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Buoyed by continued strength in financial services,...

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Buoyed by continued strength in financial services, profits from continuing operations of Xerox Corp. of Stamford, Conn., were 26% higher than the same period a year ago, the company said. A one-time charge of $67 million paid to bolster the reserves of L. W. Biegler, a subsidiary of Crum and Forster, Xerox’s property and casualty insurance unit, added to the net income of continuing operations. The increased contribution to earnings by financial services in the quarter was due principally to significant growth in operating income at Crum and Forster.

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