Gainers:
Apple Inc. (AAPL) is jumping more than 7 percent to $451.77 as the company's first quarter profit more than doubled from the previous year quarter. Both earnings per share and net sales were above Wall Street view. The company said that it sold 37.04 million iPhones in the quarter, up 128% over the year-ago quarter. The company also forecast second quarter earnings and sales above consensus.
CA, Inc. (CA) is surging 16 percent to $26.50. The company's third quarter earnings and revenue improved from the prior year period. The company also raised its fiscal 2012 adjusted earnings per share growth forecast.
Yahoo! Inc. (YHOO) is up 0.19 percent to $15.72. The company's fourth quarter profit declined from the year-ago quarter. Revenue, excluding traffic acquisition costs, declined from the prior year, and also were below consensus.
Decliners:
Advanced Micro Devices, Inc. (AMD) is down 2 percent to $6.40. The company slipped to a loss in its fourth quarter. Non-GAAP earnings per share were above analysts' estimate, while net revenues were below consensus. In addition, the company projects first quarter revenue to decrease eight percent, plus or minus three percent, sequentially.
Fusion-io, Inc. (FIO) is falling over 15 percent to $25.65 as the company's second quarter net loss widened from the previous year. Revenue jumped 169 percent from the same quarter prior year and was up 13 percent sequentially. Gross margin for the quarter fell sharply from the year-ago quarter.
Altera Corp. (ALTR) is down 2 percent to $39.27. The company's fourth quarter profit plunged from the year-ago quarter. Sales for the quarter dropped 18 percent. However, both earnings per share and sales were above analysts' estimates. The company expects first quarter revenues to decline 7 to 11 percent sequentially.
Norfolk Southern Corp. (NSC) is down over 2 percent to $73.45. The company's fourth quarter profit improved 19 percent from the last year quarter. Total railway operating revenues rose 17 percent, however were below analysts' estimate.
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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.