Marts off

Stocks closed lower in a holiday-shortened ses sion, with the Dow Jones industrial average falling 95.28 to 11,092.00, the Nasdaq composite down 8.56 to 2,534.56 and the S&P 500 off 8.95 to 1,189.40.

Deal pop

Del Monte Foods Co. rose 84 cents, or 4.67 percent, to $18.83, after investors led by KKR reached a deal to buy the company for $4 bil lion.

Mo-mod scam

The Federal Trade Commission is cracking down on mortgage- modification scammers. New rules starting Jan. 31 will, among other things, ban virtually all upfront payments.

$3B call

Hedge fund Front Point Partners, which is in the middle of a fed eral insider trading probe, was hit with about $3 billion in with drawal requests from investors.

Sweets suit

The Hershey Co. sued Mars Inc. in federal dis trict court, saying Mars mimicked Hershey’s or ange, brown and tan packaging of Reese’s candy with its Dove pea nut butter chocolate Promise squares.