05-03-2017 21:15 via yahoo.com

Xerox shares look cheap even with stock's 2017 jump: Barron's

Armed with a hefty dividend, Xerox Corpshares look cheap even as they have shot up this year following the company's spin-off of its business processing business, according to an article in Barron's.The article says the printing and copying company's new CEO wants to shift toward more small and midsize corporate customers and Xerox has undertaken a major cost-cutting program, while the shares offer a 3.4 percent dividend yield.The article cites a portfolio manager for investment advisor ValueWor
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