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After-Hours Buzz: Adobe, La-Z-Boy, Teva Pharmaceuticals & More

CNBC

Top News

Top Video

Tuesday, 18 Jun 2013 | 1:53 PM ET

Sabra CEO Ronen Zohar says annual sales have grown from $16 million to $800 million in six years. CNBC's Jane Wells has the details.

Tuesday, 18 Jun 2013 | 1:07 PM ET

Ron Paul says Fed Chairman Bernanke should "resign," and explains why the Fed's plan is in so much trouble. With CNBC's Jackie DeAngelis and the Futures Now Traders.

Tuesday, 18 Jun 2013 | 11:06 AM ET

OECD Secretary General Angel Gurria, discusses the G-8, its pledge to reform corporate tax rules and Russia's importance in the debate on Syria.

  Highlights

A Chinese theme park is one of the more unusual attempts by Australia to boost tourism.

Siberia is being touted as a beacon of light by the Russian government as it looks east for growth.

China's government has been meddling in the markets by buying shares in the country's four big banks.

As trade between African nations rises, hopes are growing the continent's nascent aviation sector will get a boost.

From Union Jack booties to "Born to Rule" sleepwear, the baby fever could boost the British economy by 240 million pounds.

French politicians worry that an attack on Chinese students near Bordeaux could jeopardize investment.

Coming Up On CNBC

Asia-Pacific News

  • China's house prices rose at the fastest pace this year in May, though the pace of gains eased from the previous month, highlighting the dilemma facing the central bank.

  • China remains one of Asia's worst-performing stock markets this year, but there are reasons to believe the prevailing downtrend for the long-time laggard may be coming to an end.

  • This week, Chinese Vice Foreign Minister Zhang Yesui will meet North Korea's First Vice Foreign Minister Kim Kye Gwan in Beijing.

  • China's government has been buying shares in the country's four big banks, a move analysts expect to continue until jitters about high interbank lending rates and the economic outlook ease.

  • Emerging markets may have taken a vicious battering on fears the Federal Reserve may soon remove the easy money punch bowl, but a turnaround in sentiment this week could be as equally dramatic.

  • Financial instability in China, stemming from its vast shadow banking sector, is a lurking threat for the world's second largest economy, says World Bank.

Europe News

  • euro-tumbles-graph-200.jpg

    Positive business activity data for the euro zone on Thursday will fail to stop a much larger fall over the long-term for the single currency.

  • He's the favorite to win at Tuesday's Royal Ascot race in Britain, but a victory could also make Animal Kingdom the most popular horse among the ladies – literally. The thoroughbred will retire at the end of the race, and his owners plan to use him as a stud to breed new race horses.

  • The European Central Bank is "ready to act" if need be to aid the euro zone economy and its interest rates are becoming a more effective tool again.

  • British consumer price inflation rebounded by more than expected in May due to a record rise in air fares and higher fuel prices.

Paris Airshow 2013

  • As trade between African nations rises, there is also a growing need for fast, efficient travel between countries. Yet air transport links remain under-developed.

  • Bombardier Commercial Aircraft's President says the Canadian aircraft manufacturer is bullish on the BRIC nations as it details its new CSeries planes at the Paris Air Show, hoping to take advantage of a gap in the market.

  • After an opening day at the Paris Air Show that saw Airbus announce an impressive amount of orders, Boeing fought back on Tuesday with a raft of orders and the launch of the latest in the line of 787 Dreamliners, the 787-10.

  • The FAA did "everything right" in the dealing with the battery issues that grounded Boeing's new Dreamliner for months, the aircraft maker's chairman and CEO James McNerney tells CNBC.

  • Big finance waded into a rain-soaked Paris Airshow with more than $10 billion in orders for jumbo passenger jets as planemakers duelled over strategy for large aircraft.

  • In the heated battle for leadership in commercial airplanes Boeing and Airbus believe they are positioned to have strong showings at the Paris Air Show.

Industrial Revolutions

  • Industrial Revolutions: 3D Interfaces

    Companies are moving beyond the mouse and touchscreens to create the next form of computer interactivity.

  • Industrial Revolutions: Fusion Energy

    Experts believe that fusion energy - which would never run out and is environmentally-friendly - could one day form 50% of the energy market, although it may not come into use for another few decades.

Technology

  • Adobe earnings beat expectations but the company's forecast was to either meet or miss in the current quarter.

  • New York is second to only Silicon Valley when it comes to a burgeoning tech industry, but some city policies threaten its growth, mayoral hopefuls say.

  • There's always an excuse for shrinkage. For the information technology sector, that excuse is Apple.

  • China has built the world's fastest supercomputer, almost twice as fast as the previous U.S. holder and underlining the country's rise as a science and technology powerhouse.

Finance

NetNet

Market Insider with Patti Domm

By the Numbers

Opinion

  • Forcing businesses to pay the minimum wage for interns ignores both the costs incurred by the host business and the value received by the intern.

  • An Anti-Competitive Decision?

    A panel of experts and Larry Kudlow discuss the Supreme Court's refusal to declare "pay to delay" deals between pharmaceutical companies and generic drugmakers illegal.

  • Can anyone tell me with a straight face that they knew the S&P 500 would be flirting with all time highs right now, asks investment adviser Michael Farr.

  • The euro is a unique example of an asset class with intrinsic investment features, but is it a reliable store of value?

  • Could NSA Target Political Opponents?

    Scott Rasmussen, Rasmussen Reports, discusses a recent poll that found 57 percent of people believe the government will use NSA surveillance data against political opponents.

  • Treasurys Just a Ponzi Scheme?

    Scott Minerd, Guggenheim Partners LLC, discusses why he believes the bond market has become a bit like a Ponzi scheme. With CNBC's Rick Santelli.