Gainers:
Facebook, Inc. (FB) is rising 1 percent to $27.22.
Research In Motion Limited (RIMM) is gaining 2 percent to $10.83.
Fushi Copperweld, Inc. (FSIN) is up 1 percent to $9.44. The company announced that it expects to complete its merger with Green Dynasty. The company said it is requesting that shares of its common stock cease trading on NASDAQ immediately prior to the opening of the market tomorrow.
PSS World Medical, Inc. (PSSI) is up over 1 percent to $28.82 based on the news that McKesson (MCK) has received early termination of Hart-Scott-Rodino Act waiting period for PSS World acquisition.
Decliners:
SINA Corp. (SINA) is falling nearly 4 percent to $45.48 amidst reports that the company refutes rumors that Alibaba is looking to invest in its micro-blogging service Weibo.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.