The consumer goods sector closed the day up 0.6%. Cycle Country Accessories Corporation ( ATC), Glg Life Tech ( GLGL), Alico Inc ( ALCO), and Frederick's of Hollywood Group Inc ( FOH) were all decliners today within the consumer goods sector with Xerox Corporation ( XRX) being today's featured consumer goods loser. Xerox Corporation fell 5 cents (-0.7%) to $7.43 on light volume. Throughout the day, 11.9 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 17.3 million shares. Xerox Corporation engages in the development, manufacture, marketing, service, and finance of document equipment, software, solutions, and services worldwide. The company operates in three segments: Technology, Services, and Other. Xerox Corporation has a market cap of $10.1 billion and is part of the consumer durables industry. TheStreet Ratings rates Xerox as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself.
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