Markets Close Mixed Over Gain In Factory Orders

On the upside

Citisquare Group extended the deadline to purchase ten acres of land from McClatchy Co. (NYSE: MNI), which increased the termination fee the company must pay McClatchy.

Shares of MGM Mirage (NYSE: MGM) rose over excitement that the company's new Las Vegas CityCenter development will draw clients back to Las Vegas.

Reports that Macau gaming revenue climbed 10% in 2009 lifted shares of Melco Crown Entertainment (Nasdaq: MPEL).

On the downside

MannKind (Nasdaq: MNKD) engaged in discussions with the Food and Drug Administration regarding the label for its inhaled insulin Afresa.

BioMed Realty Trust (NYSE: BMR) commenced a private placement of $125 million worth of exchangeable senior notes.

Motely Fool suggested that E*Trade (Nasdaq: ETFC) may be the target of an acquisition.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE while decliners edged out advancers by nearly 5 to 4 on Nasdaq. The Russell 2000 which tracks small cap stocks slipped a point to 638.