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Xerox Surges on Lexmark Deal but Can’t Budge CE 100 Index
- The CE 100 Index barely budged in a shortened trading week.
- Xerox shares surged by 9% after announcing a deal to acquire Lexmark International for $1.5 billion.
- Communications names were broadly lower, with the segment slipping 1.7%.
- Walmart faced a lawsuit from the Consumer Financial Protection Bureau (CFPB) related to accounts opened without gig economy drivers' consent.
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