Gainers:
NII Holdings Inc. (NIHD) is gaining 11 percent to $5.05. The company agreed to sell its Peruvian operations to Empresa Nacional de Telecomunicaciones S.A., for about $400 million.The company plans to use use proceeds from the sale to provide additional liquidity, for continuing its investments of its next generation networks in Mexico and Brazil.
Decliners:
Hewlett-Packard Co. (HPQ) is down 0.63 percent to $22.16. The company announced that its chairman of the board, Raymond Lane has decided to step down. The company has named Ralph Whitworth as the new interim chairman.
Rigel Pharmaceuticals, Inc. (RIGL) is plunging 34 percent to $4.97. AstraZeneca (AZN, AZN.L) announced that a phase III study to assess the efficacy and safety of drug candidate Fostamatinib for rheumatoid arthritis met one primary endpoint, while it failed in its second primary goal. In February 2010, AstraZeneca and Rigel entered a worldwide license agreement whereby AstraZeneca would develop and commercialize fostamatinib.
F5 Networks, Inc. (FFIV) is falling over 17 percent to $74.45 as it lowered its financial guidance for the second quarter. The company noted that the revenue shortfall resulted primarily from a slowdown in North American and to a lesser extent EMEA sales.
F5 Networks' peers Cisco Systems, Inc. (CSCO) is down 3 percent to $20.44, Juniper Networks, Inc. (JNPR) is down over 5 percent to $17.10.
Radware Ltd. (RDWR) is plunging 17 percent to $31.00 after it lowered its first quarter forecast. The company said it experienced weaker than expected results in EMEA and China.
Saba Software, Inc. (SABA) is down over 9 percent to $6.99 based on the news that it will be unable to regain compliance with its SEC filing requirements for continued listing of its common stock on the NASDAQ Global Select Market by the April 4 deadline.
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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.