Xerox CEO Ursula Burns says the US economy is 'stuck.' The way she describes it: "One step forward, a half step back."» Read More
Oct 22- Xerox Corp reported a 2 percent fall in third-quarter revenue due to tepid growth in its services business and slowing demand in the printing business. Xerox, best known as a maker of printers and copiers, has been focusing on services to offset a drop in printing by companies and as personal computing moves to tablets and smartphones.
Oct 22- Xerox Inc reported a 2 percent fall in quarterly revenue, hurt by slowing demand in its printing business. Net income attributable to Xerox fell to $266 million from $286 million. Xerox, which has been diversifying away from its printers and copiers, also forecast adjusted earnings of 30- 32 cents per share for the current quarter ending Dec. 31.
Oct 22- Xerox Inc reported a 2 percent fall in quarterly revenue, hurt by slowing demand in its printing business. Net income attributable to Xerox fell to $266 million, or 22 cents per share, from $286 million, or 22 cents per share, a year earlier. Revenue fell to $5.12 billion from $5.24 billion a year earlier.
DETROIT, Sept 5- A group of companies, including several large automakers, have joined a public-private research initiative to lay the groundwork for a system that wirelessly connects vehicles and helps smooth the flow of traffic, the University on Michigan said on Friday.
The percentage of big companies with a COO went from roughly 48 percent in 2000 to 35 percent in 2013. USA Today reports.
The CNBC RQ 50 identifies companies that don't just spend big on R&D, but spend right, creating return on innovation for shareholders.
Using the CNBC RQ 50 measure for R&D productivity, we've identified an elite group of companies that merit election to an R&D hall of fame.
Investors seeking steady gains on innovation should look past tech buzz. When R&D productivity is measured, 'boring' stocks often lead.
U.S. stocks finished lower on Friday weighed by Amazon's weak earnings and Visa's lowered outlook, in addition to ongoing geopolitical concerns.
U.S. stock index futures held to negative figures on Friday despite a rebound in the durable goods report, with focus on unrest in Ukraine and Gaza.
July 25- Xerox Corp reported a 2 percent fall in second-quarter revenue, hurt by lower demand in its printing business. Net income attributable to Xerox fell to $266 million, or 22 cents per share, for the quarter ended June 30, from $271 million, or 21 cents per share, a year earlier. Revenue fell to $5.29 billion from $5.39 billion a year earlier.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
Stan Druckenmiller said IBM's recent stock buybacks represent what's wrong with the economic recovery.
An innovation known as paper once changed the world, but it's time for DocuSign to consign this ancient disruptor to the past.
CNBC met up with the executive producers and stars of HBO's new show Silicon Valley to find out what real-world tech they actually use.
The Corporate Angel Network, which gets cancer patients free flights on corporate jets, recently flew its 45,000th passenger.
Gave the Italian espresso bar an American accent and global presence, changing how the world shares the experience and the comfort of a cup of coffee.
While VC firms may reward entrepreneurs in NYC and San Fran, may believe that longer-term innovations happening elsewhere are key to economic growth.
U.S. stock index futures pointed to a lower open on Tuesday, ahead of first-quarter earnings early in the day from three Dow-listed companies.
Some of the names on the move ahead of the open.