Wary Investors, Mixed Close

The markets closed mixed with the Dow gaining 41 points to 14,799 as investors cautiously returned to the markets. Nasdaq slipped 7 points to 3357.

On the upside

Crestwood Midstream Partners (NYSE: CMLP), Crestwood Holdings, Inergy (NYSE: NRGY) and Inergy Midstream (NYSE: NRGM) completed two out of three steps to complete their merger.

A Seeking Alpha contributor wrote that Amgen (Nasdaq: AMGN) had strong pipeline of drugs due in part to its partnership with Cytokinetics (Nasdaq: CYTK).

OSI Systems (Nasdaq: OSIS) reached an agreement to settle concerns with the Department of Homeland Security related to the company's Rapiscan Secure 1000SP full body scanners.

On the downside

Nasdaq informed Biosante Pharmaceuticals (Nasdaq: BPAX) that it would be delisted for failing to comply with listing criteria.

Concerns that home sales will drop in response to a tapering of stimulus measures weighed down shares of Lumber Liquidators (NYSE: LL) and Nationstar Mortgage (NYSE: NSM).

Kindred Healthcare will not renew its contract with PharMerica (NYSE: PMC) for skilled nursing pharmacy services.

In the broad market, declining issues were on par with advancers on the NYSE while advancers edged out decliners by more than 7 to 5 on Nasdaq. The broader S&P 500 index rose 4 points to 1592.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here