Xerox’s profit was up 26%to $154 million...
Xerox’s profit was up 26%to $154 million in the second quarter. Improved results in both business products and financial services were credited by the Stamford, Conn., company. Revenue was up 12%. Xerox noted that financial services benefited from gains in insurance underwriting and a stronger performance in its credit company’s activities. Good revenue growth and expense control improved profits in business products and systems.
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