Gainers:
Netflix, Inc. (NFLX) is up 2 percent to $176.50. The company announced in a Facebook post yesterday that members of its subscription service viewed 4 billion hours of content over the past 3 months.
Ashland Inc. (ASH) is rising 6 percent to $83.50 following the disclosure that hedge fund Jana Partners LLC has acquired a 7.4 percent stake in the company stating that it believes the specialty chemicals maker's shares are undervalued and represent an attractive investment opportunity.
Decliners:
Wells Fargo & Co. (WFC) is falling over 1 percent to $36.87. The company's first quarter profit improved 22 percent from the year-ago quarter and topped Wall Street view. Revenue slid from the prior year period and missed the consensus estimate.
JPMorgan Chase & Co. (JPM) is down 0.63 percent to $49.00. The company's first quarter profit improved from the prior year period, while its revenue declined from the prior year period. The company raised its second-quarter common stock dividend to $0.38 per share from the current $0.30 per share. In addition, the company plans to buy back $6 billion of common equity commencing with the second quarter of this year.
Infosys Ltd. (INFY) is plunging over 16 percent to $45.30. The company's fourth quarter earnings declined from the prior year period. Revenues increased 9.4 percent, but missed the consensus estimate. The company said the global currency market continues to be volatile due to the uncertain economic environment. The company also issued a weak revenue outlook for fiscal 2014.
Credit Acceptance Corp. (CACC) is down 4 percent to $104.75. The company announced the pricing of the previously announced public offering by certain trusts affiliated with the founder and Chairman Donald Foss and Karol Foss and certain individuals and entities associated with Prescott General Partners LLC at $105.00 per share.
MannKind Corp. (MNKD) is down 6 percent to $4.04.
Trading halt:
Trading in shares of Hudson City Bancorp, Inc. (HCBK) 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.