After-Hours Buzz: ORCL, GERN & More
Check out which companies are making headlines after the bell Monday.
Oracle - The tech giant announced an accelerated second-, third-, and fourth-quarter cash dividend totaling 18 cents a share of outstanding common stock to be paid in the current quarter. Shares dipped slightly in extended-hours trading.
(Read More: Stocks End Lower as 'Cliff' Worries Weigh)
Geron - The biotechnology company announced it has discontinued development of its drug designed to treat brain cancers. In addition, the company also said it will cut its workforce from 107 positions to 64 full-time positions and lower its annual cash operating expenses. Shares plunged in extended-hours trading.
PepBoys - The auto repair company posted sales of $510 million, missing expectations for $528 million. Shares slumped in extended-hours trading.
Kayak Software - Harvard Management disclosed a 5.6 percent stake in the travel-software company in a 13D filing.
Sonic Automotive - The automotive retailer moved its quarterly dividend date to December from January.
PetMed Express - The online pet pharmacy declared a special dividend of $1 a share. Shares jumped in extended-hours trading.