Gainers:
Shaw Group Inc. (SHAW) is jumping 65 percent to $43.99. Chicago Bridge & Iron Company N.V. (CBI) has agreed to acquire the company in a cash and stock transaction. Shaw's shareholders would receive $41.00 in cash and $5.00 in CB&I equity for each share of Shaw at closing. CBI is down 9 percent to $37.00.
Cal-Maine Foods Inc. (CALM) is rising 8 percent to $39.39. The company's fourth quarter profit and net sales surged from the previous year period.
Decliners:
Progenics Pharmaceuticals, Inc. (PGNX) is slumping 44 percent to $6.07 and Salix Pharmaceuticals, Ltd. (SLXP) is plunging 10 percent to $47.76 based on the news that they have received a complete response letter from the FDA following its review of a supplemental new drug application for RELISTOR injection for subcutaneous use for the treatment of opioid-induced constipation in adult patients with chronic, non-cancer pain.
Trina Solar Ltd. (TSL) is falling 9 percent to $4.91. The company lowered its second quarter solar module shipments and overall gross margin guidance. The company noted that an overcapacity-induced deflationary pricing environment caused the shortfall in gross margin.
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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.