Xerox 4Q profit plunges, misses Wall Street view (AP)

In this Oct. 23, 2008 file photo, Xerox Corporation headquarters in Norwalk, Conn. is shown. Xerox said Friday, Jan. 23, 2009, profits fell, breaking even on an earnings-per-share basis, in the fourth quarter as the weak economy and unfavorable exchange rates hurt results. (AP Photo/Douglas Healey, file)AP – Xerox Corp.’s fourth-quarter earnings plunged as the printer and copier maker booked hefty charges for layoffs and other restructuring costs, and the company on Friday forecast first-quarter profit below Wall Street expectations.

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