Gainers:
Alcoa Inc. (AA) is up 0.73 percent to $8.30 ahead of its first quarter earnings release due after the markets close.
Apple Inc. (AAPL) is up 1 percent to $427.32.
Lufkin Industries Inc. (LUFK) is rising 37 percent to $87.80. General Electric Co. (GE) announced that it agreed to acquire the oil and gas equipment company for about $3.3 billion or $88.50 per share in cash.
Amarin Corporation plc (AMRN) is up 5 percent to $7.56. The company announced new clinical data showing significant reductions in Apolipoprotein C-III Levels in MARINE and ANCHOR studies of Vascepa.
Anheuser-Busch InBev (BUD) is up 2 percent to $99.35. The company announced that it reached an agreement in principle with the U.S. Department of Justice to resolve a litigation challenging AB InBev's proposed acquisition of the remaining stake in Grupo Modelo that it does not already own.
BioCryst Pharmaceuticals, Inc. (BCRX) is rising 20 percent to $2.04.
Decliners:
Obagi Medical Products, Inc. (OMPI) is declining 6 percent to $23.90. Merz Pharma Group has withdrawn its non-binding proposal to acquire the company at $22 per share cash. This withdrawal follows the recent announcement that Valeant Pharmaceuticals International, Inc. (VRX, VRX.TO) raised its offer to acquire Obagi to $24.00 per share cash.
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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.