Gainers:
LeCroy Corp. (LCRY) is rising 55 percent to $14.18. Teledyne Technologies Inc. (TDY) has agreed to acquire the company for $14.30 per share payable in cash. The aggregate value for the transaction is approximately $291 million.
Interline Brands Inc. (IBI) is jumping 41 percent to $25.30. The company has agreed to be acquired by affiliates of GS Capital Partners LP and P2 Capital Partners, LLC for $25.50 per share in cash.
Chesapeake Energy Corp. (CHK) is gaining 3 percent to $16.29. Last week, activist investor Carl Icahn disclosed that he has acquired a 7.6 percent stake in the natural gas producer. In addition, Icahn has asked at least 4 of the current company directors be immediately replaced.
Decliners:
Vertex Pharmaceuticals Inc (VRTX) is plunging 19 percent to $52.25. The company corrected data in the interim analysis of Phase 2 combination study of VX-809 and KALYDECO (ivacaftor) in people with Cystic Fibrosis who have two copies of the F508del Mutation. The company stated that responder analysis showed 35% of patients experienced an absolute improvement in lung function of at least 5 percentage points and 19% had at least a 10 percentage-point improvement when treated with VX-809 and KALYDECO. On May 7th, the company announced that 46 percent experienced an improvement from baseline to Day 56 in lung function of 5 percentage points or more, and 30 percent experienced an improvement from baseline to Day 56 of 10 percentage points or more.
Facebook, Inc. (FB) is down nearly 2 percent to $31.39.
Trading halt:
Trading in shares of BancTrust Financial Group, Inc. (BTFG) was halted. The company has agreed to merge into Trustmark Corp. (TRMK). The transaction is valued at about $55.4 million, or $3.08 per share of BancTrust common stock.
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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.