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Stocks to Watch: ORCL, C, JCP & More

Monday, 18 Jun 2012 | 5:14 PM ET

Check out which companies are making headlines after the bell Monday:

Oracle - The tech giant posted earnings of 82 cents a share, excluding one-time items, topping expectations for 78 cents a share. Revenue came in line with estimates at $10.9 billion. The firm had been scheduled to report earnings on Thursday.

The company also announced it will buy back up to $10 billion more in common stock. Shares jumped in extended-hours trading. (Click here for after-hours quote.)

Facebook - The social-networking giant's shares continued to edge higher in extended-hours trading after the company rallied almost 5 percent in the regular session. Earlier, the firm announced it will buy Face.com, a site that provides facial-recognition technology.(Click here for after-hours quote.)

Citigroup - CEO Vikram Pandit told CNBC that the financial giant is ready for the worst case even if Moody's downgrades U.S. banks. He also added that a decision about the firm's dividend increase will be made at the end of the year. (Click here for after-hours quote.)

Chesapeake - Vincent Intrieri, senior managing director for Carl Icahn has been named to join Chesapeake's board, sources told CNBC. A new chairman in addition to other directors will be named by Friday. (Click here for after-hours quote.)

JCPenney - The apparel retailer announced that President Michael Francis will leave the company effective Monday. Francis had joined the retailer from Target last October. No replacement has been named. Shares slumped in extended-hours trading. (Click here for after-hours quote.)

Pep Boys - The auto parts and repair company announced its CFO Raymond Arthur will resign at the end of the month to pursue other business opportunities. Shares slipped in extended-hours trading. (Click here for after-hours quote.)

IHS - The business information services company posted earnings of 97 cents a share, excluding one-time items, on revenue of $387 million, topping expectations for 94 cents a share on sales of $384 million. But the company handed in a full-year 2012 earnings guidance that were on the lower end of estimates, pushing shares lower in extended-hours trading. (Click here for after-hours quote.)

Coca-Cola Enterprises - The marketer and distributor of Coca-Cola products reaffirmed its 2012 earnings-per-share growth of approximately 10 percent. Shares were largely unchanged in extended-hours trading. (Click here for after-hours quote.)

—By CNBC’s JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

Questions? Comments? Email us at marketinsider@cnbc.com

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Featured

  • 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.

  • Sharon Epperson is CNBC's senior commodities 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.

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