Gainers:
Bank of America Corp. (BAC) is rising 1 percent to $15.35. The company agreed to pay $335 million as settlement for charges related to alleged discriminatory lending practices by its subsidiary Countrywide Financial.
WCA Waste Corp. (WCAA) is jumping 30 percent to $6.39 as the company agreed to be acquired by Macquarie Infrastructure Partners II or MIP II, a North American infrastructure investment fund. The transaction is valued at about $526 million.
Yahoo! Inc. (YHOO) is rising nearly 2 percent to $16.30. The company is reportedly considering cutting its 40 percent stake in Alibaba Group Holding Ltd. to about 15 percent.
Curis Inc. (CRIS) is up nearly 8 percent to $4.68 based on the news that its collaborator Roche has submitted a Marketing Authorization Application for vismodegib to the European Medicines Agency. Curis has earned a $6 million milestone payment from Genentech as a result of the MAA submission to the EMA.
Decliners:
American Greetings Corp. (AM) is down 10 percent to $15.35. The company's third quarter profit declined from previous year.
Bed Bath & Beyond Inc. (BBBY) is falling over 4 percent to $58.70. The company's third quarter profit and sales improved from the year-ago quarter. Sales were below consensus. The company's comparable store sales grew 4.1 percent, compared to a 7 percent increase prior year.
VIVUS Inc. (VVUS) is falling more than 14 percent to $8.89. The company announced preliminary results from its retrospective study of medical claims data on oral clefts associated with topiramate exposure in utero.
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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.