US stocks raced up higher on Thursday and 21st Century Fox Inc (NASDAQ:FOXA) kept the momentum going after the bell, adding over 8% to US$31.73 each.
It came after reports emerged that Comcast had approached the New York-based mass media company to express interest in buying major assets.
Most recently, Fox executives reportedly were in talks to sell most of the company to Disney. On Friday, shares in the group added 4.20% to US$30.55.
Elsewhere, Ross Stores Inc (NASDAQ:ROST) added almost 8% after the bell to US$ 70.90 as the clothing and home goods retailer posted third quarter earnings and revenue, which blasted past Wall Street expectations. In the regular session, shares gained 8.83% to US$71.49 each.
Sticking with clothes, GAP Inc (NYSE:GPS) shares raced up almost 10% after the bell to US$30.22 as it reported a beat on third quarter earnings and saw their third straight quarter of same-store sales growth.
The firm also raised guidance for both the holiday season and the year ahead. Shares in GAP added 6.26% to US$29.30 each.
Applied Materials Inc (NASDAQ:AMAT) rose over 3.03% to US$59.59 in extended deals, after the firm added almost 4% in the regular session. The computer chip firm posted earnings and revenue, which beat Wall Street expectations.Shares on Friday's regular session shed 0.83% to US$57.36.
Elsewhere, Williams- Sonoma Inc shares lost over 11% to US$ 46.80 after the high end home and kitchen firm posted earnings, which just missed analyst expectations. The group also announced a deal to buy a 3D imaging and augmented-reality company.
Sales suffered from an estimated US$7mln of losses from hurricane damages, and bad publicity throughout the year.
Ross Stores (ROST:NASDAQ) rallies after reporting higher than expected earning results— Arijit (@AutomatedTweet5) 17 November 2017