The markets closed flat with the Dow adding 3 points to 14,455 after Cyprus lawmakers rejected a bank deposit tax that would have funded a bailout of the island nation. Nasdaq slipped 8 points to 3229.
On the upside
Chiquita Brands International (NYSE: CQB) chief executive Edward F. Lonergan purchased 50,800 shares of company stock.
Skullcandy (Nasdaq: SKUL) named Nike digital sport general manager Hoby Darling as its new president and chief executive.
Shares of Primo Water (Nasdaq: PRMW) rose ahead of its earnings release after market close.
On the downside
The U.S. Attorney’s Office launched an investigation into Star Scientific (Nasdaq: STSI) securities transactions.
Walter Investment Management (NYSE: WAC) widened fourth quarter losses more than expected.
Goldman Sachs analyst Sal Tharani affirmed his Sell rating on Cliffs Natural Resources (NYSE: CLF) and cut his price target from $24 to $20.
In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 index lost 3 points to 1548.
The markets closed flat with the Dow adding 3 points to 14,455 after Cyprus lawmakers rejected a bank deposit tax that would have funded a bailout of the island nation. Nasdaq slipped 8 points to 3229.
On the upside
Chiquita Brands International (NYSE: CQB) chief executive Edward F. Lonergan purchased 50,800 shares of company stock.
Skullcandy (Nasdaq: SKUL) named Nike digital sport general manager Hoby Darling as its new president and chief executive.
Shares of Primo Water (Nasdaq: PRMW) rose ahead of its earnings release after market close.
On the downside
The U.S. Attorney’s Office launched an investigation into Star Scientific (Nasdaq: STSI) securities transactions.
Walter Investment Management (NYSE: WAC) widened fourth quarter losses more than expected.
Goldman Sachs analyst Sal Tharani affirmed his Sell rating on Cliffs Natural Resources (NYSE: CLF) and cut his price target from $24 to $20.
In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 index lost 3 points to 1548.
