Con-way Inc. (CNW) reported first quarter non-GAAP net income of $0.45 per share after the close Tuesday, up from $0.24 per share in the previous year. The consensus estimate was for EPS of $0.35.
Con-way gapped open higher Wednesday and climbed during the first half hour of trade. The stock rose further around midday and finished up by 4.24 at $37.00 on above average volume. Con-way rose above a month and a half long range and set a 9-month high.
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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.