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On January 25, 2012, Xerox Corporation (NYSE: XRX) announced fourth-quarter 2011 results that include adjusted earnings per share of 33 cents, up 14% from fourth-quarter 2010, and $1.3 billion in operating cash flow. Adjusted EPS excludes 7 cents related to amortization of intangibles, resulting in GAAP EPS of 26 cents.
On February 22, 2012, Xerox's (NYSE: XRX) Board of Directors declared a quarterly cash dividend of 4.25 cents per share on Xerox common stock.
On March 15, 2012, Xerox (NYSE: XRX) closed on its offering...
On July 2, 2012, Xerox (NYSE: XRX) announced the acquisition of Lateral Data, a leading e-discovery technology provider, for $30 million.
On July 11, 2012, Xerox (NYSE: XRX) signed a definitive agreement to acquire WDS.
On July 20, 2012, Xerox (NYSE: XRX) announced second quarter 2012 adjusted earnings per share of 26 cents.
On October 23, 2012, Xerox (NYSE: XRX) announced third-quarter 2012 adjusted earnings per share of 25 cents, which excludes 4 cents related to the amortization of intangibles, resulting in GAAP earnings of 21 cents per share.
I don’t normally comment on individual stocks in this particular blog, but the MGIC situation represents a basic investment principle that is worthy of discussion here.
Read More.Price-to-Earnings ratios are probably the most widely used tool for comparing the relative values of different stocks.
Read More.This question comes up frequently when the market takes a dip.
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