Stock Market and Investing: Stocks to Watch: ACN, QCOM, RSH ...

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Stocks to Watch: ACN, QCOM, RSH & More

CNBC.com | June 27, 2012 | 04:38 PM EDT

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

Accenture [ ACN?55.835? -0.035 (-0.06%) ] - The IT consulting company was selected by California to implement a statewide health insurance exchange, in a contract valued around $359 million. The company is scheduled to post earnings after-the-bell Thursday. (Click here for extended-hours quote.)

Broadcom [ BRCM?32.48? -0.41 (-1.25%) ], Qualcomm [ QCOM?54.33? -0.58 (-1.06%) ] - Cantor Fitzgerald initiated coverage of both tech companies with "buy" ratings and price targets of $40 and $66, respectively. (Click here for extended-hours quotes.)

RadioShack [ RSH?3.95? -0.12 (-2.95%) ] - The consumer-electronics company announced that Chief Merchandise Officer and Executive Vice President Scott Young resigned as of Tuesday. The stock has tumbled nearly 60 percent year to date. (Click here for extended-hours quotes.)

Red Hat [ RHT?52.83? -1.59 (-2.92%) ] - The software company will acquire open source integration and messaging firm FuseScore, but financial terms of the deal were not disclosed. (Click here for extended-hours quote.)

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