GO
Loading...

After-Hours Buzz: ADBE, PAY & More

Check out which companies are making headlines after the bell Thursday:

Adobe Systems - The software company posted earnings of 61 cents a share, excluding one-time items, on revenue of $1.15 billion, topping expectations for 57 cents a share on sales of $1.10 billion. Shares jumped after being briefly halted in extended-hours trading.

(Read More: S&P Snaps 6-Day Win Streak; Apple Falls)

Amgen - The biopharmaceutical company boosted its quarterly dividend to 47 cents a share from 36 cents a share and increased its share buyback program by $2 billion.

United Tech - The conglomerate handed in a 2013 earnings guidance of between $5.85 a share and $6.15 a share and revenue of between $64 billion to $65 billion, versus Wall Street estimates for $6.12 a share and $66.4 billion. Shares edged lower in extended-hours trading.

United Continental - The airline company named Jeff Smisek as President and CEO. Smisek will succeed Glenn Tilson.

Apollo Group - The for-profit education company announced its chairman John Sperling will retire at the end of the year and will be succeeded by Peter Sperling.

VeriFone Systems - The electronic payment services company posted earnings of 76 cents a share, ex-items, on revenue of $485 million. Analysts expected the firm to post earnings of 76 cents a share on sales of $495 million. Meanwhile, the company handed in full-year 2013 earnings guidance that missed Wall Street forecasts, sending shares lower in extended-hours trading.

Microsoft - BMO Capital initiated coverage of the tech giant with a "market perform" rating and a price target of $30 a share.

Quiksilver - The surfwear retailer posted earnings of 7 cents a share, excluding one-time items, on revenue of $559 million, missing expectations for 10 cents a share on sales of $564 million. Shares declined in extended-hours trading.

CoreLogic - The company authorized a new $250 million share buyback program, replacing the firm's previously-announced $156 repurchase program, sending shares higher in extended-hours trading.

Progress Software - The software company said its CFO Melissa Cruz will to retire in 2013. A successor has not yet been named.

AVG Technologies - The software company announced a search and distribution agreement with Yahoo. Shares gained in extended-hours trading.

Halcon Resources - RW Baird initiated coverage of the oil and gas producer with an "outperform" rating and a price target of $10 a share. Shares gained in extended-hours trading.

(Read More: CNBC's Market Insider Blog)

—By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

Questions? Comments? Email us at marketinsider@cnbc.com

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • CNBC Senior Commodities Correspondent and Personal Finance Correspondent

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.