Stock Market and Investing: Stocks to Watch: YHOO, BRCM & More ...

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Stocks to Watch: YHOO, BRCM & More

CNBC.com | July 05, 2012 | 04:51 PM EDT

Check out which companies are making headlines after the bell Thursday:

Yahoo [ YHOO?15.78? -0.07 (-0.44%) ] - The Internet company is considering hiring News Corp's [ NWSA?22.13? -0.31 (-1.38%) ] Jonathan Miller as its new CEO, according to a report from Reuters. Yahoo is also considering Hulu's Jason Kilar and interim CEO Ross Levinsohn for the position. (Click here for extended-hours quote.)

Broadcom [ BRCM?32.57? -1.12 (-3.32%) ] - The semiconductor company and Emulex [ ELX?6.89? -0.35 (-4.83%) ] announced a partial settlement and worldwide patent agreement. Broadcom shares edged higher in after-hours trading. (Click here for extended-hours quotes.)

Xyratex [ XRTX?12.42? +0.70 (+5.97%) ] - The data storage technology provider reported earnings of 24 cents a share on revenue of $322 million, missing expectations for 29 cents a share on sales of $327 million, but handed in a third-quarter outlook that came in at the higher end of the estimated range. Shares rallied in extended-hours trading. (Click here for extended-hours quote.)

Ambow Education [ AMBO?3.21? -0.52 (-13.94%) ] - Jefferies downgraded the company to "hold" from "buy" and cut its price target to $5.30 from $10. (Click here for extended-hours quote.)

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Source: http://www.cnbc.com/id/48082302

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