Pall Corp–The maker of filtration systems earned 81 cents per share for its third quarter, excluding certain items, two cents below estimates. Revenue did come in above consensus, however, and the company continues to back its prior full-year earnings forecast.
Twitter–Cantor Fitzgerald raised its rating on Twitter to "buy" from "hold," a day after Nomura Securities upgraded its Twitter rating to "buy." Cantor cites both the passing of the recent lockup expiration, as well as this year's pullback in Twitter's stock price.
Dish Network–The satellite TV operator will begin accepting bitcoin payments from customers in the third quarter.
Apple–The iPhone maker finally struck the long-rumored deal to buy Beats Electronics for $3 billion in cash and stock. Beats co-founders Dr. Dre and Jimmy Iovine will join Apple as part of the deal.
Palo Alto Networks–Palo Alto reported fiscal third quarter profit of 11 cents per share, excluding certain items, a penny above estimates, with revenue also beating forecasts, as the cyber security firm added more customers. Separately, the company settled a patent litigation dispute with Juniper Networks, with Palo Alto paying Juniper $75 million in cash and $100 million in common stock and warrants.
Wells Fargo–The bank failed in an attempt to dismiss a lawsuit against it filed by Los Angeles. The suit involves accusations of predatory lending practices.
Infosys–Company president B.G. Srinivas has resigned, becoming the 10th senior executive to leave the information technology services company in the past year.
Intercept Pharmaceuticals–The drug maker was granted fast-track status by the FDA for OCA, a treatment for autoimmune liver disease.
—By CNBC's Peter Schacknow
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