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Morning Business News

Stocks change little during election wait

Stocks meandered in light trading and then closed little changed Tuesday as investors held their bets to await direction from a cliffhanger presidential election.

Blue chips fluctuated in and out of positive territory as financial, defense and health care stocks gave back some of their gains from Monday. Technology stocks were volatile for a second day, pulled lower by concerns related to Cisco Systems’ earnings.

U.N. Dollars logs onto Web in $2 M deal

Jacksonville-based U.N. Dollars, which has been making investments in oil-and-gas businesses, said Tuesday it acquired an Internet company called Slide9 Networks Inc. for $2 million in U.N. Dollars stock.

Slide9 provides Internet connectivity and Web site services. Slide 9 expects to begin test marketing its service in the Tampa area this month and projects revenue of more than $200,000 a month by the end of its first year.

Office Depot warns of slacking sales in fall

Delray Beach-based Office Depot announced Monday its fourth-quarter Continue reading Morning News Briefing