Gainers:
Research In Motion Limited (RIMM) is rising nearly 13 percent to $12.50 based on the news that Goldman Sachs has upgraded the company to buy from neutral.
Infoblox Inc. (BLOX) is rising 25 percent to $17.40 following the release of its first quarter results.
Decliners:
Tiffany & Co. (TIF) is decining nearly 8 percent to $58.90. The company's third quarter earnings declined 30 percent and were below Wall Street view. Worldwide net sales for the quarter rose 4 percent, but missed the consensus estimate. The company said it continues to maintain a cautious near-term outlook about global economic conditions. The company also lowered its full-year guidance.
Target Corp. (TGT) is falling more than 3 percent to $60.70. The company's comparable store sales for the month of November dropped 1.0 percent, while sales dropped 0.1 percent. The company noted that November sales were below its expectations, reflecting weaker-than-planned sales performance in the first two weeks.
Gap Inc. (GPS) is down over 2 percent to $34.97. The company's comparable sales for November 2012 were up 3 percent, compared with a 5 percent decrease in the comparable period a year earlier.
Macy's, Inc. (M) is down over 2 percent to $39.30. The company November same-store sales declined 0.7 percent, while total sales 0.6 percent. The company said it is not able to overcome the weak start to the month, despite the largest-volume Thanksgiving weekend in its history.
Nordstrom, Inc. (JWN) is down over 3 percent to $53.22. The company reported a 1.1 percent decrease in same-store sales for the four-week period ended November.
Trading halt:
Trading in shares of New Frontier Media Inc. (NOOF) was halted.
Trading in shares of Theravance Inc. (THRX) was halted.
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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.