ScanSource Inc. (SCSC) announced after the bell Thursday that it now expects to report fourth quarter sales of $573 million to $583 million. Prior expectations had been for sales of $530 million to $550 million. ScanSource Inc. gapped open sharply higher Friday, but moved in a narrow range throughout the session. The stock closed up by $1.39 at $26.49 on above average volume. ScanSource rose to its highest level since late May and re-crossed its 50-day moving average.
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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.