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Pre-market Movers June 19 (ADBE, FDX, TTEK, BBRY, VNDA)

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Gainers:

Adobe Systems Inc. (ADBE) is gaining 7 percent to $46.32. The company's second quarter earnings declined from the prior year period, but its adjusted earnings per share were above analysts' estimate. Revenue for the quarter declined from the year-ago quarter, but was in-line with the consensus estimate.

Decliners:

FedEx Corp. (FDX) is down nearly 1 percent to $98.75. The company's fourth quarter profit declined from the prior year period, while its non-GAAP earnings per share topped Wall Street view. For fiscal 2014, the company projects earnings per share growth of 7 percent to 13 percent from fiscal 2013 adjusted results.

Tetra Tech Inc. (TTEK) is falling 12 percent to $23.50 after its announcement that it expects to report a loss in its third quarter, hurt largely by higher restructuring costs reflecting weakness in Eastern Canada, mining segments and new findings on certain project claims.

BlackBerry (BBRY) is down over 2 percent to $14.48.

Vanda Pharmaceuticals, Inc. (VNDA) is down 12 percent to $9.50.

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Global Economics Weekly Update - Jun 08-12, 2026

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.