Gainers:
Apple Inc. (AAPL) is rising more than 1 percent to $586.90. The company is expected to announce new products at its annual Worldwide Developers Conference starting today at San Francisco's Moscone West.
Integramed America Inc. (INMD) is rising 22 percent to $13.81. The company has agreed to be acquired by affiliates formed by Sagard Capital Partners, L.P. for $14.05 per share in cash, or a total equity purchase price of $169.5 million.
Under Armour Inc. (UA) is up 1 percent to $104.50. The company announced that its board has approved a two-for-one stock split of its outstanding common stock.
Decliners:
Forest Laboratories Inc. (FRX) is declining nearly 5 percent to $33.99. The company lowered its fiscal 2013 earnings forecast citing evolving conditions in the Lexapro / escitalopram market. Forest, which distributes Levothroid, announced that FDA has regulatory and quality concerns with respect to the facility where the product is manufactured. The manufacturer has stopped manufacturing and shipping product from its facility.
Centene Corp. (CNC) is plunging 24 percent to $27.00. The company announced that it expects to report a loss for its second quarter. However, the company expects to return to profitability in the third quarter of 2012. The company also lowered its 2012 earnings per share guidance citing negative financial results in May for its Kentucky Health Plan and the Hidalgo service area in its Texas Health Plan, as well as in the Celtic individual health business.
Trading halt:
Trading in shares of ModusLink Global Solutions, Inc. (MLNK) was halted. The company has received an inquiry from the SEC regarding its treatment of rebates associated with volume discounts provided by vendors. As a result of the accounting evaluation conducted to date, the company said it expects to restate financial results from fiscal 2007 through first two quarters of fiscal 2012. The company also announced the retirement of its President and Chief Executive Officer Joseph Lawler and departure of William McLennan, as president, global operations. The company is also delaying the filing of its Form 10-Q for its third quarter of fiscal 2012.
Trading in shares of Granite City Food & Brewery Ltd. (GCFB) was halted. The company's controlling shareholder Concept Development Partners LLC has agreed to invest an additional $6.5 million in exchange for 3.12 million shares of common stock.
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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.