Business briefs
Down Dow
Stocks fell yesterday, giving the market its sev enth losing week of the last eight. The Dow Jones industrial average fell 115.42 points, to 11,934.58. The Standard & Poor’s 500 index fell 15.05, to 1,268.45. The Nasdaq composite fell 33.86, to 2,652.89.
Citi scam
Citigroup said about 3,400 customers lost about $2.7 million when their credit-card information was breached by hackers earlier this year. The customers will be re imbursed, a spokesman said. Also yesterday, Jerry Grundhofer re signed from the com pany’s board of direc tors. Citigroup didn’t provide a reason.
BuyDaddy
GoDaddy, the domain- name registration com pany known for its racy Super Bowl ads, is close to being purchased by Silver Lake Partners and KKR firms for $2 billion to $2.5 billion, according to a person close to the deal.
Growth tepid
GDP grew at an infla- tion-adjusted annual rate of 1.9 percent in the first three months of 2011, re- vised up from 1.8 percent.

