Want to join the conversation?
Business services provider and copier company $XRX reported a jump in 2Q16 earnings driven by lower costs and expenses. Net income rose to $155MM or $0.15 per share from $12MM or $0.01 per share last year. Revenues slid 4% to $4.39Bil. Adjusted EPS increased by $0.07 to $0.30, driven by lower tax rate, fewer shares and higher operating profits.
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.