Xerox Corp


  • Letting your car find a spot and park itself Tuesday, 9 Sep 2014 | 3:01 AM ET

    DETROIT— With a thumb swipe on a smartphone, your car one day will be able to drive into a parking deck, find an open spot and back into a space— all by itself. Technology being honed by French auto parts maker Valeo uses a dozen ultrasonic sound-wave sensors, 360- degree cameras and a laser scanner to safely park within a few centimeters of other vehicles.

  • Developer presumed dead in crash revamped NY city Sunday, 7 Sep 2014 | 1:34 AM ET

    KINGSTON, Jamaica— A developer presumed dead with his wife in a private plane crash near Jamaica had an "uncanny instinct" for revitalizing properties and an "incalculable" impact on his western New York hometown's resurgence from crumbling industrial center to trendy destination for young professionals, friends and colleagues said.

  • Mystery shrouds US couple's crash off Jamaica Saturday, 6 Sep 2014 | 2:28 AM ET

    KINGSTON, Jamaica— A search-and-rescue operation resumed at first light Saturday off Jamaica's northeast coast as crews hope to solve the mystery of a small private plane carrying a prominent upstate New York couple who were taken on a ghostly 1,700- mile journey after the pilot was apparently incapacitated at the controls.

  • 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 truck maker that's better at R&D than Google Wednesday, 6 Aug 2014 | 6:00 AM ET
    Oshkosh Corporation chief engineer for Unmanned Systems, demonstrates a remote steering device for the TerraMax autonomous vehicle on a test course outside of Pittsburgh, Pennsylvania.

    Investors seeking steady gains on innovation should look past tech buzz. When R&D productivity is measured, 'boring' stocks often lead.

  • Stocks close lower, Dow posts triple-digit drop Friday, 25 Jul 2014 | 4:41 PM ET
    Traders work the floor of the New York Stock Exchange.

    U.S. stocks finished lower on Friday weighed by Amazon's weak earnings and Visa's lowered outlook, in addition to ongoing geopolitical concerns.

  • US futures show little reaction to durable goods Friday, 25 Jul 2014 | 8:37 AM ET

    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.

  • Lower printer sales hurt Xerox's revenue Friday, 25 Jul 2014 | 7:18 AM ET

    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.

  • Politics fade as earnings take over Friday, 18 Jul 2014 | 6:30 PM ET
    Espirito Santo International is the parent company of several institutions, including Banco Espirito Santo.

    Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.

  • Druckenmiller: IBM 'poster child' of bad growth Thursday, 17 Jul 2014 | 2:04 PM ET

    Stan Druckenmiller said IBM's recent stock buybacks represent what's wrong with the economic recovery.

  • A safe way to sign on the dotted e-line Tuesday, 17 Jun 2014 | 7:01 AM ET
    Keith Krach, chairman and CEO of DocuSign

    An innovation known as paper once changed the world, but it's time for DocuSign to consign this ancient disruptor to the past.

  • Meet the guys making fun of Silicon Valley Saturday, 10 May 2014 | 3:00 PM ET
    Actor T. J. Miller (L) and actor Thomas Middleditch (R) arrive at the premiere of 'Silicon Valley' on April 3, 2014 at Paramount Studios in Hollywood, California.

    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.

  • Corporate angels: Flying cancer patients for free Thursday, 8 May 2014 | 12:00 AM ET
    Todd Blake, a cancer patient undergoing treatment in New York, and his mother Nancy

    The Corporate Angel Network, which gets cancer patients free flights on corporate jets, recently flew its 45,000th passenger.

  • Howard Shultz creates the world's coffee house Tuesday, 29 Apr 2014 | 7:00 AM ET

    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.

  • Look beyond Silicon Valley for lasting innovation Tuesday, 29 Apr 2014 | 7:00 AM ET
    Houston, Texas.

    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.

  • Wall Street to focus on key earnings, M&A Tuesday, 22 Apr 2014 | 8:41 AM ET

    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.

  • Early movers: CMCSA, NFLX, GM, PFE, NVS & more Tuesday, 22 Apr 2014 | 7:43 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Xerox first-quarter profit falls 5 pct Tuesday, 22 Apr 2014 | 7:12 AM ET

    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.

  • Value stocks to stay in vogue, as momentum fades Monday, 21 Apr 2014 | 5:41 PM ET

    With the wipeout in growth stocks, many investors turned their attention to big-cap and value names, and the trend is expected to continue.