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Stocks to Watch: FB, ADBE, JBL & More

Tuesday, 19 Jun 2012 | 4:40 PM ET

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

Facebook - The social-networking giant announced changes to improve its payment systems, launching an option of subscription payments for apps, sources told CNBC. The stock was flat in after-hours trading after logging gains in the regular session. (Click here for extended-hours quote.)

Adobe Systems - The software company posted earnings of 60 cents a share, excluding one-time items, on revenue of $1.12 billion, edging past expectations for 59 cents a share on sales of $1.11 billion. However, shares fell in extended-hours trading after the company handed in disappointing guidance for the third quarter. (Click here for extended-hours quote.)

Jabil Circuit - The electronics manufacturing services provider posted earnings of 64 cents a share, excluding one-time items, in line with expectations. However, revenue missed estimates. In addition, the company also handed in fourth-quarter earnings and revenue guidance that were weaker-than-expected, pushing shares lower in extended-hours trading. (Click here for extended-hours quote.)

Applied Materials - The semiconductor maker named Gary Dickerson as its new President. Dickerson was previously CEO of Varian Semiconductor Equipment Associates, which Applied Materials acquired in 2011. Shares edged higher in extended-hours trading. (Click here for extended-hours quote.)

La-Z-Boy - The furniture manufacturer posted earnings of 37 cents a share, including 19 cents of one-time gains, on revenue of $327.4 million. Analysts expected the firm to earn 26 cents a share on revenue of $334 million. (Click here for extended-hours quote.)

Idenix - The biopharmaceutical company gained in extended-hours trading after it announced positive clinical data for its hepatitis C virus drug candidates IDX184 and IDX719. (Click here for extended-hours quote.)

Humana - Cantor Fitzgerald initiated coverage of the managed health care company with a "buy" rating and a $95 price target. (Click here for extended-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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