Gainers:
Jefferies Group, Inc. (JEF) is rising over 2 percent to $13.44. The company's second quarter profit and revenues declined from the previous period, but topped Wall Street view.
Oracle Corp. (ORCL) is rising 5 percent to $28.48. The company's fourth quarter profit rose 8 percent from the year-ago quarter. Earnings per share, excluding items, and revenues were above the consensus estimate. The company's board has authorized the repurchase of up to an additional $10 billion of common stock.
Decliners:
Walgreen Co. (WAG) is down more than 1 percent to $31.45. The company's third quarter net earnings and sales declined from the year-ago period. The company also announced that it will invest approximately $6.7 billion in cash and stock in exchange for a 45% equity ownership stake in Alliance Boots GmbH. The company also announced an increase in its quarterly dividend by 22.2 percent.
FedEx Corp. (FDX) is declining more than 2 percent to $86.52. The company's earnings declined from the year-ago quarter and it guided first quarter earnings below Wall Street view. However, the company's adjusted fourth quarter earnings topped consensus estimate.
J.C. Penney Company, Inc. (JCP) is falling nearly 6 percent to $23. The company announced that Michael Francis will be leaving the company. The company said its chief executive Ron Johnson will assume direct responsibility and oversight of marketing and merchandising functions.
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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.