After-hours buzz: Transocean, Netflix, Texas Instruments & more
Check out which companies are making headlines after the bell Monday:
Netflix - The movie-streaming website posted earnings of 52 cents a share on revenue of $1.11 billion, topping expectations for 49 cents a share on sales of $1.10 billion. In addition, the company handed in current-quarter earnings that easily beat Wall Street estimates. Shares zipped higher in extended-hours trading.
Texas Instruments - The chipmaker posted earnings of 56 cents a share on revenue of $3.24 billion, beating forecasts for 53 cents a share on sales of $3.23 billion. In addition, the company handed in current-quarter guidance that fell short of estimates, sending shares lower in extended-hours trading.
Discover Financial - The credit-card provider posted earnings of $1.20 a share on revenue of $2.06 billion, falling slightly short of estimates for $1.21 a share on sales of $2.07 billion. Shares dropped in extended-hours trading.
VMWare - The software company posted earnings of 84 cents a share, edging past expectations by 2 cents a share, while revenue was in line with forecasts at $1.29 billion. Shares rose in extended-hours trading.
TJX - The parent company of TJMaxx and Home Goods issued a better-than-expected third-quarter outlook and also raised its full-year guidance. The company is slated to post earnings on Nov. 19. In addition, the company sees third-quarter same-store sales gaining about 4 percent. Shares climbed in extended-hours trading.
Rent-A-Center - The furniture rental company posted earnings of 51 cents a share on sales of $755, disappointing expectations for 62 cents a share on revenue of $772 million. Adding to woes, the company slashed its full-year earnings, pushing shares sharply lower in extended-hours trading.
(Read more: The earnings excuse you'll hear everywhere)
JCPenney - Martha Stewart Living Omnimedia and JCPenney announced a revised partnership agreement under which MSLO will continue to design Martha Stewart branded products for JCPenney in categories including window treatments and hardware, lighting, rugs, holiday and celebrations. Shares of JCPenney wavered in a narrow range in extended-hours trading, while shares of Martha Stewart were unchanged.
QEP Resources - Jana Partners increased its stake in the energy company to 7.5 percent from 4.9 percent, according to an SEC filing. Shares rallied in extended-hours trading.
CIT Group - The financial services company announced a quarterly cash dividend of 10 cents a share. Shares were unchanged in extended-hours trading.
Annie's - The maker of natural and organic food products announced CFO Kelly Kennedy will be stepping down. Zahir Ibrahim will succeed Kennedy as the company's new CFO. Separately, the company reaffirmed its full-year outlook, saying it sees revenue at the upper-end of its guidance and earnings at the lower-end. Shares slumped in extended-hours trading.
LaSalle Hotel Properties - The real estate investment trust announced a 6.7 million share holding through Citi and Deutsche Bank. Shares declined in extended-hours trading.
ICU Medical - The medical device maker announced its president and CEO George Lopez is stepping down due to health reasons. Steven Riggs has been named acting CEO. Shares declined in extended-hours trading.