GO
Loading...

After-Hours Buzz: RIMM, NKE, FB & More

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

Research In Motion - The BlackBerry maker reported a smaller quarterly lossthan expected, posting a loss of 27 cents versus estimates for a loss of 46 cents a share. In addition, the company reported revenue of $2.87 billion, topping expectations for $2.50 billion. Shares surged in extended-hours trading. (Click here for after-hours quote.)

(Read More: S&P Snaps 5-Day Slump; Apple Climbs 2%)

Nike - Thesports-apparel retailer posted earnings of $1.23 a share, on revenue of $6.67 billion, topping estimates for $1.12 a share on sales of $6.42 billion. Shares declined in extended-hours trading as the company's margins disappointed in Europe and spending outstripped revenue. Rival UnderArmour also slipped in extended-hours trading. (Click here for after-hours quotes.)

Facebook - The social-networking giant announced it will move into e-commerce, allowing users to buy real products for their friends as "gifts." The company will test out the system with 1 percent of its users, starting Thursday. Shares gained in extended-hours trading. (Click here for after-hours quotes.)

Micron - The chipmaker posted a loss of 24 cents a share, two cents worse than expected, on revenue of $1.96 billion, missing estimates for $2.12 billion. Shares were flat in extended-hours trading. (Click here for after-hours quote.)

Accenture - The management consulting and outsourcing company posted earnings of 88 cents a share, in line with expectations. The company reported sales of $6.84 billion, topping expectations for $6.76 billion. The company also handed in a current-quarter revenue guidance that was mostly in line with estimates. Shares rose in extended-hours trading. (Click here for after-hours quote.)

Hartford Financial - The financial services company will sell its Individual Life Insurance Business to Prudential Financial in a deal worth $615 million. (Click here for after-hours quotes.)

CIT Group - The financial services company traded lower in extended-hours trading after CEO told CNBC the firm is "absolutely not" being shopped. (Click here for after-hours quote.)

Credit Suisse initiated coverage of Devon Energy with an "outperform" rating and a $74 price target. Meanwhile, the firm initiated coverage of Denbury Resources and Plains Exploration with a "neutral" rating and a price target of $18.50 and $45, respectively. (Click here for after-hours quotes.)

(Read More: CNBC's Market Insider Blog)

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

Questions? Comments? Email us at marketinsider@cnbc.com

Symbol
Price
 
Change
%Change
UA
---
BB
---
DVN
---
HIG
---
NKE
---
PRU
---

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.