Gainers:
Target Corp. (TGT) is up 0.37% to $50.97 as its first quarter profit rose from the previous year. Earnings per share increased 9.8%. Sales up 2.8%. First quarter average receivables decreased 14.4% to $6.5 billion in 2011. The company said its first quarter financial performance was the result of stronger-than-expected profitability in Credit Card Segment, which offset the impact of weaker-than-anticipated sales in Retail Segment.
Dell Inc. (DELL) is gaining over 6% to $16.75 as its first quarter profit jumped 177% from the previous year, helped by higher revenue and sharply improved margins amid strong corporate demand. Quarterly earnings per share, excluding items, were above analysts' expectations, but its quarterly revenue was below estimates. The company reaffirmed its revenue outlook and raised its non-GAAP operating income outlook for its current fiscal year.
Abercrombie & Fitch Co. (ANF) is rising 4% to $75.45 as it swung to a profit in its first quarter. Net sales rose 22%.
Nobel Learning Communities Inc. (NLCI) is surging 33% to $11.51 as it agreed to be acquired by Leeds Equity Partners in a transaction valued at approximately $149 million. The company's stockholders will receive $11.75 in cash for each share of common stock held.
SodaStream International Ltd. (SODA) is rising nearly 8% to $47.01 as its first quarter profit jumped from the previous year. The company also raised its 2011 revenue and net income growth outlook.
BJ's Wholesale Club Inc. (BJ) is rising over 1% to $51.85 as it reported higher earnings and net sales for its first quarter. The company stated that it is off to a great start in 2011. The company also updated its earnings guidance for fiscal 2011.
Decliners:
Deere & Co. (DE) is currently down over 1% to $85.80 despite reporting second quarter profit that increased from the previous year. Worldwide net sales and revenues for the quarter increased 25%. For the full year, net income attributable to company is currently anticipated to be about $2.65 billion, versus its earlier estimate of around $2.5 billion.
Staples, Inc. (SPLS) is falling 12% to $17.22 as its first quarter earnings per share were below estimates. Total sales for the quarter rose 2%. The company also reduced its full year 2011 earnings per share forecast and expects sales to increase in the low single-digits compared to 2010.
Coldwater Creek Inc. (CWTR) is sliding 21% to $2.30 as it expects to report loss for its first quarter of 2011, compared to a profit in the last year. The company also expects net sales for the quarter and total inventory at quarter end to decline. The company said it experienced continued weak trends in traffic and sales as its merchandise offerings were not well received by customers.
For comments and feedback contact: editorial@rttnews.com
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.