Indications that the Federal Reserve may begin tapering its bond buying program soon weighed the markets down to a lower close with the Dow falling 66 points to 15,900. Nasdaq lost 10 points to 3921.
On the upside
Zynga (Nasdaq: ZNGA) was victorious in its suit against Personalized Media Communications.
Post Holdings chief executive Bill Stiritz increased his stake in Herbalife (NYSE: HLF) from 5.3% to 6.4%.
Goldman Small Cap Research initiated coverage of China Recycling Energy (Nasdaq: CREG).
On the downside
China Ming Yang Wind Power Group (NYSE: MY) fell to a loss for the third quarter.
Demandware (NYSE: DWRE) priced its public offering of more than 3.31 million common shares at the discounted price of $57.00 per share.
Ceragon Networks (Nasdaq: CRNT) announced a proposed public offering of common stock.
In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 6 points to 1781.
