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Stocks to Watch: AA, MSFT, AMD & More

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

Alcoa - The Dow component posted earnings of 6 cents a share on sales of $5.96 billion, edging past expectationsfor 5 cents a share on revenue of $5.81 billion.

“Although aluminum prices are down, the fundamentals of the aluminum market remain sound with strong demand and tight supply, and Alcoa is successfully capitalizing on accelerating demand in high-growth end markets such as aerospace and automotive,” said Klaus Kleinfeld, Chairman and CEO in a prepared statement. Shares gained slightly in after-hours trading. (Click here for extended-hours quote.)

Microsoft - The tech giant and Coby Electronics signed a patent agreement covering Android and Chrome-based devices. (Click here for extended-hours quote.)

AMD - The semiconductor company said it expects revenue to fall 11 percentfrom last quarter versus previous guidance of a 3-percent gain. The company also reported that they expect softer than expected channel sales in Europe and China. The company will announce earnings on July 19. Shares slid in after-hours trading. (Click here for extended-hours quote.)

Mako - The surgical products developer posted lower-than-expected sales of its surgical robot for the second quarter in a row. In addition, the company said it now expects to sell between 42 to 48 RIO systems (Robotic Arm Interactive Orthopedic System) in 2012, down from an earlier forecast of 52 to 58, due to the slower-than-expected start during the first six months of the year. Shares plunged sharply in after-hours trading. (Click here for extended-hours quote.)

Denny's - The restaurant chain said it signed an agreement with Great China International Group to open 50 restaurants in southern China over the next 15 years. Shares jumped in extended-hours trading. (Click here for extended-hours quote.)

PriceSmart - The largest operator of membership warehouse clubs in Central America posted earnings of 52 cents a share on sales of $507 million, missing estimates for 59 cents a share on revenue of $511 million. Shares slumped in extended-hours trading. (Click here for extended-hours quote.)

WD-40 - The water-displacing spray maker posted earnings of 57 cents a share on sales of $87 million, missing expectations for 61 cents a share on revenue of $92 million. Shares tumbled in extended-hours trading. (Click here for extended-hours quote.)

Millennial Media - Oppenheimer initiated coverage of the company with an "outperform" rating and a $17 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

  • 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's Senior 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.