AH buzz: Analog Devices, YUM, Canadian Solar & more
Karma Allen | @iam_karma
11 Mins Ago CNBC.com
Check out the companies making headlines after the bell Tuesday:
Electronic parts maker Analog Devices popped more than 6 percent after the company reported fiscal-third-quarter earnings. Revenue climbed 19 percent to $863 million from a year ago, while earnings increased to 68 cents a share from 57 cents.
Restaurant operator YUM Brands jumped about 3 percent in extended-hours trading after it named Micky Pant as its new CEO, succeeding Sam Su who will retire from the position as well as the company's board.
Canadian Solar shares fell about 8 percent after the energy products manufacturer handed in adjusted profit of 31 cents a share on $637 million in revenue, which beat estimates, but the company issued weak revenue guidance.
Weibo inched up about 3 percent after the Chinese social-media provider reported earnings of 5 cents a share on $107.8 million in sales.
UDR, a real estate investment trust, announced a public offering of 2.9 million shares. It plans to use the proceeds for working capital, among other purposes. The stock was down about 2 percent after the announcement.
The greatest deception men suffer is from their own opinions.
~ Leonardo da Vinci
