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Wednesday 13 May 2015
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4 Hot Stocks of Friday: Xerox Corporation, (NYSE:XRX), BOJANGLES’, (NASDAQ:BOJA), The Walt Disney Company, (NYSE:DIS), Occidental Petroleum Corporation, (NYSE:OXY)

On Friday, Shares of Xerox Corporation (NYSE:XRX), gained 0.44% to $11.37.

Xerox Corporation, declared the appointment of Bruce W. Jones as group president of its Financial Services Business.

Reporting to Bob Zapfel, president of Xerox Services, Jones will lead Xerox’s global financial services industry business group, which serves clients in the banking and capital markets, professional services and insurance industries.

The company’s new go-to-market operating model focuses on serving clients through specific industry verticals and world-class delivery capabilities. This combination enables Xerox to offer each client our full business services portfolio, which comprises customer care, human resource outsourcing, professional services and transaction processing, among others. The model also applies global best practices across business sectors, leveraging industry knowledge and greater use of automation and analytics – all with the aim of assisting our clients better manage their critical business processes.

Xerox Corporation provides business process and document administration solutions worldwide. The company’s Services segment offers various business process outsourcing services, such as customer care, transaction processing, human resources, communication and marketing, and consulting and analytics services, in addition to finance, accounting, and procurement services.

Shares of BOJANGLES’, INC. (NASDAQ:BOJA), surged 25% to $23.75, during its last trading session, hitting its highest level.

Nasdaq (NDAQ) declared that trading of BOJANGLES’, commenced on The Nasdaq Stock Market on May 8, 2015.

Bojangles’ is a restaurant dedicated to serving customers high-quality, craveable Southern food. Since its founding in 1977, Bojangles’ has built a cult-like following due to its unique menu that honors traditional Southern recipes counting its made-from-scratch biscuits baked every 20 minutes, fresh, never-frozen bone-in fried chicken, unique fixin’s and Legendary Iced Tea. Bojangles’ boasts more than 600 locations in 10 states, primarily in the Southeast, and the District of Columbia in addition to three international restaurants.

“Bojangles’ excels in its fast-casual quality food and quick service speed creating a convenience and value for its customers,” said Nelson Griggs, Executive Vice President, Listing Services at Nasdaq. “We congratulate Bojangles’ on its initial public offering and we look forward to celebrating more milestones with them in the years to come.”

At the end of Friday’s trade, Shares of The Walt Disney Company (NYSE:DIS), gained 0.78% to $110.11.

Jay Rasulo, Senior Executive Vice President and Chief Financial Officer, and Lowell Singer, Senior Vice President, Investor Relations, The Walt Disney Company, will take part in a question-and-answer session at the 2nd Annual Moffett Nathanson Media & Communications Summit on Wednesday, May 13, 2015 at about 11:00 a.m. EDT/ 8:00 a.m. PDT.

The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive. The Media Networks segment operates broadcast and cable television networks, domestic television stations, and radio networks and stations; and is involved in the television production and television distribution operations.

Finally, Occidental Petroleum Corporation (NYSE:OXY), ended its last trade with 0.37% gain, and closed at $77.90.

Occidental Petroleum Corporation, declared core income for the first quarter of 2015 of $31 million ($0.04 per diluted share), contrast with $560 million ($0.72 per diluted share) for the fourth quarter of 2014 and $1.1 billion ($1.38 per diluted share) for the first quarter of 2014. The first quarter of 2015 had a stated loss of $218 million ($0.28 per diluted share), contrast with a loss of $3.4 billion ($4.41 per diluted share) for the fourth quarter of 2014 and stated income of $1.4 billion ($1.75 per diluted share) for the first quarter of 2014. The first quarter of 2015 comprised of non-core charges of $249 million, comprised mainly of asset impairment charges for certain domestic and international assets.

Cash flow from ongoing operations before working capital changes was about $1.1 billion for the first quarter of 2015. Working capital changes of $0.6 billion were a result of lower realized prices, which influenced receivable collections and payments related to higher capital and operating spending accrued in the fourth quarter of 2014, but not paid until the first quarter of 2015. Total company capital expenditures for the first quarter of 2015 were $1.7 billion. The Oil and Gas segment spent $1.5 billion, with Permian Resources expenditures representing nearly 50 percent of the total expenditures, and the remaining $200 million was split between the Chemical and Midstream segments.

Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other.

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