Market Insider

After-hours buzz: DIS, JACK, RHT & more


Check out the companies making headlines after the bell Monday:

Walt Disney shares rose slightly on media reports that it could lay off 200 to 300 employees at its ESPN unit. Disney declined to comment on the reported cuts, but told CNBC that "any organizational changes will be announced directly to our employees, if and when appropriate."

Jack in the Box shares rose about 2 percent as the restaurant chain announced a new $200 million share repurchase program. The round of buybacks will run from fiscal 2016 to November 2017.

Jack in the Box restaurant in Los Angeles, Calif.
Getty Images

Software company Red Hat posted a 13 percent rise in quarterly revenue as net income rose to 28 cents per share from 25 cents a share a year earlier. The stock fell about 1 percent in extended trading.

J.M. Smucker announced a secondary offering of more than 8 million shares of common stock. The company's shares fell nearly 2 percent in extended trading.

Shares of Thor Industries dropped nearly 4 percent after the recreational vehicle maker posted a 2 percent increase in year-over-year sales. Diluted earnings per share rose 5 percent from the year earlier.

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Fertilizer company Mosaic cut its sales outlook as it said it would scale back potash production. The company's stock shed nearly 2 percent in extended trading.

Shares of drug wholesaler AmerisourceBergen rose slightly after it announced a $2.4 billion share buyback to offset the issuance of common stock by warrant holders.