Gainers:
Frequency Electronics Inc. (FEIM), Wednesday gained more than 16 percent in the after-hours trading on the Nasdaq, as it reported a strong surge in fourth-quarter profit. For fiscal 2012, the company expects strong revenue growth and increasing profitability.
Pervasive Software Inc. (PVSW) raised its financial outlook for the fourth quarter, due to revenue growth in its core integration products and database products, and a recently completed large transaction. Following the news, the company's share gained more than 8 percent in the after-hours trading on the Nasdaq.
Restaurant chains operator Yum! Brands Inc. (YUM) gained nearly 3 percent in the extended-hours trading on the NYSE, as it posted a 10 percent rise in profit for the second quarter, driven by strong growth in China and other emerging markets. The company also raised its full year earnings per share growth forecast.
Losers:
Specialty contractor MYR Group Inc. (MYRG) lost nearly 5 percent in the after-hours trading on the Nasdaq.
Fashion apparel and accessories retailer rue21 Inc. (RUE) lost more than 4 percent in the extended-hours trading on the Nasdaq.
Marriott International Inc. (MAR) reported that its profit for the second quarter increased by 13 percent over last year, reflecting continuous demand for the group's hotels across the world. Looking ahead, the company lowered the higher-end of the earnings outlook for the full year 2011. Following the news, the company lost more than 4 percent in the after-hours trading on the NYSE.
Specialty pharmaceutical company Medicis Pharmaceutical Corp. (MRX) lost nearly 3 percent in the extended-hours trading on the NYSE.
Insurance and wealth management company Hartford Financial Services Group Inc. (HIG) lost nearly 3 percent in the after-hours trading on the NYSE, as it expects net income and core earnings for the second quarter to decline from last year. The company noted that the second quarter results were affected by severe U.S. catastrophe activity and other items unrelated to the fundamental performance of the underlying business.
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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.