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Xerox reports drop in revenue, earnings (access required)

Amid turmoil among Xerox Corp. leaders and shareholders, the company last week reported a first quarter drop in revenue and earnings, missing Street estimates. The document company reported revenue for the quarter of $2.44 billion, down 0.8 percent from $2.45 billion in the year-ago quarter. Net income for the quarter was $23 million, down from $40 ...
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