Palo Alto Networks, Portland General Electric and more

Find out which companies are making headlines after Monday hours:

Standex International – Shares of the industrial mold manufacturing company rose 0.2% on better-than-expected results from the previous quarter. Standex reported adjusted earnings for the fiscal fourth quarter of 65 cents per share. Analysts polled by FactSet had expected earnings of 43 cents a share. “Since the end of April, our end markets have shown a gradual increase in the level of customer activity which continued into our first quarter,” said CEO David Dunbar.

Palo Alto Networks – Palo Alto Networks posted earnings per share of $ 1.48, beating a FactSet estimate of $ 1.39 per share. The company has also released better-than-expected earnings guidance for the current quarter. However, Palo Alto shares slipped more than 3% after-hours trading.

Tiffany – Tiffany shares fell 0.6% after Reuters reported, citing a source, that French jeweler and luxury goods maker LVMH would postpone a $ 16.2 billion merger for another three months. The deal still lacks the regulatory approval needed to pass, including in the European Union, according to the report.

Portland General Electric – Shares of the Portland-based utility have fallen more than 6% after the company announced the formation of a special committee to review recent losses in energy trading activities. Portland General Electric said it suffered realized losses of $ 104 million in 2020. The company also lowered its profit forecast for the full year.