The markets recovered from earlier losses but still closed lower with the Dow falling 51 points to 11,993 as investors grappled with the economic impact of the devastating earthquake and tsunami that struck Japan on Friday. Nasdaq dropped 14 points to 2700.
On the upside
Lextron will pay approximately $111 million to take Animal Health International (Nasdaq: AHII) private.
Speculation that solar power will replace nuclear power in Japan lifted shares of silicon wafer company MEMC Electronic Material (NYSE: WFR).
Possible radiation leaks at Japan's Fukushima Dai-ichi nuclear power plant lifted shares of Cleveland BioLabs (Nasdaq: CBLI), which makes drugs to treat radiation exposure.
On the downside