Orlando, FL -- (SBWIRE) -- 10/28/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Macy's, Inc. (NYSE:M), Xerox Corporation (NYSE:XRX).
Macy's, Inc. (NYSE:M) shares fell 0.47% to $44.89 in the last trading session. The board of directors of Macy's on Oct. 25 declared a regular quarterly dividend of 25 cents per share on Macy's common stock, payable January 2, 2014, to shareholders of record at the close of business on December 13, 2013.
Additionally, Macy's and Bloom Energy on Oct. 18 announced that an innovative and clean electricity generation system has been installed at Macy's online fulfillment center in Cheshire, CT. The Bloom Energy Servers use an advanced solid oxide fuel cell technology to produce electricity on-site. In addition to providing base load 24x7 power to the facility, the Bloom Energy Servers are equipped with an uninterruptible power module which provides business continuity during grid outages.
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Xerox Corporation (NYSE:XRX) shares gained 1.04% and closed at $9.71. The company on Oct. 24 said it forecasted adjusted earnings per share from continuing operations of 28 to 30 cents for the fourth quarter, below analysts' expectations of 33 cents. Revenue from the business grew 3% to $2.94 billion in the third quarter. Adjusted net income from continuing operations attributable to Xerox rose to 26 cents per share, from 25 cents per share a year earlier. Analysts had expected earnings of 25 cents per share.
Additionally, Continuing a long-term relationship, the U.S. Navy on Oct. 23 has awarded Xerox (NYSE:XRX) a ten-year contract worth $94 million for the onboard document needs of its vessels worldwide. The Navy will look to Xerox for the installation, training and supplies procurement of the multifunction printers (MFPs) and production devices across its fleet. Eighteen Xerox technicians will be deployed with the ships to provide onboard document management services and support.
Is XRX going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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