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After-Hours Buzz: VeriFone, Vera Bradley, Francesca & More

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

VeriFone - The electronic payment solutions company posted earnings of 42 cents a share on sales of $430 million, missing expectations for 47 cents a share on revenue of $440 million. In addition, the company handed in current-quarter outlook that disappointed analysts, sending shares sharply lower in extended-hours trading.

(Read More: Stocks End Down 1% on Fed Fears; Dow Falls 200)

Vera Bradley - The maker of handbags and travel accessories posted earnings of 23 cents a share on sales of $123 million, edging past expectations for 21 cents a share on revenue of $121 million. However, the company handed in current-quarter and full-year outlooks that missed forecasts. In addition, the company announced its CEO Michael Ray will retire. Shares dropped sharply after being temporarily halted in extended-hours trading.

Francesca Holdings - The women's clothing and jewelry retailer posted earnings of 26 cents a share, in line with estimates, on sales of $79 million, falling short of expectations for $80 million. In addition, the company handed in current-quarter guidance that was largely in line with Wall Street forecasts. Shares tumbled in extended-hours trading.

Endo Health Solutions - The pharmaceutical company lowered its full-year guidance and said it plans to lay off nearly 15 percent of its workforce. Shares gained in extended-hours trading.

Ascena Retail - The retailer posted earnings of 26 cents a share on sales of $1.14 billion, missing expectations for 30 cents a share on revenue of $1.17 billion. In addition, the company handed in full-year guidance that missed projections. Shares tumbled in extended-hours trading.

Las Vegas Sands - The casino and resort operating company announced a $2 billion stock buyback program. Shares edged higher in extended-hours trading.

Sterne Agee initiated coverage of Costco, Dollar Tree, JCPenney, Nordstrom, Macy's, Fresh Market, Vitamin Shoppe and Wholefoods with a "buy" rating. Meanwhile, the brokerage started coverage of Dollar General, Family Dollar, Five Below, Kohl's and Saks with a "neutral" rating.

Piper Jaffray initiated coverage of Medicines Company with an "overweight" rating and a $47 price target and Cadence Pharmaceuticals with a "neutral" recommendation and a $7 price target. Shares of Medicines edged higher in extended-hours trading, while Cadence was largely unchanged.

—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 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.