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After-Hours Buzz: LTD, NTAP, TXN & More

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Published: Wednesday, 14 Nov 2012 | 4:48 PM ET
By: | CNBC.com Writer

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

Limited Brands - The parent company of Victoria's Secret posted earnings of 26 cents a share, edging past expectations by 2 cents a share, excluding one-time items, on revenue of $2.05 billion, matching estimates. In addition, the company handed in current-quarter and full-year earnings guidance that were below forecasts, sending shares lower in extended-hours trading. (Click here for after-hours quote.)

(Read More: Stocks End Down 1% on 'Cliff,' Geopolitical Fears)

NetApp - The computer storage and data management company posted earnings of 51 cents a share, edging past expectations by 3 cents a share, on sales of $1.54 billion, matching estimates. The company also handed in current-quarter earnings guidance that was slightly higher than forecasts, while revenue was mostly in line. Shares rallied in extended-hours trading. (Click here for after-hours quote.)

Texas Instruments - The chipmaker announced it will erase nearly 1,700 jobs worldwide. The company expects annualized savings of $450 million by the end of 2013, as a result of the cuts. Shares edged higher in extended-hours trading. (Click here for after-hours quote.)

Groupon - The daily deal website appointed Kal Raman as COO. Raman initially joined the company in April as was previously the senior vice president of global sales and operations. Shares were slightly lower in extended-hours trading. (Click here for after-hours quote.)

Williams Sonoma - The high-end furniture and kitchenware retailer posted earnings of 49 cents a share on revenue of $945 million, topping estimates for 45 cents a share on sales of $922 million. Meanwhile, the company handed in a current quarter and full-year quarterly outlook that were below expectations, sending shares slightly lower in extended-hours trading. (Click here for after-hours quote.)

Petsmart- The pet products retailer posted earnings of 75 cents a share on revenue of $1.63 billion, topping expectations for 63 cents a share on revenue of $1.62 billion. In addition, the company lifted its full-year earnings guidance to above forecasts, sending shares higher in extended-hours trading. (Click here for after-hours quote.)

Akamai - The tech company postponed its investor summit, which had been scheduled for Dec. 12. Separately, the company reaffirmed its fourth-quarter guidance. (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

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

   
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