Xerox Up on Comments
Printer and copier maker Xerox (XRX) - Get Report was up 8.5% in midday trading.
Late Tuesday Xerox said business was improving and the company was on track to return to profitability in the second half of the year. The company unveiled five new products in the "digital office" category, including high-speed network printers.
The company also announced a deal with
Mercedes-Benz
, including supplying equipment and streamlining industry data management for its U.S. operations.
Xerox expects to post a profit for the full year.
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