Gainers:
Amazon.com Inc. (AMZN) jumped 14 percent to $223.50. The company's first quarter profit declined 35 percent from the year-ago period, but was sharply above Wall Street view. Net sales for the quarter increased 34 percent and topped consensus. The company expects to grow second quarter net sales between 20 percent and 34 percent.
Expedia Inc. (EXPE) gained 17 percent to $38.12 as its first quarter non-GAAP earnings per share and revenue were above Wall Street view. However, on a GAAP basis, the company slipped to a loss in the quarter.
Jazz Pharmaceuticals (JAZZ) gained 11 percent to $50.25. The company has agreed to acquire privately-held EUSA Pharma for $650 million in cash and a potential $50 million milestone based upon lead product Erwinaze, a treatment for patients with acute lymphoblastic leukemia, achieving a specified U.S. net sales target in 2013.
Decliners:
Starbucks Corp. (SBUX) declined over 5 percent to $57.59. The company's second quarter profit improved nearly 19 percent and topped analysts' estimate by a penny. Total net revenues advanced 14.7 percent and managed to breeze past the consensus estimate.
Allscripts Healthcare Solutions Inc. (MDRX) plunged 45 percent to $8.73. The company's first quarter profit declined from the year-ago quarter and was sharply below Wall Street view. Revenue increased from prior year, but missed the consensus estimate. The company said its results were primarily affected by lower than expected sales and an unfavorable sales mix. The company also announced that Phil Pead's service as Chairman of the Board, director and officer of the company was terminated. The company also announced resignations of finance chief Bill Davis and three directors.
Deckers Outdoor Corp. (DECK) fell 16 percent to $58.10. The company's first quarter profit plunged from the prior year quarter and was below Street view. Net sales increased 20.2 percent, but was marginally below consensus. The company lowered its growth forecast for the full year 2012. In addition, the company expects to report a sharply wider loss in its second quarter.
Digi International Inc. (DGII) declined 32 percent to $7.60. The company's second quarter earnings and revenue declined from the year-ago quarter and also were below consensus. The company said it is disappointed with its quarterly results that were impacted by lower than expected revenue from its new business pipeline, particularly in the energy sector. The company also guided third quarter and full-year results below analysts' view.
For comments and feedback contact: editorial@rttnews.com
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.