Gainers:
Fidelity National Information Services (FIS) rose more than 1 percent to $29.50. The company's fourth quarter profit improved from the year-ago period. Adjusted net earnings per share from continuing operations and revenues were above analysts' estimates. The company raised its annual dividend and also authorized additional stock repurchases up to $1.0 billion.
Ultra Clean Holdings, Inc. (UCTT) gained over 11 percent to $8.70. The company's fourth quarter profit surged from the year-ago quarter, helped by an income tax benefit. Revenue declined 27.8 percent from the same period a year ago, but were above Wall Street view. The company forecast first quarter results above consensus.
Insight Enterprises, Inc. (NSIT) rose 16 percent to $22.00. The company's fourth quarter profit and net sales increased from the previous year period. The company guided 2012 earnings per share above market expectations.
Rackspace Hosting, Inc. (RAX) gained nearly 5 percent to $51.65. The company's fourth quarter profit increased from the last year quarter. Net revenues for the quarter grew 32 percent. Both earnings per share and revenues were above consensus.
Decliners:
Seattle Genetics, Inc. (SGEN) declined over 6 percent to $17.70. The company's fourth quarter net loss narrowed from the previous year period. Revenues surged from the year-ago period, reflecting ADCETRIS net product sales. However, the company said it is not providing 2012 guidance on expected revenue from ADCETRIS product sales at this time.
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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.