GO
Loading...

Stocks to Watch: KFT, LNKD, AIG & More

Check out which companies are making headlines after-the-bell Thursday:

AIG - The insurance giant posted earnings that topped expectations, but revenue was lighter-than-expected. The firm reported earnings of $1.65 a share on sales of $8.69 billion. Wall Street expected the company to post a profit of $1.12 a share on revenue of $8.96 billion. Shares were lower in extended-hours trading.(Click here for after-hours quotes.)

LinkedIn - The business-related social networking site reported earnings of 15 cents a share on revenue of $189 million, easily topping expectationsfor 9 cents a share on sales of $179 million. In addition, the firm announced it will acquire slide hosting service SlideShare in a deal valued around $118.75 million. Shares surged in extended-hours trading. (Click here for after-hours quotes.)

Kraft - The Dow component posted earnings of 57 cents a share on revenue of $13.1 billion, edging past expectationsfor 56 cents a share on sales of $13.05 billion. But shares were slightly lower in extended-hours trading. (Click here for after-hours quotes.)

First Solar - The solar panel maker posted a quarterly loss, hurt by restructuring charges and weaker prices for its thin-film solar equipment. In addition, the company appointed James Hughes as its new CEO.(Click here for after-hours quotes.)

Dolby - The audio tech company posted earnings of 91 cents a share, excluding one-time items, on revenue of $260 million, topping expectations for 75 cents a share on sales of $254 million. Shares surged in extended-hours trading. (Click here for after-hours quotes.)

JC Penney - The retailer named Ken Hannah its new CFO following the departure of Michael Dastugue last month. Hannah was the president at MEMC Electronic Materials. (Click here for after-hour quotes.)

Red Hat - The software company was initiated with an "outperform" rating at BMO Capital. (Click here for after-hours quotes.)

Qiagen - The biotech company announced it will acquire privately-owned AmniSure International, but financial terms of the deal were not disclosed.(Click here for after-hours quotes.)

Follow JeeYeon Park 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 Senior Commodities Correspondent and 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.