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Stock Runners: Xerox Corporation (NYSE:XRX), Yahoo! Inc. (NASDAQ:YHOO), China Petroleum & Chemical Corp. (NYSE:SNP), Independent Bank Corporation (NASDAQ:IBCP), J. C. Penney Company, Inc. (NYSE:JCP)

Stock Runners: Xerox Corporation (NYSE:XRX), Yahoo! Inc. (NASDAQ:YHOO), China Petroleum & Chemical Corp. (NYSE:SNP), Independent Bank Corporation (NASDAQ:IBCP), J. C. Penney Company, Inc. (NYSE:JCP)
Written by
Charles Donlon
Published on
October 20, 2014
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Xerox Corp. (NYSE: XRX) on 03 October 2014 announced its acquisition of Consilience Software, Inc., an Austin-based company providing case management and workflow automation software to the public sector. Consilience's proprietary Maven Case Management System uses data and process analytics to help government agencies extract more value from their information. The intelligent case management system automates workflows for document- and labor-intensive processes and integrates previously siloed legacy systems for accelerated decision making. Maven can improve agency efficiency with more accurate planning, improved reporting and program evaluation, and enhanced fraud detection and prevention. Xerox Corporation (NYSE:XRX) in last trading activity advanced 2.01% to close at $12.68. Company weekly performance is 1.12% while its quarterly performance stands at -1.71%. Xerox Corporation (NYSE:XRX) is -9.99% away from its 52 week high.After Alibaba IPO, Yahoo! Inc. (NASDAQ:YHOO) needs to focus on the fundamentals, to ensure investors’ interest in the company. Its stake sale in Alibaba helped it raise $5.1 billion after-tax. The company has significant cash pool and yet it has delivered more than 5% negative returns year-to-date. On last trading day Yahoo! Inc. (NASDAQ:YHOO) advanced 0.87% to close at $38.45. Its volatility for the week is 3.00% while volatility for the month is 3.17%. YHOO's sales growth for past 5 years was -8.30% and its EPS growth for past 5 years was 34.20%. Yahoo! Inc. (NASDAQ:YHOO) monthly performance is -8.65%.China Petroleum & Chemical Corp (NYSE:SNP) has received a consensus recommendation of “Hold” from the eight ratings firms that are presently covering the stock. On last trading day China Petroleum & Chemical Corp. (NYSE:SNP) advanced 1.31% to close at $85.36. Its volatility for the week is 1.77% while volatility for the month is 1.39%. SNP's sales growth for past 5 years was 14.80% and its EPS growth for past 5 years was 19.60%. China Petroleum & Chemical Corp. (NYSE:SNP) monthly performance is -5.92%.Independent Bank Corp (NASDAQ:INDB), parent of Rockland Trust Company, has reported a 7.39 percent climb in earnings for the quarter ended Sep. 30, 2014. The company earned $15.74 million or $0.66 a share in the third quarter compared with $14.66 million or $0.64 a share, a year ago. - See more at: http://www.myiris.com/newsCentre/storyShow.php?fileR=20141017140535755&dir=2014/10/17&secID=useqtnews#sthash.PgNvQDSA.dpuf Independent Bank Corporation (NASDAQ:IBCP) has 1.00% insider ownership while its institutional ownership stands at 79.10%. In last trading activity company's stock closed at $11.84.Today, JC Penney Company, Inc. (NYSE:JCP) announced that it has named former Home Depot HD +1.53% head of stores Marvin Ellison as CEO; and last week, Gap’s digital leader, Art Peck, was tapped to succeed outgoing CEO, Glenn Murphy. On Friday shares of J. C. Penney Company, Inc. (NYSE:JCP) closed at $7.25. Company's sales growth for last 5 years was -8.50%.

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