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After-hours buzz: HP Inc, Wal-Mart & more

Reem Nasr
Brendan McDermid | Reuters. Expert weighs in on the high-yields bond market, and why it isn't indicative of a recession.

Check out the companies making headlines after the bell Tuesday:

Shares of HP Inc. (HPQ) fell in extended-trade after the computer maker missed on the top and bottom lines for the fourth quarter. The computer maker split into two separate publicly traded companies earlier this month in an effort to trim costs and compete in a fast-paced market. Now, HP sells personal computers and printers, while Hewlett Packard Enterprise (HPE) sells commercial computer systems, software and tech services.

Wal-Mart (WMT) inched lower on a report from The Wall Street Journal about an investigation into the company's operations in Brazil.

PTC Therapeutics (PTCT) dropped after the Food and Drug Administration said clinical data to date did not merit approving the drug developer's muscle-wasting disorder drug.

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Shares of TiVo (TIVO) slipped despite stronger than expected revenue guidance for the fourth quarter. The digital video recording company missed on earnings for the third quarter, but posted higher revenue than expected by analysts.

Guess (GES) popped on earnings that beat Wall Street forecasts. The clothing company posted third-quarter revenue that was in line with expectations.

Hilton Worldwide (HLT) inched up after the company said it had identified and eliminated malware that targeted card information during a 17- week period.

Shares of SunEdison (SUNE) were up in extended trade on earlier news that the U.S. solar company would sell projects in India for $231 million.

— CNBC's Jacob Pramuk and Reuters contributed to this report.



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