Flat Close Over Disappointing Jobs Data

The markets closed flat with the Dow slipping 14 points to 14,922 as fewer than expected jobs were created in August. Nasdaq added a point to 3660.

On the upside

LTX-Credence (Nasdaq: LTXC) will pay approximately $93.5 million to acquire the Multitest and Everett Charles Technologies businesses of Dover (NYSE: DOV).

Kongzhong (Nasdaq: KONG) will begin its 2nd Closed Beta Test of Guild Wars 2 in China on Tuesday, September 17, 2013.

Korn/Ferry International (NYSE: KFY) reported higher second quarter earnings and revenue that beat expectations.


On the downside


Several law firms have launched investigations in MiMedx Group (Nasdaq: MDXG) for securities law violations.


Emeritus (NYSE: ESC) cut its annual guidance for cash flow from facility operations.

Shares of KiOR (Nasdaq: KIOR) continued falling.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE while decliners edged out advancers by a margin of nearly 10 to 9 on Nasdaq. The broader S&P 500 held steady at 1655.

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