The markets closed mixed with the Dow easing 8 points to 15,291 after the Federal Reserve indicated that it would most likely slow its bond purchasing program at the end of 2013 with a probable end to the program in mid-2014. Nasdaq gained 16 points to 3520.
On the upside
NII Holdings (Nasdaq: NIHD) announced Monday after market close that it partnered with Motorola Mobility to offer an advanced Push-to-Talk service in the United States.
Caesers Entertainment (NYSE: CZR) will offer $1.18 billion worth of stock in its online gambling business.
Endeavour International (NYSE: END) hosted an operational update conference call this morning.
On the downside
Entravision Communications (NYSE: EVC) will offer online streaming for 42 of its radio stations through the Abacast Clarity Digital Radio System.
TheStreet expects GTx (Nasdaq: GTX) to report disappointing results from two Phase III studies of its muscle wasting drug enobosarm.
FLY Leasing (NYSE: FLY) will sell $160 million worth of American Depositary Shares through a public offering.
In the broad market, advancing issues outpaced decliners by a margin of more than 10 to 9 on the NYSE and by 7 to 5 on Nasdaq. The broader S&P 500 index held steady at 1652.
