Investors stayed on the sidelines as civil demonstrations in numerous Middle Eastern countries arose in the aftermath of Egyptian President Hosni Mubarak's resignation. The markets closed flat with the Dow easing 5 points to 12,268 while Nasdaq rose 7 points to 2817.
On the upside
K-V Pharmaceutical (NYSE: KVA) will raise approximately $32 million through a private placement of common stock.
VeriFone Systems (NYSE: PAY) introduced its next generation PAYware Mobile Service bringing international payment standards to smart phones.
