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After-Hours Buzz: CRM, HPQ, CRUS & More

Tuesday, 20 Nov 2012 | 4:44 PM ET

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

Hewlett-Packard - The tech giant edged higher in extended-hours trading after plunging nearly 12 percent during the regular session, touching a 10-year low. Earlier Tuesday, the company reported earnings that beat expectations, but only after excluding a huge accounting charge related to the acquisition of its Autonomy software unit.

Separately, Autonomy founder Mike Lynch said HP's allegation of accounting fraud are factually incorrect. He told CNBC's "Closing Bell" the issues must have been mismanagement after HP purchased the company. (Click here for after-hours quote.)

(Read More: Stocks End Flat, but Bernanke Remarks Weigh)

Salesforce.com - The enterprise cloud computing company earned 33 cents a share, excluding one-time items, on revenue of $788 million, edging past expectations for 32 cents a share on sales of $777 million. In addition, the company raised its full-year 2013 revenue to between $3.04 billion and $3.05 billion, topping estimates for $3.03 billion. Shares edged higher in extended-hours trading. (Click here for after-hours quote.)

CBS - CBS News has expressed interest to CBS Corp. about merging their book businesses, according to The Wall Street Journal. (Click here for after-hours quote.)

Cirrus Logic - The tech company announced a $200 million share repurchase program, sending shares higher in extended-hours trading. (Click here for after-hours quote.)

Chipotle Mexican Grill - The fast-casual restaurant announced it has added an additional $100 million to the existing $100 million share repurchase plan announced last month. The company has repurchased about $40 million so far under the previously announced $100 million buyback. Shares ticked higher in extended-hours trading. (Click here for after-hours quote.)

Zale - The fine jewelry retailer posted a loss of 88 cents a share on revenue of $357 million. Analysts expected the company to post a loss of 68 cents a share on sales of $365 million. Shares tumbled in extended-hours trading. (Click here for after-hours quote.)

JDS Uniphase - The tech company appointed Richard Belluzzo chairpman of the board. Shares were slightly higher 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

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  • 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.

  • Sharon Epperson is CNBC's senior commodities 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.

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