Xerox Corp.: The Stamford, Conn.-based company reported...

Xerox Corp.: The Stamford, Conn.-based company reported a 4% increase in first-quarter net income, reflecting strong domestic revenue from its business products and the benefits of a restructuring undertaken in January. Xerox reported first-quarter net income of $158 million on revenue of $4.1 billion, compared to net income of $152 million on revenue of $3.8 billion for the same period a year ago.

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