After-Hours Buzz: JBHT, AMD, WY & More
Check out which companies are making headlines after the bell Thursday:
J.B. Hunt - The trucking and transportation company posted earnings of 65 cents a share on sales of $1.30 billion. Analysts expected the company to post earnings of 66 cents a share on revenue of $1.28 billion. Shares declined in extended-hours trading. (Click here for after-hours quote.)
(Read More: Dow Logs 4-Day Losing Streak; Apple Falls 2%)
AMD - The chipmaker said it sees third-quarter revenue falling 10 percent from the prior quarter, citing weak demand. The company also cut its gross margin expectations to 31 percent from 44 percent. Shares tumbled in extended-hours trading. Other semiconductor companies including Intel and Texas Instruments also drifted lower in extended-hours trading.
Beazer Homes - The homebuilder announced a one-for-five reverse stock split of its common stock, effective Friday.
Weyerhaeuser - The pulp and paper company raised its dividend to 17 cents a share from 15 cents a share.
Oppenheimer initiated coverage of Apollo Global Management andCarlyle Group with a "perform" rating.
Peregrine Semiconductor - The chipmaker voluntarily withdrew its lawsuit against RF Micro Devices
(Read More: CNBC's Market Insider Blog)
—By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)
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