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Stocks to Watch: CSCO, NWSA & More

Wednesday, 9 May 2012 | 4:47 PM ET

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

Cisco - The tech bellwether posted earnings of 48 cents a share on revenue of $11.6 billion, edging past expectationsfor 47 cents a share on sales of $11.58 billion. Shares were initially higher following the report, but turned sharply lower after the firm handed in a disappointing guidance during its conference call. (Click here for after-hours quotes.)

News Corp - The media company posted earnings of 37 cents a share on revenue of $8.4 billion, topping expectations for 31 cents a share on sales of $8.24 billion. Shares of the firm gained in extended-hours trading. (Click here for after-hours quotes.)

Priceline.com - The travel agency website reported a profit of $4.28 a share, topping expectations for $3.95 a share. Meanwhile, the firm posted sales of $1.04 billion, in line with estimates. But the firm handed in revenue guidance for the second quarter that fell short of expectations, sending slightly lower in extended-hours trading. (Click here for after-hours quotes.)

Activision Blizzard - The videogame publisher posted earnings of 6 cents a share, excluding one-time items, on revenue of $587 million, topping expectations for 4 cents a share on sales of $556 billion. Meanwhile, the company handed in guidance for the second-quarter that was weaker-than-expected. Still, shares were slightly higher in extended-hours trading. (Click here for after-hours quotes.)

Tesla - The automaker posted a loss of 76 cents a share on revenue of $30.2 million. Analysts had expected the firm to post a loss of 69 cents a share on revenue of $32 million. But shares were still higher in extended-hours trading. (Click here for after-hours quotes.)

Monster Beverage - The beverage maker posted earnings of 41 cents a share on revenue of $455 million, beating expectations for 38 cents a share on sales of $447 million, thanks to higher margins. Shares of the firm surged in extended-hours trading. (Click here for after-hours quotes.)

Universal Display - The OLED technology vendor posted a loss of 4 cents a share on revenue of $12.6 million. Wall Street analysts had expected the firm to hand in a profit of 4 cents a share on revenue of $16 million. Shares tumbled in extended-hours trading. (Click here for after-hours quotes.)

MEMC Electronic Materials - The silicon wafer manufacturer posted a loss of 26 cents a share, on revenue of $519 million. Analysts had expected the firm to report flat earnings on revenue of $637 million. Shares dropped in extended-hours trading. (Click here for after-hours quotes.)

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ATVI
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TSLA
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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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  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

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