Gainers:
Netflix, Inc. (NFLX) is jumping nearly 14 percent to $108.00 as the company's fourth quarter earnings per share and revenues were sharply above Wall Street view. The company's quarterly profit plunged from the year-ago quarter, while revenues grew 47 percent. The company forecast a loss for its first quarter, which is narrower than analysts' estimate.
United Rentals, Inc. (URI) is rising more than 5 percent to $36.70. The company swung to a profit in its fourth quarter. Adjusted earnings per share and revenues were above consensus. Rental revenue increased 18.5 percent.
LSI Corp. (LSI) is gaining more than 8 percent to $7.70. The company's fourth quarter net loss narrowed from the previous year period. The company said revenue increased 11 percent year over year, driven by share gains and new product cycles. The company forecast first quarter revenue above consensus.
Medidata Solutions, Inc. (MDSO) is up 7 percent to $22.10 based on the news that the company will replace RightNow Technologies, Inc. (RNOW) in the S&P SmallCap 600 index after the close of trading on Friday, January 27.
Mellanox Technologies, Ltd. (MLNX) is gaining over 15 percent to $36.00. The company swung to a profit in its fourth quarter. Non-GAAP earnings per share and revenue were above Wall Street view.
Decliners:
SanDisk Corp. (SNDK) is falling nearly 8 percent to $48.20. The company's fourth quarter profit declined from the year-ago quarter. Non-GAAP earnings per share and revenues were above analysts' estimate. Gross margin declined both year-on-year and sequentially.
Covance Inc. (CVD) is down over 4 percent to $45 as the company's fourth quarter profit declined from the comparable period a year earlier. Earnings per share, excluding items, were in-line with analysts' estimate. Net revenues increased from the year-ago quarter, but were below consensus.
Trading halt:
Trading in shares of Enterprise Financial Services Corp (EFSC) was halted. The company announced that it will restate its financial statements for 2010 and 2011 as it discovered an accounting error that resulted in an inadvertent overstatement of income on loans covered by FDIC loss share agreements.
Trading in shares of NuVasive, Inc. (NUVA) was halted. The company disclosed in a regulatory filing that on January 25, 2012, a judge from the U.S. District Court, Southern District of California in San Diego delivered tentative and non-binding rulings on various post-trial motions, including Medtronic Sofamor Danek USA, Inc.'s request for an injunction against the company.
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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.