Gainers:
Sears Holdings Corp. (SHLD) is rising over 2 percent to $48.70. The company's fourth quarter loss narrowed from the previous year period. Revenues declined from the year-ago quarter, but were above the consensus estimate.
Wendy's Co. (WEN) is gaining 2 percent to $5.61. The company's fourth quarter earnings and revenues improved from the year-ago quarter. Adjusted EBITDA for the quarter increased 19 percent. The company reiterated its 2013 adjusted EBITDA outlook.
Decliners:
J. C. Penney Company, Inc. (JCP) is falling over 17 percent to $17.43, Groupon, Inc. (GRPN) is plunging 27 percent to $4.37 and BroadSoft, Inc. (BSFT) is declining 23 percent to $23.84 following the release of their quarterly results.
Kohl's Corp. (KSS) is down 4 percent to $44.76. The company's fourth quarter profit declined from the year-ago quarter, but was above Wall Street view. Net sales also topped the consensus estimate. While expecting first quarter earnings per share in-line with market view, the company guided its fiscal 2013 earnings per share below analysts' estimate.
MGIC Investment Corp. (MTG) is down 14 percent to $2.40. The company's fourth quarter loss widened from the previous year period. Total revenues decreased, but were above the consensus estimate.
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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.