Top Bulls Reasons To Buy — Vote below!

Add a New Bulls Reason

Company: Xerox (XRX)
Current price:
Headline: (100 character max)
Analysis:
Cancel
80%
agree
15 votes

  New ColorCube product line

The company applied a proven technology to the enterprise level office multifunction color segment. ColorCube removes cost barrier for printing color documents in the office. This should increase usage and post-sale revenues. Solid ink is reliable, produces great quality, simpler to use and is better for the environment. Xerox has also greatly expanded sales channels and sales coverage in recent years.

(100 character max) Cancel
100%
agree
1 votes

  Xerox agrees to acquire ACS

On 29 Sep 2009, Xerox agreed to acquire Affliiated Computer Services for $6.4 billion in cash and stock. Xerox is moving swiftly to galvanize the copier and printer giant, which has steadied its balance sheet in recent years but has been mired in slow-growth businesses for the last 10 years. Both companies hope their combination will accelerate the growth of Xerox's business of managing printing and document services for corporate and government customers. With share price at $7- ish, it is good time to go long. Marcus.tan.yi.wei 14:17, September 28, 2009 (PDT)

Reference

  1. "Xerox to Acquire ACS in $6.4 Billion Deal " Article from Wall Street Journal
  2. "Xerox Buys Outsourcing Company for $6.4 Billion " Article from New York Times
(100 character max) Cancel
Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki