Stocks Close Flat, Nasdaq Near 4000

U.S. stocks closed little changed on Monday, erasing moderate gains that came after a deal with
Iran that boosted investors’ appetite for risk. The Dow Jones industrial average rose 7.77 points
or 0.05 percent, to 16,072.54, the S&P 500 lost 2.28 points or 0.13 percent, to 1,802.48 and the
Nasdaq Composite added 2.92 points or 0.07 percent, to 3,994.57.

Private equity firm Silver Lake is proceeding with an auction for its information technology
management company Serena Software Inc after talks aimed at selling Serena to its technology peer
Attachmate Corp ended, according to people familiar with the matter.

Royal Bank of Scotland has appointed law firm Clifford Chance to conduct an inquiry into the
treatment received by small business customers in financial distress, responding to suggestions it
closed down viable businesses too quickly.

Apple Inc has boughtIsrael-based PrimeSense Ltd, a developer of chips that enablethree-dimensional
machine vision, the companies said on Monday,a move that signals gesture-controlled technologies
in newdevices from the maker of iPhones and iPads.

Chrysler Group LLC, the No. 3 U.S. automaker, has abandoned plans for an initial public offering
this year so it can sort out a U.S. tax issue, according to two sources familiar with the process.

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