NEW YORK, NY--(Marketwire - Nov 8, 2012) - The business equipment industry continues to flounder as the global economy stalls and spending holds remain in place. Shifting consumer preferences are further compounding the demand issues already plaguing the industry. Get your free reports on Pitney Bowes Inc. and Xerox Corp. at http://www.ShinesRooms.com/index.php?_controller=RegisterMember&_method=index. There is no commitment to join.
www.ShinesRooms.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Business Equipment industry and are offering free analytical research on Pitney Bowes Inc. (NYSE: PBI) and Xerox Corp. (NYSE: XRX). Register with us now to have free access to these research reports. Simply click on the link below.
The industry's woes are exemplified in Xerox Corp.'s recent performance. Third quarter profit tumbled 12% from the prior year and shares sank to a 52-week low on Halloween. The apparent culprits behind the recent downturn were softer-than-expected demand in Europe in combination with a difficult pricing environment. There is some upside though. Like many companies within the business equipment industry, Xerox is making progress in its efforts to become more of a service provider and may be positioned for a long-term recovery. Xerox Corp. report is accessible for free by registering today at
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Similarly, Pitney Bowes Inc. is growing its non-equipment sales but is still not quite there yet. 3rd quarter total revenues fell 6.5% from last year's primarily because of weak demand for its international mailing and software services. Pitney Bowes Inc. report is accessible for free by registering today at
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