GO
Loading...

Stocks to Watch: BBBY, ADBE, NSC & More

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

Bed Bath & Beyond - The domestic merchandise retailer posted earnings of 98 cents a share, disappointing analysts who had expected a profit of $1.02 a share. The company posted sales of $2.59 billion, edging past expectations for $2.56 billion. Meanwhile, the retailer handed in a current-quarter earnings guidance that was mostly in line with estimates. Shares fell in extended-hours trading. (Click here for after-hours quote.)

Adobe Systems - The computer-software company posted earnings of 58 cents a share, excluding one-time items, in line with estimates. But revenue was lighter than expected at 1.08 billion, versus expectations for $1.10 billion. In addition, the company handed in a weaker-than-expected current-quarter guidance, sending shares sharply lower in extended-hours trading. (Click here for after-hours quote.)

Norfolk Southern - The railroad company handed in a weaker-than-expected third-quarter guidance, hurt by decreased coal and merchandise shipments, sending shares sharply lower in extended-hours trading. Other rail stocks also tumbled, including CSX , Union Pacific and Kansas City Southern . (Click here for after-hours quotes.)

JPMorgan - The financial giant said its consumer banking website has been suffering intermittent outagesthroughout the afternoon. Bank of America had also faced similar outages on Tuesday. (Click here for after-hours quotes.)

Verizon - The telecom company reached a three-year contract agreement with the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW) for about 43,000 East wireline associates. (Click here for after-hours quote.)

AOL - The Internet company appointed Karen Dykstra as its new CFO. (Click here for after-hours quote.)

Steelcase - The office furniture company posted earnings of 25 cents a share, ex-items, on revenue of $745 million, topping expectations for 19 cents a share on sales of $728 million. While the company handed in a lighter-than-expected current-quarter earnings and revenue outlook, shares still rallied 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

Symbol
Price
 
Change
%Change
AOL
---
ADBE
---
BBBY
---
JPM
---
NSC
---
UNP
---

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.

  • CNBC Senior Commodities Correspondent 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.