Why Is Xerox Stock Going Up? [Seeking Alpha]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
citigroup.com/citi/investor/pres.htm
Company Research
Source: Seeking Alpha
Summary Xerox stock has risen 20% in the current quarter, three times the S& P 500 performance. Major changes are being made to reduce the cost of sales and operating expense. The new CEO expects to develop product to expand the current market niche making Xerox a buy. With a new CEO, Xerox ( XRX ) stopped providing a projection of revenue and income for this year. Despite that, the stock has gone up 20% since July began, three times faster than the S&P 500. Xerox is out from under the failed takeover by Fuji Xerox ( OTCPK:FUJIY )-(OTCMKTS). It is becoming a normal business with strong cash flow. In late fourth quarter (2018) or early first quarter (2019), it will present the plans and objectives for the business. The plans need to show new products that will increase revenue along with better product sourcing. Operational changes will increase efficiency and lower cost. After two years of flat operating income, this appears achievable therefore making Xerox a buy.
Show less
Read more
Impact Snapshot
Event Time:
C
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
C alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
C alerts
High impacting Citigroup, Inc. news events
Weekly update
A roundup of the hottest topics
C
News
- Seoul to Unveil Property Debt Measures Next Week [BNN Bloomberg (Canada)]BNN Bloomberg
- Hasbro Announces Pricing of Public Offering of Notes [Yahoo! Finance]Yahoo! Finance
- Citi Makes Strategic Investment in Cicada to Facilitate Institutional e-Trading of Mexican Government BondsBusiness Wire
- Demand for Italian Retail Bonds Sags in Sign of Buyer Fatigue [Yahoo! Finance]Yahoo! Finance
- Demand for Italian Retail Bonds Sags in Sign of Buyer Fatigue [BNN Bloomberg (Canada)]BNN Bloomberg
C
Earnings
- 4/12/24 - Beat
C
Sec Filings
- 5/10/24 - Form 424B3
- 5/10/24 - Form 424B2
- 5/10/24 - Form 424B3
- C's page on the SEC website