Gainers:
Tyson Foods, Inc. (TSN) is gaining more than 3 percent to $19.21. The company's first quarter profit plunged from the prior year period. However, sales increased from the year-ago period and were slightly above consensus. The company said its Chicken segment returned to profitability on improved pricing and execution and added that its Beef segment is experiencing a rough patch as a result of challenging market fundamentals. The company said it expects overall domestic protein (chicken, beef, pork and turkey) production to decrease in 2012.
Idenix Pharmaceuticals, Inc. (IDIX) is up nearly 1 percent to $13.30 based on the news that the FDA has notified that the partial clinical hold on IDX184 has been removed and that its 12-week phase IIb study evaluating IDX184 in combination with pegylated interferon and ribavirin may continue.
Trimble Navigation (TRMB) is rising over 9 percent to $52.77. The company's fourth quarter non-GAAP earnings per share and revenue were above Wall Street view. In addition, the company guided first quarter results above consensus.
Zoltek Companies, Inc. (ZOLT) is gaining 20 percent to $11.34. The company swung to a profit in its first quarter. Net revenues improved 43.2 percent from the year-ago quarter and 9.1 percent sequentially.
Decliners:
Estee Lauder Companies Inc. (EL) is down more than 6 percent to $54.90. The company's second quarter profit improved 15 percent from the prior year period. Net sales rose 10 percent. Earnings per share, excluding items, were in-line with Wall Street view, while sales were slightly below consensus. The company expects adjusted earnings per share for third quarter and fiscal 2012 below estimates.
Walgreen Co. (WAG) is declining over 2 percent to $32.61. The company's January comparable store sales declined 4.6 percent. Sales for the month declined 2.3 percent.
Acme Packet, Inc. (APKT) is falling 11 percent to $27.41 as the company's fourth quarter non-GAAP earnings per share and revenue were below consensus. The company's GAAP profit declined from the year-ago quarter.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.