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Stocks to Watch: TXN, BIDU, VMW & More

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

Texas Instruments - The chipmaker posted earnings of 44 cents a share, topping expectations for 41 cents a share, but posted sales of $3.34 billion, slightly missing estimates for $3.35 billion. In addition, TI handed in a disappointing third-quarter guidance, sending shares lower in extended-hours trading. (Click here for after-hours quote.)

Baidu - The Chinese Internet company posted earnings of $1.24 a share, excluding one-time items, on revenue of $859 million, easily topping expectations for $1.11 a share on sales of $853 million. Shares rallied in extended-hours trading. (Click here for after-hours quote.)

VMWare - The business software maker posted earnings of 68 cents a share on revenue, beating expectations for 66 cents a share, and posted revenue of $1.12 billion, in line with estimates. In addition, the firm handed in third-quarter revenue guidance that was slightly below consensus. Separately, VMware announced it will acquire computer networking firm Nicira for $1.05 billion in a cash-and-stock deal. Shares edged slightly lower in extended-hours trading. (Click here for after-hours quote.)

DeVry - The for-profit higher education company handed in fourth-quarter earnings and revenue guidance that disappointed investors, sending shares sharply lower in extended-hours trading. Rival Apollo Group was also trading lower. (Click here for after-hours quote.)

JCPenney - Openheimer initiated coverage of the retailer with an "outperform" rating and a price target of $30. (Click here for after-hours quote.)

CNOOC - The Chinese oil and gas company was downgraded to "underperform" from "hold" at Jefferies.Earlier, the company announced it will buy Canada's Nexen for $15 billion. (Click here for after-hours quote.)

AOL - Goldman Sachs reinstated its "neutral" rating on the media company with a price target of $33. (Click here for after-hours quote.)

STMicro - The electronics manufacturer posted a loss of 5 cents a share, which was wider than a loss of 3 cents analysts had expected. But revenue was in line at $2.15 billion. (Click here for after-hours quote.)

Zions Bancorp - The regional bank posted earnings of 40 cents a share, excluding one-time items, on revenue of $555 million, topping expectations for 33 cents a share on sales of $553 million. Shares rose 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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  • 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 Senior Commodities Correspondent and Personal Finance Correspondent

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

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