Xerox to buy ACS in $6.4 billion deal

Date: Monday, September 28, 2009

Xerox to buy ACS in $6.4 billion deal

Xerox to buy Affiliated Computer Systems for $6.4 billion in cash and
stock as the copy machine maker looks to bolster its position in
providing business services.

TREASURYS ADVANCE AS BANKS, FUND MANAGERS BUY IN

Treasurys inch higher, sending yields lower, on lingering appetite for the
safety of government debt and quarter-end window dressing.

U.S. STOCK MARKET MOVES COULD SIGNAL A CORRECTION

As the third quarter nears its close, the U.S. stock market is poised for
another double-digit advance even as investors pull out of financials
into more defensive plays in a trend that could mark a market
correction.

TECHS ADVANCE, LED BY CISCO

The tech sector rally gains momentum, as Cisco Systems posts strong
gains after Barclays Capital upgrades the networking giant to
overweight.