After-Hours Buzz: ORCL, AAPL & More
Check out which companies are making headlines after the bell Tuesday:
Oracle - The computer hardware company posted earnings of 64 cents a share, excluding one-time items, on revenue of $9.09 billion, topping expectations for 61 cents a share on revenue of $9.02 billion. Meanwhile, the company handed in current-quarter earnings guidance that was mostly in line with expectations. Shares gained in extended-hours trading.
(Read More: Stocks End Higher on 'Cliff' Hopes, Apple Jumps)
Apple - The iPhone maker edged lower in extended-hours trading after rallying nearly 3 percent in regular trading. Earlier, the tech company held onto its "outperform" rating at Cowen. Separately, rival Samsung says it will withdraw European injunction requests against Apple.
KBR - The military contractor increased its quarterly dividend by 60 percent to 8 cents a share. Shares gained in extended-hours trading.
Health Net - The managed health care company updated its full-year 2013 earnings to between $2 a share and $2.10 a share and revenue to between $10.7 billion and $11.2 billion. Analysts expect the company to post earnings of $2.12 a share on sales of $12.08 billion. Shares tumbled in extended-hours trading.
Consol Energy - The energy company announced that its CFO William Lyons will retire in March. David Khani, the company's current vice president of finance, will succeed Lyons.
Pall - The diversified machinery company announced that its CFO and treasurer Lisa McDermott will to leave company in March. A successor has yet to be named.
Pep Boys - The auto parts retailer maintained a "hold" rating at Stifel Nicolaus.
Panera Bread - The casual restaurant chain was upgraded to "outperform" from "neutral" at Wedbush Securities.
Flowserve - The diversified machinery company was initiated with an "outperform" rating and a price target of $175 at Oppeheimer.
Annaly Capital - The company cut its quarterly dividend by 10 percent to 45 cents a share.
Zumiez - The specialty-apparel retailer's board approved a $20 million stock repurchase program.