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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