MARKET PULSE-NQ Mobile, LSB Financial, Vanda Pharma, DragonWave

Wed Jun 4, 2014 12:11pm EDT
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June 4 (Reuters) - U.S. stocks were largely flat on Wednesday as mixed reads on the economy gave the market little direction and traders were reluctant to buy with indexes near record levels. The Dow Jones industrial average was up 0.04 percent at 16,728.41 and the S&P 500 was up 0.15 percent at 1,927.1.

** LSB FINANCIAL CORP, $40.05, +41.52 pct

Old National Bancorp said it would acquire LSB Financial, which owns the Lafayette Savings Bank, for about $66.7 million. LSB Financial shareholders will receive 2.269 shares of Old National common stock and $10.63 in cash, or about $41.67, per share held.

** NQ MOBILE INC, $10.029, +31.44 pct

The Chinese mobile security software maker said a special committee had found no evidence of fraud, as alleged by short-seller Muddy Waters Research Group.