Go Symbol Lookup
Loading...

After-Hours Buzz: YHOO, TXN & More

 Text Size  
Published: Monday, 22 Oct 2012 | 4:57 PM ET
By:

CNBC.com Writer

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

Yahoo - The Internet search company posted earnings of 35 cents a share, excluding one-time items, on revenue of $1.09 billion, easily topping expectations for 25 cents a share on sales of $1.08 billion. The company offered no guidance. Shares gained in extended-hours trading.

In her first earnings conference as CEO, Marissa Mayer said she is "very impressed" with the company's progress in the third quarter and added that Yahoo is working closely with Microsoft to improve search. She also said mobile is the firm's top priority, adding that Yahoo will have to be predominantly a mobile company at some point in the near future. (Click here for after-hours quote)

(Read More: Stocks Recover to End Higher; Apple Jumps 4%)

Texas Instruments - The chipmaker reported sales of $3.39 billion, topping estimates for $3.34 billion. But the company posted current-quarter revenue guidance that was below estimates. (Click here for after-hours quote)

Apple - The iPhone maker continued to edge higher in extended-hours trading after seeing its best day in nearly five months during the regular session. (Click here for after-hours quote)

Western Digital - he computer hard disk drive manufacturer posted earnings of $2.36 a share on revenue of $4.04 billion, topping estimates for $2.29 a share on revenue of $3.97 billion. Meanwhile, the company handed in current-quarter revenue guidance that disappointed, sending shares sharply lower in extended-hours trading. Rival Seagate Tech also traded lower following the news. (Click here for after-hours quote)

Accenture - The IT consulting and services company announced that CEO Pierre Nanterme would also become Chairman, effective February 2013. Shares were largely unchanged in extended-hours trading. (Click here for after-hours quote.)

Zions Bancorp - he financial company posted earnings of 37 cents a share, excluding one-time items, on revenue of $563 million, beating expectations for 30 cents a share on sales of $561 million. (Click here for after-hours quote)

Swift Transportation - The trucking company missed earnings and revenue expectations, sending shares lower in extended-hours trading. (Click here for after-hours quote)

Veeco - The tech company posted earnings that edged past expectations, but revenue fell short of estimates. In addition, the firm handed in current-quarter guidance that badly missed expectations, sending shares sharply lower in extended-hours trading. (Click here for after-hours quote)

(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

 Print
Check out which companies are making headlines after the bell Monday.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

  • Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • Greenberg is senior stocks commentator for CNBC appearing throughout business day programming and on CNBC.com.

  • A CNBC reporter since 1990, Pisani reports on Wall Street and the stock market from the floor of the New York Stock Exchange. Follow him on Twitter @BobPisani.

  • Epperson covers the global energy, metals and commodities markets from the NY Mercantile Exchange for CNBC and CNBC.com.

  • Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Editor at CNBC, commodity trader in a former life.

  • CNBC Markets Producer

  • Senior Producer at CNBC's Breaking News Desk.

  • Website Producer at CNBC