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Tag: buzz

After-hours buzz: IBM, ISRG, UAL & more

After-hours buzz: IBM, ISRG, UAL & more

Finance
Check out the companies making headlines after the bell: Shares of IBM plunged over 5 percent in extended trading. The information technology company reported first-quarter earnings and revenues that surpassed analyst estimates. Earnings guidance for the upcoming year remained 3 cents below analyst expectations. This is the company's second consecutive quarter of increasing revenue after a five-year drought.IBM's strategic imperatives only accounted for 47 percent of all IBM revenue this quarter, below the 49 percent they accounted for last quarter. Investors expected the number to remain unchanged and were disappointed with the decrease.Intuitive Surgical shares soared over 5 percent after hours, putting its stock in record-high territory. The robotics company reported earnings and revenu...
After-hours buzz: SWCH, VIAB, CVV & CGIX

After-hours buzz: SWCH, VIAB, CVV & CGIX

Finance
Check out the companies making headlines after the bell: Switch shares plummeted as much as 24 percent after hours. The data storage company reported a loss per share of $ 2.09, which was much larger than the 12 cents Wall Street expected. Switch attributed the loss to a one-time compensation expense. Revenues beat estimates, and guidance for the upcoming year was in line with estimates.Viacom stock dropped more than 2 percent in the extended session. Sources familiar told CNBC on Monday afternoon that a CBSbid for Viacom would value the media company below its current market valuation. This may indicate difficult negotiations to come.Shares of CVD Equipment rallied more than 10 percent post-market after the research equipment manufacturer announced its best financial results throughout it...
After-hours buzz: HRB, AVAV, OLLI & more

After-hours buzz: HRB, AVAV, OLLI & more

Finance
Check out the companies making headlines after the bell: Shares of H&R Block fell more than 4 percent during after-hours trading. The tax preparation company reported a first quarter loss that was in-line with expectations. The results reflect the seasonality of the business, CFO Tony Bowen said in a statement. However, H&R Block beat revenue expectations. AeroVironment's stock surged more than 9 percent during extended trading after the company's bottom line topped Wall Street expectations. The company a loss of 19 cents a share, compared with a loss of 34 cents a share expected by analysts polled by Thomson Reuters. The company's top line also topped analysts' estimates. Ollie's Bargain Outlet shares fell about 2 percent despite beating second quarter earnings and revenue expecta...
After-hours buzz: P, SYF & more

After-hours buzz: P, SYF & more

Finance
Check out which companies are making headlines after the bell:Shares of Pandora shot up nearly 4 percent in extended trading after the company announced a new CEO at the closing bell. Roger Lynch, former head of online TV provider Sling, will take over for Pandora's founder, Tim Westergren, who became CEO of the company for the second time just last year.Synchrony Financial's shares jumped more than 4 percent in after hours trading. Warren Buffett's conglomerate Berkshire Hathaway revealed a stake of 17.46 million shares in the Connecticut-based company in a financial disclosure after the bell.Shares of Arconic fell more than 2 percent in extended trading. The lightweight metals manufacturer posted gains in day trading on Monday for the first time since Aug. 7.Shares of General Electric sl...
Astronaut Buzz Aldrin rolls out the red carpet for Mars

Astronaut Buzz Aldrin rolls out the red carpet for Mars

Technology
Forty-eight years after he landed on the moon, Apollo 11 astronaut Buzz Aldrin rolled out a red carpet for the red planet at a star-studded gala at the Kennedy Space Center. Aldrin, 87, commemorated the upcoming anniversary of the 1969 mission to the moon under a historic Saturn V rocket Saturday and raised more than $ 190,000 for his nonprofit space education foundation, ShareSpace Foundation. Aldrin believes people will be able to land on Mars by 2040, a goal NASA shares. The space agency is developing the Space Launch System and the Orion spacecraft to send Americans to deep space. Apollo astronauts Walt Cunningham, Michael Collins and Harrison "Jack" Schmitt joined Aldrin, one of 12 people to walk on the moon, at the sold-out fundraiser. "I like to think of myself as an innovative fut...