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After-Hours Buzz: Zynga, Walt Disney, A. Schulman & More

Monday, 1 Jul 2013 | 4:41 PM ET

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

Zynga - The social games services provider named Microsoft executive Don Mattrick as its new CEO. Zynga shares jumped in extended-hours trading, while Microsoft was largely unchanged.

(Read More: Stocks End Higher on Economic Reports)

Disney - The media giant's board extended Robert Iger's contract as CEO and chairman of the company by 15 months under existing contractual terms. Shares edged higher in extended-hours trading.

Cisco - The networking equipment company completed its acquisition of energy management company JouleX for $107 million in cash. Shares were largely unchanged in extended-hours trading.

A. Schulman - The global plastics supplier posted earnings of 50 cents a share, excluding one-time items, on sales of $549 million. It missed expectations for 65 cents a share on revenue of $576 million. In addition, the company posted full-year earnings guidance that was sharply below forecasts. Shares tumbled sharply after being temporarily halted in extended-hours trading.

Achillion Pharmaceuticals - The FDA placed a clinical hold on the pharmaceutical company's hepatitis C drug sovaprevir. Shares slumped in extended-hours trading after being temporarily halted.


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

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

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  • 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.

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