After-Hours Buzz: Zynga, Walt Disney, A. Schulman & More
Check out which companies are making headlines after the bell Monday:
(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.