Xerox Copies the Competition
Excerpt from the InvestorGuide.com Stock of the Day on 9/28/2009

Xerox Inc. agreed to buy Affiliated Computer Services Inc. (ACS: Charts, News, Offers) for $6.4 billion today. The deal marks the biggest acquisition ever for Xerox, and is also the company's first major move under its new CEO, Ursula Burns. These types of company mergers have become very popular lately in the business technology industry. Dell (DELL: Charts, News, Offers) just bought Perot Systems Inc. (PER: Charts, News, Offers) last week while Hewlett-Packard (HPQ: Charts, News, Offers) started the trend with its acquisition of Electronic Data Systems (EDS: Charts, News, Offers) a year earlier. Most of Xerox's competitors have already made similar strategic maneuvers as Xerox Inc.'s recent ACS purchase, but does that make it the right move for Xerox? More >

Boeing's Profit Skys Up
Excerpt from the InvestorGuide.com Stock of the Day on 7/22/2009

The Boeing Company (BA: Charts, News, Offers) beat out Wall Street expectations this quarter with a 17% rise in profit. The world's second-largest commercial plane manufacturer saw its earnings increase from $852 million a year ago to $998 million. It also managed to boost its total revenue by 1% to $17.15 billion. However, Boeing also announced its fifth release date delay of its next-generation, commercial aircraft, the 787 Dreamliner. How was Boeing able to garner such impressive quarter results? What are the long-term ramifications of yet another delay to the Dreamliner project? More >

Xerox Forced to Cut Quarterly Forecast
Excerpt from the InvestorGuide.com Stock of the Day on 3/20/2009

Xerox announced today that it will be reducing its first quarter earnings forecast by nearly 80%. The copier and printer giant officially adjusted its expected earnings per share from the range of 16-18 cents to 3-5 cents for the first quarter. The firm also acknowledged an 18% decrease in revenue from January to February in 2009. On a positive note, the Xerox Corporation did state that it is focused on eliminating its total debt and is still on pace to accumulate $250 million in savings this year. It seems Xerox, like most companies, is being hit hard by the floundering economy. Even with that in mind, how was Xerox's forecast off by so much? What recent developments have forced Xerox to make such a drastic adjustment to its quarterly forecast? More >