Gainers:
Microsoft Corp. (MSFT) is gaining nearly 3 percent to $28.90. The company's second quarter earnings per share were above Wall Street view. Revenues for the quarter grew 5 percent, although were below the consensus estimate.
Schlumberger Ltd. (SLB) is rising 0.33 percent to $73.10 as the company's fourth quarter profit increased from the prior year. Earnings per share, excluding items, and revenues were above Wall Street view. Oilfield services revenue increased 21 percent. However, the company said uncertainty remains over the outlook for 2012 due to the continuing sovereign debt crisis in Europe which places downward pressure on GDP and oil demand forecast.
Insmed, Inc. (INSM) is jumping over 40 percent to $5.34. The FDA has lifted the clinical hold previously placed on ARIKACE in patients with non-tuberculous mycobacteria lung disease. The company said it continues to engage in discussions with FDA regarding the clinical hold placed on ARIKACE in Cystic Fibrosis patients with Pseudomonas lung infections.
Decliners:
General Electric Co. (GE) falling over 2 percent to $18.66. The company's fourth quarter operating earnings increased from the previous year, and were also above analysts' estimate. The company's net earnings attributable to the company declined 18 percent. Total revenues were below consensus.
Google Inc. (GOOG) is falling 8 percent to $590.08 as the company's fourth quarter non-GAAP earnings per share were below analysts estimate. The company's profit and revenues improved from the previous year period.
SunTrust Banks, Inc. (STI) is down over 1 percent to $20.00. The company's fourth quarter profit improved 33 percent from the year-ago quarter. Earnings per share were above analysts' estimate. The company said strong loan and deposit growth drove results. Total revenue dropped 12 percent.
Parker-Hannifin Corp. (PH) is down 5 percent to $80.81. The company's second quarter profit increased from the prior year, but were below consensus. The company lowered its guidance for fiscal 2012 earnings from continuing operations.
Fifth Third Bancorp (FITB) is falling 3 percent to $13.10 as the company's fourth quarter earnings per share and total revenues were below analysts' estimate.
Sonoco Products Co. (SON) is down 5 percent to $32.05 as the company lowered its forecast for the fourth quarter and the full year, primarily due to lower than expected fourth quarter results from its Tube and Cores/Paper segment and a higher effective tax rate.
Trading in shares of Columbia Laboratories, Inc. (CBRX) was halted.
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Business News
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.