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  • July 24- Xerox Corp barely managed to eke out a profit in the second quarter after the printer and copier maker took a charge related to a revamp of its business that provides administrative and care-management services to government healthcare programs. Xerox, whose shares were down 0.7 percent in premarket trading, said last week it would record a charge of...

  • July 24- Xerox Corp barely eked out a profit in the second quarter after the printer and copier maker took a charge related to a revamp of its business that provides administrative and care-management services to government healthcare programs. Xerox, whose shares were down 3.3 percent in premarket trading, said last week it would record a charge of about $145...

  • *Apple, Microsoft, Yahoo to report results after the close. July 21- U.S. stocks fell on Tuesday in the wake of results from IBM and United Technologies which curbed some optimism over earnings season while investors awaited quarterly profits from tech giants including Apple and Microsoft. The Dow fell over 1 percent, with IBM and United Tech contributing around...

  • July 21- Printer maker Lexmark International Inc said it would cut jobs to offset costs resulting from recent acquisitions as part of efforts to focus on software and services. Lexmark and larger rivals such as Hewlett-Packard Co and Xerox Corp are pushing into high-value software and services business as companies reduce printing to cut costs and...

  • *IBM down after revenue falls for 13th straight quarter. *Apple, Microsoft, Yahoo to report results after market. July 21- U.S. stocks fell in early afternoon trading on Tuesday as weak revenue at IBM and United Technologies weighed on the Dow and investors awaited results from tech giants including Apple and Microsoft.

  • *IBM down after revenue falls for 13th straight quarter. *Apple, Microsoft, Yahoo to report results after market. July 21- Wall Street was lower in late morning trading on Tuesday as weak revenue at IBM and United Technologies weighed on the Dow and the S&P 500 and investors awaited results from tech giants including Apple and Microsoft.

  • *IBM down after revenue falls for 13th straight quarter. *Apple, Microsoft, Yahoo to report results after market. July 21- Weak results from IBM and United Technologies weighed on the Dow and the S&P 500 while the Nasdaq Composite hovered near record levels ahead of a raft of earnings from tech giants including Apple and Microsoft.

  • July 21- Printer maker Lexmark International Inc forecast third-quarter profit well below Wall Street's estimates and said it would cut about 500 jobs as it absorbs recently acquired businesses. Lexmark said the restructuring is expected to generate $2 million savings in 2015 and annualized savings of $65 million beginning in 2017..

  • *IBM down after revenue falls for 13th straight quarter. *Apple, Microsoft, Yahoo to report results after the bell. Tech giants such as Yahoo, Microsoft and Apple are scheduled to report results after the closing.

  • UPDATE 1-Printer maker Lexmark to cut 500 jobs Tuesday, 21 Jul 2015 | 7:29 AM ET

    July 21- Printer maker Lexmark International Inc said it would cut 500 jobs, or about 4 percent of its global workforce, as the company integrates its recently acquired businesses and tries to soften the impact of a strong dollar. Lexmark swung to a quarterly loss in the second quarter ended June 30, hurt by an 11 percent decline in revenue in its imaging solutions...

  • Lexmark reports 2Q loss Tuesday, 21 Jul 2015 | 6:48 AM ET

    LEXINGTON, Ky. _ Lexmark International Inc. on Tuesday reported a second-quarter loss of $36.3 million, after reporting a profit in the same period a year earlier. For the current quarter ending in September, Lexmark expects its per-share earnings to range from 51 cents to 61 cents. Lexmark shares have increased 15 percent since the beginning of the year.

  • Lexmark swings to quarterly loss, to cut 500 jobs Tuesday, 21 Jul 2015 | 6:48 AM ET

    July 21- Printer maker Lexmark International Inc swung to a quarterly loss, and said it would cut about 500 jobs worldwide as part of a restructuring to reduce costs. The company reported a net loss of $36.3 million, or 59 cents per share, compared with a net income of $37.5 million, or 59 cents per share, a year earlier. Non-GAAP revenue fell marginally to $891 million...

  • UPDATE 1-Printer maker Lexmark's revenue slips 3 pct Tuesday, 28 Apr 2015 | 7:57 AM ET

    April 28- Printer maker Lexmark International Inc reported a 3 percent decline in quarterly revenue, hurt by lower revenue from its imaging solutions and services business. Lexmark's imaging solutions and services business includes monochrome and color laser printers and supplies and services covering its printing products. Up to Monday's close, shares...

  • Lexmark revenue falls 3 pct Tuesday, 28 Apr 2015 | 6:43 AM ET

    April 28- Printer maker Lexmark International Inc reported a 3 percent decline in quarterly revenue, hurt by lower revenue from its imaging solutions and services business. Revenue fell to $852.0 million in the first quarter ended March 31 from $877.7 million a year earlier. Net income fell to $19.7 million, or 32 cents per share, from $29.3 million, or 46 cents per...

  • US STOCKS-Wall St drops as biotechs, semis hit Nasdaq Wednesday, 25 Mar 2015 | 4:30 PM ET

    NEW YORK, March 25- U.S. stocks dropped on Wednesday as a slump in technology and biotechs sent the Nasdaq to its biggest decline in nearly a year while the S&P 500 fell through key support levels. The index finished below its 14- day average for the first time since Feb. 11 and its 50- day moving average for the first time since Oct. 17. "We've got a little bit of a reprieve...

  • US STOCKS-Wall St drops as biotechs, semis stumble Wednesday, 25 Mar 2015 | 2:18 PM ET

    *Kraft, Kofax surge on separate M&A deals. NEW YORK, March 25- U.S. stocks fell on Wednesday, with losses accelerating after short-term technical indicators failed, while recent winners stumbled as investors cashed in towards the end of the quarter after a gauge of industrial orders unexpectedly fell last month. The 50- day is at 2,067, we bounced right off of that, "...

  • US STOCKS-Wall St falls as short-term technicals weaken Wednesday, 25 Mar 2015 | 12:51 PM ET

    *Kraft up 42 pct, Kofax adds 46 pct after separate deal news. NEW YORK, March 25- U.S. stocks fell on Wednesday, with losses accelerating after short-term technical indicators failed and after a gauge of industrial orders that unexpectedly fell last month. "The S&P was trying to hold just below 2,090 but failed; maybe it's not much more than technical levels traders...

  • US STOCKS-Wall St off in choppy trading after soft data Wednesday, 25 Mar 2015 | 11:30 AM ET

    *Kraft up 42 pct, Kofax adds 46 pct after separate deal news. NEW YORK, March 25- U.S. stocks fell in choppy, tight-range trading on Wednesday, with indexes reacting to moves in currency markets and to a gauge of industrial orders that unexpectedly fell last month. "The dollar strength can sap earnings growth, but if you continue to see soft economic data here, a...

  • *Kraft up 27 pct, Kofax adds 45 pct after separate deal news. *Kofax Ltd rallied 45 percent premarket after Lexmark International, known for its printers, said it would buy Kofax in a deal of about $1 billion. Lexmark shares jumped 7.9 percent.

  • March 24- Lexmark International Inc, known for its printers, said it would buy Kofax Ltd for about $1 billion to double the size of its enterprise software business. Lexmark's $11 per share cash offer represents a 46.7 percent premium to Kofax stock's Tuesday close of $7.50 on the Nasdaq. Goldman Sachs and Co is the financial adviser to Lexmark for the Kofax deal.