Shares of Avago Technologies Ltd. (AVGO) surged more than 6% in after hours trading after the Singapore-based chip maker reported better-than-expected third quarter results and gave an upbeat revenue outlook for the fourth quarter.
TiVo Inc.(TIVO) shares rose more than 2% in extended hours trading after the the San Jose, California-based DVR pioneer reported a swing to a second quarter profit, helped mainly by a $490 million patent-litigation settlement with Google Inc.'s (GOOG) Motorola Mobility and Cisco Systems Inc. (CSCO).
Shares of Accuray Inc. (ARAY) gained more than 8% in late trading after the maker of medical radiation systems for the treatment of body tumors reported forecast-beating fourth quarter results.
Wet Seal Inc. (WTSL) shares jumped more than 9% in after hours trading after the specialty retailer to young women posted a second quarter profit on improved sales and fewer markdowns.
Shares of Qihoo 360 Technology Co. Ltd. (QIHU) fell more than 4% in extended hours trading after the China-based provider of Internet and mobile security products said it plans to offer US$550 million principal amount of convertible senior notes due 2018.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.