Xerox Corp.: The document processing, insurance and...
From Times Staff and Wire Reports
Xerox Corp.: The document processing, insurance and financial services company reported first-quarter net income of $116 million, contrasted with a $254-million loss in the 1990 quarter, which included a $367-million charge for discontinuing some operations. Operating income for the latest quarter was 3% higher than last year’s $113 million. Revenue inched up 1% to $4.21 billion. The Stamford, Conn.,
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