Shares of Research In Motion Ltd. (RIMM,RIM.TO) tumbled more than 18% in after hours trading after the BlackBerry maker reported quarterly results below analysts' expectations. The company also said it now expects full year adjusted earnings to be at the low end of its prior outlook range.
Cooper Industries plc (CBE) shares slipped more than 7% in late trades after the electrical products maker cut its third quarter and full year 2011 earnings outlook, citing softness in its residential and commercial as well as its Bussmann electronics business.
Shares of Diamond Foods Inc. (DMND) rose more than 5% in extended hours trading after the the packaged foods company reported forecast-beating quarterly results and raised the adjusted earnings outlook for its next fiscal year.
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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.