Orlando, FL -- (SBWIRE) -- 10/24/2013 -- 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 Xerox Corporation(NYSE:XRX), ZyngaInc(NASDAQ:ZNGA).
Xerox Corporation(NYSE:XRX) shares fell 2.10% and closed at $10.73. The company has been placed by Gartner, Inc., in the Leaders Quadrant of the 2013 Magic Quadrant for Managed Print Services (MPS) Worldwide. To further strengthen Xerox's offering, the company has blended its technology and document management expertise with its business process and IT outsourcing capabilities to help clients simplify how they work.
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.
Are investors worried about the recent updates with XRX? Find out with a free trend analysis HERE
ZyngaInc(NASDAQ:ZNGA) shares declined 2.61% to $3.55. The company is expected to book a wider loss than a year ago when it reports third quarter earnings on Thursday, October 24, 2013 with analysts expecting a loss of nine cents per share, down from a loss of three cents per share a year ago.
The consensus estimate hasn’t changed over the past month, but it’s down from three months ago when it was a loss of five cents. For the fiscal year, analysts are expecting a loss of 22 cents per share. After being $316.6 million a year ago, analysts project revenue to drop 55% year-over-year to $141.8 million for the quarter. For the year, revenue is projected to come in at $722.7 million.
Is ZNGA going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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