Fairchild Semiconductor (FCS) reported a first quarter adjusted loss of $0.02 per share Thursday morning, compared to the profit of $0.06 per share last year. The consensus estimate was for EPS of $0.04.
Fairchild Semiconductor gapped up slightly Thursday, but declined for the majority of the session. Shares finished down by 1.33 at $12.15 on strong volume. The stock sank to a 5-month low.
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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.