Gainers:
SINA Corp. (SINA) rose over 3 percent to $60.95. The company swung to a profit in its first quarter on a non-GAAP basis and topped Wall Street view. Net revenues increased from the year-ago quarter and were above the consensus estimate. The company also guided its second quarter non-GAAP net revenues above Street view.
Decliners:
J. C. Penney Company, Inc. (JCP) declined over 2 percent to $18.28. The company's first quarter net loss widened from the previous year period and missed analysts' estimate. Net sales for the quarter decreased 16.4 percent and also missed the consensus estimate.
Dell Inc. (DELL) was down 0.45 percent to $13.37. The company's first quarter profit plunged from the year-ago quarter and was below analysts' estimate. Revenues for the quarter dropped from the previous year period, but managed to come above the consensus estimate.
Autodesk, Inc. (ADSK) fell 6 percent to $37.22. The company's first quarter earnings and revenue were lower than the year-ago quarter and were below analysts' expectations. The company noted that mixed global economy weighed heavily on its first quarter results. The company also forecast second quarter results below Street view.
Nordstrom Inc. (JWN) declined 3 percent to $59.15. The company's first quarter profit declined from the prior year period and was below Wall Street view. Net sales also missed the consensus estimate. The company reaffirmed its fiscal 2013 earnings per share outlook, but slightly lowered its sales and same-store sales growth forecast.
Aruba Networks, Inc. (ARUN) plunged 15 percent to $14.95. The company slipped to a loss in its third quarter and its adjusted earnings per share were below analysts' estimate. Revenue for the quarter improved 12 percent, but missed 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.