Gainers:
Walt Disney Co. (DIS) gained more than 1 percent to $44.84. The company's second quarter profit increased from the year-ago quarter and was above Wall Street view. Revenues improved 6 percent and were above consensus. Revenues from Media Networks rose 9 percent, Parks and Resorts increased 10 percent, while revenues from Studio Entertainment declined 12 percent.
International Game Technology (IGT) rose 1 percent to $15.12. Yahoo! Inc. (YHOO) announced that Patti Hart has decided not to seek re-election to its board, as International Game Technology (IGT) board has requested that she not seek reelection as a Yahoo! director. IGT issued a statement that its board unanimously stands behind Patti as its CEO, but noted that it believes her service as a member of Yahoo!'s board could become a distraction from her responsibilities to IGT.
Blue Nile, Inc. (NILE) rose over 6 percent to $29.01. The company's first quarter profit plunged from the year-ago quarter and was below analysts' estimate. Meanwhile, net sales increased 3.6 percent, and topped the consensus estimate.
Demand Media Inc. (DMD) rose 21 percent to $9.60. The company's first quarter adjusted earnings increased from the prior year period and were above Wall Street view. On a GAAP basis, the company's loss narrowed from the year-ago quarter. The company also raised its full year 2012 guidance.
Decliners:
STEC, Inc. (STEC) declined 11 percent to $6.85. The company slipped to a loss in its first quarter. Revenue for the quarter plunged from the year-ago quarter, but surpassed the consensus estimate. The company expects to report a loss for the second quarter, which is wider than what analysts' had estimated, and also guided revenue below consensus.
Green Mountain Coffee Roasters Inc. (GMCR) fell 4 percent to $25.33. The company announced that Robert Stiller no longer serves as Chairman and William Davis no longer serves as Lead Director. The company said these changes are the result of the actions taken by board to address stock sales by Stiller's and Davis' brokerage firm, which sales were inconsistent with its internal trading policies.
Trading halt:
Trading in shares of Global Indemnity plc (GBLI) was halted.
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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.