Conceptus Inc. (CPTS) announced Monday morning that it has reached an agreement with Hologic Inc. (HOLX) to settle the ongoing patent infringement litigation related to Hologic's Adiana Permanent Contraception System.
Conceptus rose steadily throughout the first 2 hours of Monday's session, before settling into a range. The stock closed higher by 3.59 at $18.77 on the highest volume of the year. Conceptus surged past resistance and finished at a new high for the 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.