Gainers:
Cirrus Logic, Inc. (CRUS) gained 20 percent to $35.96. The company's first quarter earnings declined from the same period last year. Revenues for the improved from the year-ago quarter, but missed the consensus estimate. However, the company guided its second quarter revenues sharply above analysts' prediction.
Vertex Pharmaceuticals Inc. (VRTX) rose 5 percent to $52.64. The company's second quarter loss narrowed from the previous year period. Total revenues jumped from the year-ago quarter, but were below the consensus estimate. Additionally, Vertex provided updates on a number of ongoing and planned trials in cystic fibrosis, hepatitis C, rheumatoid arthritis and other diseases.
Herbalife Ltd. (HLF) gained 4 percent to $54.05. The company's second quarter earnings and net sales increased from the year-ago quarter and were also above analysts' expectations. Meanwhile, the company raised its earnings per share forecast for the full year 2012.
Decliners:
Seagate Technology (STX) declined 8 percent to $54.05. The company's fourth quarter non-GAAP earnings per share and revenues were below Wall Street view. The company said it is disappointed not to meet its revenue and margin plan for the quarter as a result of the industry's faster recovery from the supply chain disruption and an isolated supplier issue that it experienced.
RealD Inc. (RLD) plunged 20 percent to $10.10. The company's first quarter profit plummeted from the same period prior year impacted by a $5.9 million decline in its product gross profits that resulted from a significantly reduced mix of recycled eyewear shipped to RealD-equipped theaters. Revenue improved 14 percent, but missed the consensus estimate.
Humana Inc. (HUM) fell 11 percent to $62.75. The company's second quarter profit declined from the same period last year and were below analysts' estimate. Consolidated revenues were up 4 percent, but missed the consensus estimate. The company guided third quarter earnings per share below consensus and also lowered its fiscal 2012 earnings per share guidance.
CafePress Inc. (PRSS) plunged 35 percent to $8.87. The company's second quarter GAAP net loss widened from the previous year period. Net revenues increased 26 percent from the year-ago quarter. The company said it is taking a cautious approach to its outlook for the second half of 2012 citing current political cycles and macro weakness in Europe.
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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.