Market Insider

After-hours buzz: Oracle, Apogee, Herman Miller & more


Check out the companies making headlines after the bell Wednesday:

Trader on the floor of the New York Stock Exchange.
Brendan McDermid | Reuters

Oracle shares fell as much as 1.3 percent after the software company reported adjusted earnings of 53 cents a shares, beating estimates by a penny, on $8.45 billion in revenue, missing forecasts of $8.53 billion.

Furniture manufacturer Herman Miller saw its shares jump 8 percent after it reported better-than-expected earnings and revenue. The company also gave strong second-quarter guidance.

The Department of Justice said it would not challenge Expedia's $1.3 billion acquisition of rival airline-ticket provider Orbitz Worldwide. Orbitz shares were up about 1 percent after hours, while Expedia shares were flat.

Building products maker Apogee Enterprises tumbled more than 9 percent after handing in revenue of $241 million, missing forecasts for $247 million. The company also lowered its fiscal 2016 revenue-growth expectations.

Sports apparel maker Under Armour said it aims to generate revenues of $7.5 billion by 2018. It made $3.1 billion in revenue during its most recent fiscal year, according to FactSet data. The stock rose modestly in after-hours trading.

Northrop Grumman announced a fresh $4 billion share repurchase program. Shares were up about 1 percent after the announcement.