Continue reading Xerox (XRX) reports loss during first-quarter on legal settlement

Xerox (XRX) reports loss during first-quarter on legal settlement originally appeared on BloggingStocks on Fri, 18 Apr 2008 09:35:00 EST. Please see our terms for use of feeds.

Michael Fowlkes has worked as a stock trader for seven years and spent the last two years working as an analyst for the online investment advisory service Investor's Observer

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Poor earnings push Lexmark (LXK) shares down originally appeared on BloggingStocks on Tue, 23 Oct 2007 13:17:00 EST. Please see our terms for use of feeds.

This strategy has invited competitors to take a different approach. Earlier this year, Eastman Kodak Co. (NYSE: EK) unveiled new printers that cost a bit more upfront but use much cheaper ink. Today, Xerox Corporation (NYSE: XRX) announced that it will sell a new printer that costs more than a laser printer but produces color copies for the same cost as black and white. If you've ever had to buy new color ink cartridges, you know that this is a big improvement.

The new machine uses Xerox's solid-ink technology that reduces per page costs by as much as 80%, according to today's New York Times. Kodak has found that people print more when they know that pages, especially color pages, are cheaper. Some analysts are skeptical that companies are willing to abandon HP for cheaper color copies, and that HP's 40% market share is safe. But a test program for the new Xerox machine at a real estate company that prints lots of color brochures found that annual copying and printing costs were reduced from $1 million to $200,000. I think a lot of companies will have trouble saying no to savings like that.

Xerox (XRX) battles Hewlett-Packard (HPQ) in printer market originally appeared on BloggingStocks on Mon, 24 Sep 2007 11:34:00 EST. Please see our terms for use of feeds.

Tyco International Ltd. (NYSE:TYC) -- Tyco, which is being split into three companies, reported better-than-expected quarterly results. Net income rose 43 percent to $793 million, or 39 cents per share, compared with $556 million, or 27 cents. Revenue rose 8 percent to $10.3 billion. Profit from continuing operations was 45 cents, 1 cent better than Wall Street expectations, according to Reuters. Revenue was seen at $10.27 billion, the wire service said.

Ford Motor Co. (NYSE:F) -- Ford is bringing back the Taurus brand, according to Dow Jones Newswires. The struggling automaker will announce Wednesday at the Chicago auto show that its Ford Five Hundred mid-size sedan will be renamed after the once best-selling model, the wire service said. Chief Executive Alan Mulally has been a fan of the Taurus brand and there's been speculation in the press about its return, Dow Jones said. In other news, U.S. investors Nelson Peltz is reportedly the front runner to buy Ford's Aston Martin unit.

Wal-Mart Stores Inc. (NYSE:WMT) -- Wal-Mart became the latest company to offer downloads of movies and television shows. New movies will be available on the day of the DVD release for $12.88 to $19.88 with catalog titles starting at $7.50. TV shows will be $1.96 per episode. Kevin Swint, Wal-Mart's merchandise manager for digital media, called the new service "an unprecedented offering of video content, features and capabilities currently unmatched in the market." It has the support of major Hollywood studios.

Eastman Kodak Co. (NYSE:EK) -- Eastman Kodak Co. (NYSE:EK) is taking on Hewlett-Packard Co. (Nasdaq:HPQ) in the printer market. The film company today introduced a line of desktop printers and low-cost replacements inks.

Before the bell 2-06-07: Tyco, Ford, Wal-Mart, Kodak originally appeared on BloggingStocks on Tue, 06 Feb 2007 07:50:00 EST. Please see our terms for use of feeds.