The CNBC RQ 50 identifies companies that don't just spend big on R&D, but spend right, creating return on innovation for shareholders.» Read More
WEBSTER, N.Y.— Xerox Corp. plans to lay off 121 people at its Webster plant in western New York. A statement from Norwalk, Connecticut- based Xerox says the affected employees work for the site and facilities services operations providing maintenance and cleaning for the Webster plant.
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.
April 22- Xerox Corp cut its full-year earnings forecast as growth stalled in its services business and margins contracted due to higher investment on U.S. health insurance exchange platforms, sending its shares down about 5 percent in premarket trading.
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.
April 22- Xerox Corp reported a 5 percent fall in first-quarter profit, hurt by dwindling revenue from its printing business and slowing growth in the services unit. The net income attributable to Xerox fell to $281 million for the three months ended March 31, from $296 million a year earlier. On a per share basis, net income was flat at 23 cents.
With the wipeout in growth stocks, many investors turned their attention to big-cap and value names, and the trend is expected to continue.
Some of Monday midday movers:
A look at the winners and losers created by the botched rollout of many Obamacare health exchanges.
Hewlett-Packard will outline plans to enter the commercial 3-D-printing market in June.
SAN FRANCISCO, March 19- Hewlett-Packard Co will outline plans to enter the commercial 3 D-printing market in June, saying it has solved a number of technical problems that have hindered broader adoption of the high-tech manufacturing process.
Ursula Burns, Chairman and CEO of Xerox, discusses the company's evolving business model. We have switched from a technology company to a services company, explains Burns.