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Stock Market & Financial Investment News

News Breaks
August 20, 2014
07:10 EDTXRXXerox seeing positive momentum in services, says Piper Jaffray
Piper Jaffray says recent meetings with management indicate Xerox is seeing position momentum in services. Piper sees catalysts for services revenue growth acceleration over the next four quarters and raised its price target for Xerox shares to $15 from $14. The firm reiterates an Overweight rating on the stock.
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November 17, 2014
19:11 EDTXRXXerox management to meet with Piper Jaffray
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November 12, 2014
10:03 EDTXRXXerox to invest in HealthSpot, terms not disclosed
Xerox is investing in HealthSpot, Inc., a pioneer in patient- and provider-driven healthcare technology. The investment enables groundbreaking telehealth to be delivered to patients in convenient locations nationwide. Xerox is also partnering with HealthSpot to combine its software platform with Xerox’s business process services expertise. As the exclusive BPO provider, Xerox will deliver cloud hosting, system integration, claims eligibility and claims submissions solutions.

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