Stocks to Watch: ACN, QCOM, RSH & More

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

Accenture - The IT consulting company was selected by California to implement a statewide health insurance exchange, in a contract valued around $359 million. The company is scheduled to post earnings after-the-bell Thursday. (Click here for extended-hours quote.)

Broadcom , Qualcomm - Cantor Fitzgerald initiated coverage of both tech companies with "buy" ratings and price targets of $40 and $66, respectively. (Click here for extended-hours quotes.)

RadioShack - The consumer-electronics company announced that Chief Merchandise Officer and Executive Vice President Scott Young resigned as of Tuesday. The stock has tumbled nearly 60 percent year to date. (Click here for extended-hours quotes.)

Red Hat - The software company will acquire open source integration and messaging firm FuseScore, but financial terms of the deal were not disclosed. (Click here for extended-hours quote.)

Paychex - The company posted earnings of 34 cents a share, in line with expectations. However, revenue fell short of analyst estimates, sending shares lower in in after-hours trading. (Click here for extended-hours quote.)

Flow International - The waterjet solutions company posted earnings of 6 cents a share on sales of $63.4 million, edging past expectations for 4 cents a share on revenue of $63 million. Shares jumped in extended-hours trading. (Click here for extended-hours quote.)

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

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