Office Electronics

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.

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...

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...

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%...

At its annual meeting of shareholders held today, Ursula Burns, chairman and CEO of Xerox Corporation (NYSE: XRX), highlighted the company's financial position, its strategy, and the steps Xerox is taking to capitalize on a growing market opportunity. In her address to shareholders, Burns said, “...

Xerox Corporation (NYSE: XRX) today acquired NewField IT, a U.K.-based print consultancy and software solution provider.

Zebra Technologies Corporation (NASDAQ: ZBRA) today announced that the company's Board of Directors has authorized the repurchase of up to three million shares of Zebra Technologies Corporation Common Stock, which represents approximately 5.5% of total shares outstanding. This authorization, which...

Xerox Corporation (NYSE: XRX) closed today on a $300 million offering of floating rate senior unsecured notes due in 2014 and a $700 million offering of 4.5 percent senior unsecured notes due in 2021. Net proceeds from the offering will be used to repay $650 million of 8 percent trust preferred...

Summary A GARP investing approach based on identifying companies with long-term prospects in their early stages before they become quot;glamourquot; stocks. Background Considered by some to be quot;the father of growth investing”, T Rowe Price started investing in the 1920s. He founded T. Rowe...

Xerox (NYSE: XRX) says, "will spend 70% to 80% cash on share buybacks in 2011... targeting $700m in buybacks this year, 60m - 70m shares... planning to buyback 100m shares in 2012... to use most available cash for buybacks over next 5 yrs."