at $0.32 on revenue of $34.72 billion. Schlumberger NV (NYSE: SLB) is projected to report its Q2 EPS at $0.85 on revenue of $9.17 billion. Verizon Communications Inc (NYSE: VZ) is estimated to report its Q2 EPS at $0.55 on revenue of...

It's time to get ready for Xerox (NYSE: XRX) earnings! Don't be caught off-guard: The company releases its next round of earnings this Friday, July 22, 2011. Want to know what analysts are expecting to see in Xerox's lastest earnings numbers? We thought so. Here's an advanced look at the company'...

Brean Murray, Carret & Co. has published a report on Xerox (NYSE: XRX). In the report, Brean Murray, Carrent & Co. wrote, "We expect essentially in-line revenue and EPS results for the Jun Q, although we could envision upside to Street of $0.24 (XRX guidance was $0.23 - $0.26.) A bit...

Global Imaging Systems, A Xerox Company (NYSE: XRX), has acquired Miller Technology Solutions, Inc., a Virginia-based managed services company specializing in financial IT services.

Cusick's Corner GOOG! Beats by .91 and the stock is up $60 dollars After Hours. Amazing! This is also a great example of why I was hammering home make sure that you tighten up the risk. Take the opportunity to shore up risk, credit spread strategists should check if they can cover a position for...

Cusick's Corner The sellers have taken a bit out of this market into the Midday and I am a little surprised at how aggressively they are doing so. The volatility has been picking up and while it is typical for volatility to abate into this afternoon and tomorrow, we are not seeing that reflected...

Point Roberts, WA - July 13, 2011 - Investorideas.com, a leader in sector research including RFID stocks, issues a trading alert for July 12 th. Inova Technology (OTCBB:INVA) announced this week that they have now completed $790,000 worth of network solutions projects for Ysleta and Abilene school...

Cusick's Corner The market is trading off the lows of the day and Retail, XRT, has been the focus today in front of a plethora of data and earnings which may be potentially volatile because the strength of the consumer has been under pressure due to energy price fluctuations and lackluster...

Shares of Xerox Corporation (NYSE: XRX) are lower on the session by 0.66%, trading at $10.50. Overall call volume is now running at 3.64x the daily average, with 2% of all calls traded being purchases on the offer. 13,930 contracts have traded on the session so far. Xerox Corporation provides a...

Cusick's Corner Buyers prevail. The sideline money is flowing into the market and it did it early on the heels of inline data this morning. The market is trending nicely, above the 50-Day Moving Average, taking back most of the pullback from the April highs, and this latest move is happening in...

The Internet is moving way beyond dot-com, and websites will soon end in anything the owner wants it to be. The Internet Corporation for Assigned Names and Numbers (ICANN), used to allow 22 suffixes for websites, such as ".com" and ".org", will now allow suffixes for almost any word in any...

Cusick's Corner The market is experiencing a nice oversold squeeze to the upside which is the type of action that one can expect now, it's choppy trading while Greece and the Fed work out austerity plans and their next steps, if any (for the Fed there may be additional QE, Quantitative Easing). I...

BJ's Restaurants Inc (NASDAQ: BJRI) shares gained 2.23% to create a new 52-week high of $51.33. BJRI had $48.06 million in total cash and no debt for the latest quarter. Star Scientific Inc (NASDAQ: CIGX) shares jumped 6.23% to create a new 52-week high of $5.27. CIGX shares have surged 224.18%...