Gainers:
Best Buy Co., Inc. (BBY) is up nearly 1 percent to $18.31. The company's first quarter profit declined from the year-ago quarter, while its revenue improved 2 percent. Meanwhile, the company reaffirmed its previously provided annual guidance for fiscal 2013. The company said it is creating a long-term plan designed to make company more relevant with customers and position it for sustained, profitable returns in the years ahead.
Medtronic, Inc. (MDT) is rising more than 2 percent to $38.70 . The company's first quarter profit increased from the year-ago period, while adjusted earnings per share topped estimate by a penny.
Decliners:
AutoZone, Inc. (AZO) is falling nearly 3 percent to $358. The company's third quarter profit increased from the previous year period. Net sales advanced 6.7 percent, but missed the consensus estimate.
Ralph Lauren Corp. (RL) is down 3 percent to $142.01. The company's fourth quarter profit and net revenues rose from the year-ago quarter, and were above Wall Street view. The company expects first quarter consolidated net revenues to increase by a low single-digit percentage, and operating margin from continuing operations to be approximately 250-300 basis points below prior year.
Facebook Inc. (FB) is falling more than 3 percent to $32.80.
Trading halt:
Trading in shares of Benihana Inc. (BNHN) was halted. The company has agreed to be acquired by funds advised by Angelo, Gordon & Co.'s Private Equity Group for $16.30 per share in cash.
Trading in shares of EDGAR Online Inc. (EDGR) was halted. RR Donnelley (RRD) has agreed to acquire the company in a deal valued at approximately $70.5 million.
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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.