Decliners:
Bridgepoint Education Inc. (BPI) declined 9 percent to $10.00 following the disclosure that the U.S. Justice Department is investigating the company's compensation of admissions personnel.
Microchip Technology Inc. (MCHP) fell 3 percent to $31.24. The company lowered its second quarter sales guidance citing macroeconomic and industry conditions. The company noted that overall global economic outlook continues to be poor and is adversely impacting its business as well as the rest of the semiconductor industry.
WD-40 Company (WDFC) fell 9 percent to $46.55. The company's fourth quarter profit declined 12 percent from the previous year and was below Wall Street view. Net sales for the quarter declined 6 percent and also missed the consensus estimate. The company also provided a weak guidance for fiscal year 2013.
Bankrate, Inc. (RATE) plunged 25 percent to $10.82. The company provided a weak third quarter forecast. The company said it has continued to make adjustments and have been even more aggressive about cutting back its insurance lead volume as it got more disposition data and feedback.
Trading halt:
Trading in shares of New Frontier Media, Inc. (NOOF) was halted. The company agreed to be acquired by LFP Broadcasting, LLC, an affiliate of L.F.P., Inc., the company founded and headed up by Larry Flynt.
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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.