U.S. shares fell but were off initial lows after the U.S. reported strong jobs growth in May. The S&P 500 (INDEXSP:.INX) slid 0.1 percent to 2,094, the 30-company Dow Jones Industrial Average (INDEXDJX:.DJI) lost 0.2 percent to 17,874, while the tech-heavy Nasdaq 100 (INDEXNASDAQ:NDX) was up 0.1 percent at 5,061. Most followed shares included Vodafone, Liberty Global, Gap, LightInTheBox, Fiat, Under Armour, Zumiez, Noodles, Verifone Systems, AES, and Diamond Foods.
ADRs of Vodafone (NASDAQ:VOD) fell 1.9 percent to $36.99 as the world's second-biggest mobile telecoms company said that it was in talks with Europe's largest cable operator, U.S.-based Liberty Global (NASDAQ:LBTYA), about an exchange of "selected assets", not a full-blown merger.
In consumer shares, Gap (NYSE:GPS) fell 1.3 percent to $38.10, reversing an earlier gain. The clothing retailer reported sales at established stores fell 1 percent during May but exceeded Wall Street's expectations. Sales are still dropping at Gap and Banana Republic stores, although the company's Old Navy brand is seeing sales increase more than expected.
Zumiez (NASDAQ:ZUMZ) sank 18 percent to $24.37. The multi-channel specialty retailer reported adjusted quarterly profit of 12 cents per share, matching estimates, with revenue also in line, but the action sports retailer also forecast current-quarter profits that missed analyst estimates. It also anticipates same-store sales falling 3 to 5 percent.
LightInTheBox (NYSE:LITB) fell 7.9 percent a day after the Chinese online retailer forecast second-quarter revenue below analysts' expectations.
Cardinal Health (NYSE:CAH) slid 0.4 percent to $87.23 after the healthcare services company said it will buy privately-held generics company The Harvard Drug Group in a deal valued at $1.115 billion.
Fiat Chrysler Automobiles NV (NYSE:FCAU) dropped 3.9 percent to $15.46 after one of its units said it may have missed deadlines to notify customers in five recall campaigns.
Under Armour (NYSE:UA) advanced 3.9 percent to $81.04. D.A. Davidson & Co. recommended buying the shares of the sporting-goods company, noting its earnings growth, recent pullback, and the potential of upward revision of earnings guidance.
Noodles & Co. (NASDAQ:NDLS) gained 6.9 percent to $15.93 as the restaurant chain announced a $35 million share repurchase program.
Diamond Foods (NASDAQ:DMND) climbed 8 percent to $31.30. Diamond earned an adjusted 23 cents for its latest quarter, 8 cents above estimates, despite revenue falling short of forecasts. The maker of Pop Secret popcorn and other snacks also raised its full-year earnings guidance.
In other stocks, Lightbridge (NASDAQ:LTBR) fell 14 percent to $1.48. The nuclear fuel technology company was granted a patent by South Korea for a metallic nuclear fuel design.
ADRs of J.A Solar (NASDAQ:JASO) surged 14 percent to $9.19 after the maker of solar cells received a proposal to go private.
AES (NYSE:AES) rose 1.3 percent after JPMorgan Chase & Co. raised its rating on the utility to overweight, similar to buy.
Verifone Systems (NYSE:PAY) skidded 1.5 percent to $37.80 as the maker of electronic payment systems gave a current quarter forecast for revenue and profit that falls below Street forecasts. But Verifone beat estimates by 2 cents with adjusted quarterly profit of 44 cents per share, with revenue slightly above forecasts.