Stock Market and Investing: Stocks to Watch: AAPL, EMC, IBM - CNBC

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Stocks to Watch: AAPL, EMC, IBM & More

CNBC.com | July 10, 2012 | 04:42 PM EDT

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

Apple [ AAPL?601.78? -6.43 (-1.06%) ] - UBS initiated coverage of the iPad maker with a "buy" rating and a $740 price target. The stock was largely unchanged in extended-hours trading after slumping almost 1 percent in the regular session, finishing near $608 a share. (Click here for after-hours quote.)

EMC [ EMC?23.46? -0.10 (-0.42%) ], IBM [ IBM?184.73? -1.53 (-0.82%) ] - UBS also initiated coverage of EMC with a "buy" rating and a $30 price target and IBM with a "neutral" rating and a $205 price target. (Click here for after-hours quotes.)

Cliffs Natural Resources [ CLF?45.78? -0.25 (-0.54%) ] - The mining company announced it will sell its Sonoma coal mine interest. In addition, the company also announced a quarterly dividend of $0.625 a share. Shares edged higher in extended-hours trading. (Click here for after-hours quote.)

Weight Watchers [ WTW?47.98? +0.01 (+0.02%) ] - The weight loss and packaged food company named Nicholas Hotchkin as its new CFO effective Aug. 20. Hotchkin was previously the senior vice president of finance at Staples [ SPLS?12.685? -0.285 (-2.20%) ]. (Click here for after-hours quote.)

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Source: http://www.cnbc.com/id/48137582

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