Mixed Close Over Stimulus Concerns

The markets closed mixed with the Dow losing 26 points to 15,091 despite an unexpected gain in April retail sales as investors worried that the Federal Reserve will soon end its economic stimulus measures. Nasdaq added 2 points to 3438.

On the upside

Juniper Investment offered a premium of between $69.9 to $71.4 million to acquire Theragenics (NYSE: TGX).


Canaccord Genuity analyst Bobby Burleson lifted his price target on 3D Systems (Nasdaq: DDD) to $50 from $45.


Advanced Micro Devices (NYSE: AMD) introduced its AMD Open 3.0 servers that provide premium performance at 57% lower cost.


On the downside


Insider Monkey wrote that a Microsoft (Nasdaq: MSFT) employee denied rumors that the company was preparing to acquire Nook Media from Barnes & Noble (NYSE: BKS).


Nielsen (NYSE: NLSN) announced a secondary public offering of 35 million common shares.


The Law Offices of Howard G. Smith announced a June 24, 2013 lead plaintiff deadline in its class action lawsuit against Magnum Hunter Resources (NYSE: MHR).

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 index held steady at 1633.

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