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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.
News For XRX From The Last 14 Days
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April 27, 2015
07:25 EDTXRXXerox legacy contracts costing more than expected, says Brean Capital
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07:13 EDTXRXUBM Tech to hold a conference
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April 24, 2015
09:20 EDTXRXOn The Fly: Pre-market Movers
UP AFTER EARNINGS: eHealth (EHTH), up 24.7%... Starbucks (SBUX), up 4.2%... Microsoft (MSFT), up 5.2%... Google (GOOG, GOOGL), up 3.2% and up 3.7%, respectively... Amazon (AMZN), up 12% after reporting quarterly results and announcing shopping app for Apple Watch... Gigamon (GIMO), up 16.5%... Juniper Networks (JNPR), up 6.6%. ALSO HIGHER: Molycorp (MCP), up 10.2% following a Bloomberg report that China's export tax decision may boost rare earth demand... Mattel (MAT), up 4.4% after being upgraded to Buy from Neutral at Goldman... Innocoll (INNL), up 13.1% after 3.3M share Secondary priced at $9.00... Cytosorbents (CTSO), up 9.7% after CEO comments on CytoSorb in letter to shareholders. DOWN AFTER EARNINGS: Biogen (BIIB), down 4.7%... Altera (ALTR), down 1.7%... Pandora (P), down 4%... ResMed (RMD), down 8.7%... Xerox (XRX), down 4.7%... HomeAway (AWAY), down 3.6% after reporting quarterly results and departure of officers. ALSO LOWER: Ubiquiti (UBNT), down 14.4% following CFO resignation and preliminary third quarter results... 3D Systems (DDD), down 10.4% after reporting preliminary first quarter results... StemCells (STEM), down 23.2% after filing to sell common stock... Aerie Pharmaceuticals (AERI), down 54.7% after Rhopressa Phase 3 trial did not meet primary endpoint.
09:17 EDTXRXXerox falls after results
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07:04 EDTXRXXerox sees FY15 free cash flow from ops $1.3B-$1.5B
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07:04 EDTXRXXerox sees Q2 adjusted EPS 21c-23c, consensus 25c
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07:04 EDTXRXXerox cuts FY15 adjusted EPS view to 95c-$1.01 from $1.00-$1.06
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07:03 EDTXRXXerox reports Q1 adjusted EPS 21c, consensus 21c
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April 23, 2015
15:01 EDTXRXNotable companies reporting before tomorrow's open
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April 20, 2015
15:00 EDTXRXXerox selected by New York for $564.9M Medicaid system contract
Xerox announced it will work with the state of New York to update its Medicaid claims processing system under a $564.9M, five-year contract with the New York State Department of Health. Under the pact , Xerox will implement its Health Enterprise solution to help manage expanding Medicaid rolls. New York Medicaid currently serves over 6M people, the company noted.

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