Gainers:
Citigroup, Inc. (C) is up 0.61 percent to $36.38. Trillium Asset Management LLC, on behalf of the Benedictine Sisters of Mount St. Scholastica, along with the AFSCME Employees Pension Plan recently filed a shareholder proposal asking Citi's board to explore a possible separation of one or more of business units.
Abercrombie & Fitch Co. (ANF) is surging over 31 percent to $41.02. The company's third quarter earnings improved from the year-ago quarter and surpassed Wall Street estimate by a wide margin. Net sales increased 9 percent and also topped the consensus estimate. The company also raised its earnings guidance for 2012. Staples, Inc. (SPLS) is rising nearly 5 percent to $11.79. The company slipped to a loss in its third quarter due to hefty charges. However, adjusted earnings per share were above Wall Street view by a penny, while revenues missed the consensus estimate.
Cisco Systems, Inc. (CSCO) is up over 7 percent to $18.08 following the release of its quarterly results.
Decliners:
Trading in shares of Overseas Shipholding Group, Inc. (OSG) was halted. The company announced that it has filed voluntary Chapter 11 petitions for itself and certain operating subsidiaries in the U.S. Bankruptcy Court for the District of Delaware.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.