29-07-2016 13:28 via uk.news.yahoo.com

Xerox's profit tops estimates on lower restructuring costs

(Reuters) - Xerox Corp reported a higher-than-expected quarterly profit as the printer and copier maker recorded lower restructuring charges. The company, which is splitting into two to separate its printer and business process outsourcing businesses, took $71 million in restructuring and related charges in the second quarter, less than the $100 million it estimated in April. Xerox left its full-year estimate for restructuring and related charges unchanged at about $300 million and said it was o
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