Xerox Corporation (NYSE:XRX) is
up 1.58% to $11.60. 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.
Cirrus
Logic, Inc. (NASDAQ:CRUS) fell 3.18% to $12.80. The company
yesterday 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 $13.25 and was trading within the
range of $12.75-$13.37. The average daily volume of the stock is 7.33 million
shares.
The 52-week range of the stock is $4.51-$21.20.
Apple
Inc. (NASDAQ:AAPL) went up 0.45% to $308.84. Last week, 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 45% year-to-date.
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