Check out which companies are making headlines after the bell Wednesday:
Zynga [ZNGA? Loading...? ? ? () ?
] - The social gaming company's COO John Schappert resigned from the firm and board. According to the Wall Street Journal, Schappert resigned following a demotion. Shares moved lower in extended-hours trading. Last month, the company posted earnings that fell short of expectations and handed in a weaker-than-expected outlook. (Click here for after-hours quote.)
News Corp [NWSA? Loading...? ? ? () ?
] ? The media giant posted earnings of 32 cents a share excluding one-time items, in line with expectations. But the company reported revenue of $8.4 billion, missing estimates for $8.72 billion, sending shares lower in extended-hours trading. In addition, the company said it sees 2013 adjusted profits up by high-single to low-double-digit percent. (Click here for after-hours quote.)
Apple [AAPL? Loading...? ? ? () ?
] ? Stifel Nicolaus initiated coverage for the iPad maker with a "buy" rating and a price target of $825. (Click here for after-hours quote.)
Monster Beverage [MNST? Loading...? ? ? () ?
] ? The energy-drink maker posted earnings of 59 cents a share on revenue of $593 million, missing estimates for 61 cents a share on revenue of $596 million. Shares plunged in extended-hours trading. (Click here for after-hours quote.)
Amgen [AMGN? Loading...? ? ? () ?
] ? The pharmaceutical company ended a phase three trial of its ganitumab treatment for a type of pancreatic cancer. (Click here for after-hours quote.)
Jack in the Box [JACK? Loading...? ? ? () ?
] ? The fast-food restaurant chain posted earnings of 37 cents a share, excluding one-time items, edging past expectations for 35 cents a share. But revenue was lighter than expected. Still, the company handed in a stronger-than-expected earnings guidance for the full year. (Click here for after-hours quote.)
Allscripts Healthcare [MDRX? Loading...? ? ? () ?
] ? The health-care IT company posted earnings of 16 cents a share, excluding one-time items, slightly missing estimates for 18 cents a share. Meanwhile, revenue was in line at $370 million. Shares jumped in extended-hours trading. (Click here for after-hours quote.)
SunPower [SPWR? Loading...? ? ? () ?
] ? The solar energy company swung to a profit of 8 cents a share, excluding one-time items, beating estimates for a loss of 9 cents a share. Meanwhile, the company posted revenue of $596 million, missing estimates for $614 million. In addition, the company handed in disappointing current-quarter guidance in addition to a weak full-year revenue outlook, sending shares tumbling in extended-hours trading. (Click here for after-hours quote.)
Seattle Genetics [SGEN? Loading...? ? ? () ?
] ? The biotechnology company posted a loss of 15 cents a share, in line with estimates. Meanwhile, revenue was slightly lighter than expected, pushing shares lower in extended-hours trading. (Click here for after-hours quote.)
?By CNBC?s JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)
Questions?? Comments? Email us at
? 2012 CNBC.com
Source: http://www.cnbc.com/id/48573167
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