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After-hours buzz: Palo Alto Networks, Workday & more

Scott Mlyn | CNBC

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

Amgen - The biotech drug developer dropped in extended-hours trading after it said it was halting late-stage trials of its treatment for gastric cancer because patients who used it were more likely to die.

Brocade Communications Systems - The networking company slipped in after-hours trading after reporting fiscal fourth-quarter results.

Loral Space & Communications - The publicly traded shell company that owns a majority stake in Telesat Holdings gained in extended-hours trading after Bloomberg News reported Ontario Teachers' Pension Plan and Public Sector Pension Investment Board are close to a $7 billion deal for Telesat, a Canadian satellite company.