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 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.