This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Xerox Is More Than Making Copies

NEW YORK ( TheStreet) -- "Let me Xerox (XRX - Get Report) that article for you." The words slipped off my tongue from a bygone era, when a friend told me he enjoyed reading an article that was sitting on my kitchen counter when he last visited.

What I was saying was, "I'll step into my office a make you a copy of it" but force of habit prevailed. That reminded me the word "Xerox" was, for decades, synonymous with document copiers, fax machines and even printers. Mercy me, how times have changed.

Today Xerox still has its brand name, but it has widened its menu of products and services by leaps and bounds. I visited the company's eye-pleasing Web site to get a feel for how wide that menu really is.

Founded in 1906 and employing about 140,000 people as of 2012, XRX has invested in its intrinsic value through an innovative corporate culture that emphasizes research and development. This is partly reflected in its cache of over 10,700 active patents and the following corporate self-description:

For more than a half a century, Xerox has been a leader in document technology and services. We continue to build on this heritage of innovation. Through our acquisition of Affiliated Computer Services, we now are the world's leading enterprise for business process and document management, offering global services from claims reimbursement and automated toll transaction to customer care centers and HR benefits management.

The "new Xerox" has focused its resources on innovation, service and empowering its customers to focus on what matters most to them. It interacts with its diversified client base using a partnering attitude that connotes that XRX wins only if its customers win, too.

Ursula M. Burns is chairman and chief executive of Xerox, which she joined in 1980 as a mechanical engineering summer intern. Burns was named CEO in July 2009, just prior to XRX making the largest acquisition in its history, the $6.4 billion purchase of Affiliated Computer Services.

This big step gave the company its presence in the $500 billion business services market and extended the company's reach into diverse areas of business process and information technology outsourcing.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
XRX $10.36 3.80%
AAPL $110.72 -0.53%
FB $92.40 -0.43%
GOOG $642.24 -0.50%
TSLA $231.83 -4.00%


Chart of I:DJI
DOW 16,912.29 +122.10 0.73%
S&P 500 1,995.83 +15.91 0.80%
NASDAQ 4,791.1520 +42.7910 0.90%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs