Xerox Corp. (XRX) Tops Q2 EPS by 5c; Reaffirms Outlook

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Xerox Corp. (XRX) Updates on Expected Separation Costs

July 29, 2016 6:52 AM EDT

Xerox Corp. (NYSE: XRX) provided an update on estimated costs associated with its planned separation into two independent, publicly traded companies. The company now expects to incur one-time separation costs of $175 to $200 million pre-tax, which is lower than its previous estimate of $200 to $250 million. Xerox... More