Gainers:
Jingwei International Ltd. (JNGW) is jumping 23 percent to $1.79 based on the news that it intends to accept a going private proposal proposed by George (Jianguo) Du, Chairman and Chief Executive of the company.
DIRECTV (DTV) is gaining 3 percent to $47.70. The company fourth quarter profit and revenues increased from the year-ago quarter and were above Wall Street view. In addition, the company announced approval of an additional $6 billion buyback authorization.
Discovery Communications Inc. (DISCA) is rising 5 percent to $48.00. The company's fourth quarter profit surged from the year-ago quarter. Revenues were above consensus.
Decliners:
General Motors Co. (GM) is down over 1 percent to $24.98. The company reported fourth quarter profit that was flat with previous year quarter. Revenue rose from the year-ago quarter. The company expects to increase its top-line revenue year-over-year in an expanding global automotive industry.
Blue Nile, Inc. (NILE) is plunging 26 percent to $32.40. The company's fourth quarter net income and net sales declined from the year-ago period, and also were below consensus. The company guided first quarter results below market expectations.
PMFG, Inc. (PMFG) is plunging over 14 percent to $18.00 as it priced its previously announced public offering of 2.60 million of its common stock at $16.00 per share.
J.M. Smucker Co. (SJM) is falling 8 percent to $72.00. The company's third quarter profit declined from the previous year period. Net sales improved, but were below market expectation. The company said it is disappointed with overall volume and its impact on earnings. The company lowered its net sales and earnings guidance for the year 2012.
Amazon.com, Inc. (AMZN) is down 3 percent to $178.24.
OYO Geospace Corp. (OYOG) is falling nearly 4 percent to $97.53. The company priced the public offering of 1.12 million shares of its common stock owned by OYO Corporation U.S.A., the selling stockholder, at $95.00 per share.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.