Xerox

Ursula Burns isn't wasting any time. Elevated to CEO of Xerox Corp (XRX) in July, Burns, the first African-American woman to lead an S&P 100 company, has orchestrated a major takeover Xerox hopes will give it a bigger foothold in the business services space. Xerox said Monday that it would pay...

Some of the companies making headlines today: Abbott Laboratories (ABT) said Monday it has agreed to buy Solvay Group's drug business for 4.5 billion euros ($6.6 billion) in an all-cash deal. The deal gives Illinois-based Abbott full control of Solvay Pharmaceutical's cholesterol treatments and...