After-Hours Movers 06/04: (ARRY) (SHFL) Higher; (SBUX) (DG) (PNRA) Lower

Array BioPharma Inc. (Nasdaq: ARRY) 3.5% HIGHER; promising data on MEK162 in an ongoing Phase 2 trial of patients with BRAF and NRAS mutated advanced melanoma was presented today at the American Society of Clinical Oncology (ASCO) Annual Meeting in Chicago, Illinois. Click here to see the full release.

Starbucks (Nasdaq: SBUX) 2.7% LOWER; to acquire Bay Bread and La Boulange brand for $100M. Click here to see the full report.

Dollar General (NYSE: DG) 2.6% LOWER; reported Q2 EPS of $0.63, $0.03 better than the analyst estimate of $0.60. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $3.82 billion. Raises FY12 EPS estimate to $2.68-$2.78 from $2.65-2.75 vs. consensus of $2.77. Also announced a 25 million common share secondary offering.

Panera Bread (Nasdaq: PNRA) 1.6% LOWER; traders likely selling the stock following the Starbucks news it is acquiring the La Boulange bakery brand.

Shuffle Master, Inc. (NASDAQ: SHFL) 1.5% HIGHER; reported Q2 EPS of $0.20, ex-items, inline with the analyst estimate of $0.20. Revenue for the quarter came in at $66.1 million versus the consensus estimate of $65.12 million.

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