After-Hours Buzz: INTC, AXP & More
Check out which companies are making headlines after the bell Thursday:
Intel - The chipmaker posted earnings of 48 cents a share, topping expectations for 45 cents a share, and reported revenue of $13.5 billion against expectations for $13.53 billion. In addition, the company provided a first-quarter revenue outlook of between $12.2 billion and $13.2 billion, versus projections for $12.9 billion. Shares edged lower in extended-hours trading.
(Read More: Stocks End Higher, Led by Industrials; Banks Lag)
American Express - The financial services company posted earnings of $1.09 a share, excluding one-time items, on revenue of $8.14 billion, both matching expectations. Shares dipped in extended-hours trading.
Capital One - The credit-card provider posted earnings of $1.41 a share on revenue of $5.62 billion, falling short of estimates for $1.58 a share on sales of $5.80 billion. Shares tumbled in extended-hours trading.
Xilinx - The technology company posted earnings of 38 cent a share on revenue of $510 million. Analysts expected the company to post earnings of 37 cents a share on revenue of $528 million. In addition, the company handed in current-quarter revenue estimates that were shy of expectations, sending shares lower in extended-hours trading.
Etrade - The financial services company appointed Paul Idzik as its new CEO. Interim CEO Frank Petrilli will continue to serve as Chairman. Shares were largely unchanged in extended-hours trading.
American Greetings - The greeting card company's holder Zev Weiss raised his offer to buy out the company to $17.50 a share. The Weiss family disclosed a 63.6 percent stake in an amended 13D filing. Shares jumped in extended-hours trading.
Piper Jaffray initiated coverage of Geron and Inovio Pharmaceuticals with an "overweight" rating, sending shares higher in extended-hours trading. Meanwhile, the brokerage initiated coverage of Oncothyreon with an "underweight" rating, pushing shares lower in after-hours trading.
Schlumberger - The oilfield services company raised its quarterly dividend by 13.6 percent to 31.25 cents from 27.5 cents.