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Last €8.98 EUR
Change Today +0.003 / 0.03%
Volume 100.0
XER On Other Exchanges
Symbol
Exchange
New York
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Frankfurt
As of 10:30 AM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

xerox corp (XER) Snapshot

Open
€8.90
Previous Close
€8.98
Day High
€8.98
Day Low
€8.80
52 Week High
04/10/15 - €12.58
52 Week Low
08/24/15 - €8.35
Market Cap
9.6B
Average Volume 10 Days
8.0K
EPS TTM
--
Shares Outstanding
1.1B
EX-Date
09/28/15
P/E TM
--
Dividend
€0.28
Dividend Yield
2.53%
Current Stock Chart for XEROX CORP (XER)

xerox corp (XER) Details

Xerox Corporation provides business process and document management solutions worldwide. The company’s Services segment offers various business process outsourcing services, such as customer care, transaction processing, human resources, communication and marketing, and consulting and analytics services, as well as finance, accounting, and procurement services. This segment also provides business process outsourcing services in the healthcare, transportation, financial services, retail, and telecommunications areas; and document outsourcing services, including managed and centralized print services. Its Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. The company’s Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. Xerox Corporation sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. The company was founded in 1906 and is headquartered in Norwalk, Connecticut.

135,800 Employees
Last Reported Date: 07/31/15
Founded in 1906

xerox corp (XER) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $1.0M
Executive Vice President and President of Cor...
Total Annual Compensation: $714.0K
Corporate Executive Vice President and Presid...
Total Annual Compensation: $662.5K
Executive Vice President and President of Xer...
Total Annual Compensation: $600.0K
Compensation as of Fiscal Year 2014.

xerox corp (XER) Key Developments

Xerox Corp. Plans to cut its global workforce

Xerox Corp. is planning a big cut to its global workforce, and those cuts are going to impact Rochester. However, company officials didn't have specifics on how many of the approximately 3,000 earmarked job cuts would come from its 6,600-member workforce in Webster and Rochester. The company will cut jobs and pull back on its government health care strategy after it saw another decline in revenues and profits for the quarter ending June 30.

Xerox Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal 2015; Reports Software Impairments

Xerox Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues were $4.59 million against $4.94 million a year ago. Income before income taxes & equity income was $74 million against $301 million a year ago. Net income attributable to company from continuing operations was $107 million against $255 million a year ago. Net income attributable to the company was $12 million against $266 million a year ago. Diluted earnings per share from continuing operations were $0.09 against $0.21 a year ago. Diluted earnings per share were $0.01 against $0.22 a year ago. Net cash provided by operating activities was $349 million against $325 million a year ago. Cost of additions to land, buildings and equipment was $77 million against $102 million a year ago. Adjusted net profit was $246 million or $0.22 per share against $303 million or $0.25 per share a year ago. Adjusted pretax income was $299 million against $379 million a year ago. For the six months, the company reported total revenues were $9.06 million against $9.71 million a year ago. Income before income taxes & equity income was $275 million against $572 million a year ago. Net income attributable to company from continuing operations was $298 million against $521 million a year ago. Net income attributable to the company was $237 million against $547 million a year ago. Diluted earnings per share from continuing operations were $0.26 against $0.43 a year ago. Diluted earnings per share were $0.20 against $0.45 a year ago. Net cash provided by operating activities was $462 million against $611 million a year ago. Cost of additions to land, buildings and equipment was $152 million against $186 million a year ago. Total debt was $7.65 billion as of June 30, 2015 against $7.74 billion as of December 31, 2014. For the third quarter of 2015, the company expected gaap eps from continuing operations in a range of $0.17 - $0.19 and adjusted eps in a range of $0.22 - $0.24. For the fiscal 2015, the company expected gaap eps from continuing operations in a range of $0.69 - $0.75 and adjusted eps to be at the lower end of guidance range of $0.95 - $1.01. Cash flow from operations in a range of $1.7 - $1.9 billion, capex of $0.4 billion and free cash flow in a range of $1.3 - $1.5 billion. The company reported software impairment was $146 million for the second quarter ended June 30, 2015.

Xerox Corporation Declares Quarterly Dividend on Common and Preferred Stock Payable on October 30, 2015 and October 1, 2015, Respectively

The board of directors of Xerox Corporation declared a quarterly cash dividend of 7 cents per share on Xerox common stock. The dividend is payable on October 30, 2015 to shareholders of record on September 30, 2015. The board also declared a quarterly cash dividend of $20 per share on Xerox Series A Convertible Perpetual Preferred Stock. The dividend is payable on October 1, 2015 to shareholders of record on September 15, 2015.

 

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XER

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Valuation XER Industry Range
Price/Earnings 13.8x
Price/Sales 0.6x
Price/Book 1.1x
Price/Cash Flow 10.9x
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