Trade XEROX

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    1. The company expects sales to decline roughly 5% on a constant currency basis this year due to soft demand from original equipment manufacturers and an unfavorable product-launch timing comparison. 2. Xerox has made considerable progress in trying to foster greater innovation within the business. Some reshuffling of accounts within the company should make Xerox more efficient, and with executives expecting earnings growth of as much as 10% in 2019, shareholders seem optimistic about Xerox's future.
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How would you like to trade XEROX?

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Xerox was founded in 1906 as The Haloid Photographic Company. It is an American global corporation that sells print and digital document and services in more than 160 countries. Trading with ticket XRX in the NYSE, Xerox corporation gained 42. 8% in January 2019. The company purchased Affiliated Computer Services for $6.4 billion in early 2010 and as a large developed company, it is consistently placed in the list of Fortune 500 companies.The laser printer was invented in 1969 by Xerox researcher Gary Starkweather by modifying a Xerox 7000 copier. Xerox management was afraid the product version of Starkweather's invention would negatively impact their copier business so the innovation sat in limbo until IBM launched the 3800 laser printer in 1976. Laser printing eventually became a multibillion-dollar business for Xerox.

1. The word xerox is used as a synonym for photocopy (both as a noun and a verb) in many areas of the US: for example, "I xeroxed the document and placed it on your desk". Though both are common, the company does not condone such uses of its trademark, and is particularly concerned about the ongoing use of Xerox as a verb as this places the trademark in danger of being declared a generic word by the courts. The company is engaged in an ongoing advertising and media campaign to convince the public that Xerox should not be used as a verb.

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