Xerox Corporation (NYSE:XRX) is up 1.58%
to $11.27. The company said on
Thursday that its third-quarter net income more than doubled to $250 million,
or 17 cents a share, compared to $123 million, or 14 cents a share a year ago.
Analysts
polled by FactSet Research had expected the firm to report earnings of 21 cents
a share on revenue of $5.48 billion.
The
company also said in a press release on Thursday that it now expects 2011
full-year adjusted earnings per share of $1.05 to $1.10, up from 95 cents to
$1.05 per share previously.
Shares of Cirrus Logic, Inc.
(NASDAQ:CRUS) plunged 13.63% to $14.10. The company reported fiscal
second-quarter net income of 42 cents, or an adjusted 40 cents, against 10
cents a year earlier. A survey of analysts by FactSet was estimating 42 cents.
The stock opened at $14.40 and is trading within the range of $13.92-$16.45.
The average daily volume of the stock is 6.26 million shares.
The 52-week range of the stock is $4.51-$21.20.
Apple
Inc. (NASDAQ:AAPL) went up 0.86% to $313.20. Yesterday, Reuters
reported that Apple Inc. unveiled its Mac laptop, fusing features from its
iPhone and iPad with its traditional line of personal computers.
The
stock went up more than 47% year-to-date.
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