Among the companies with shares expected to actively trade in Tuesday's session are Netflix Inc. (NFLX), Symmetricom Inc. (SYMM), Oxygen Biotherapeutics Inc. (OXBT) and VMware Inc. (VMW).

Netflix's third-quarter profit more than quadrupled as the movie-subscription company added more Internet subscribers globally. Shares jumped 11% to $394.83 in after-hours trading, as sales for the quarter exceeded expectations and Netflix issued a rosy outlook for the current quarter.

Microsemi Corp. (MSCC) agreed to pay almost $298 million to acquire Symmetricom, a deal that will expand the power-management supplier's exposure into the aerospace and defense industries while also immediately adding to earnings. Shares in Symmetricom soared 50% to $7.15 in after-hours trading.

Oxygen Biotherapeutics said it agreed to buy about $4.8 million in assets from Phyxius Pharma that treat cardiac surgery patients. Shares of Oxygen Biotherapeutics were up 68% to $2.35 in after-hours trading.

VMware's third-quarter profit rose 66% as the virtualization-software maker posted strong growth in revenue and wider margins. Shares of VMware were up 11% to $91.88 in after-hours trading as the company's earnings beat expectations.

Texas Instruments Inc.'s (TXN) third-quarter profit fell 20% as the chip maker's sales dipped slightly and it recorded a larger provision for income taxes compared with the year-ago period. In after-hours trading, the company's stock fell 3.2% to $39.70 as TI's current-quarter outlook missed analyst expectations.

E-Commerce China Dangdang Inc. (DANG) on Monday cut its estimate for third-quarter revenue as the Chinese online retailer said it cut sales of some lower-margin products. Shares dropped 11% to $10.33 after hours.

Shares of Illumina Inc. (ILMN) jumped after the gene-sequencing company reported better-than-expected third-quarter results and issued a rosier outlook for the current year. The stock climbed 6.4% to $87.01 in after-hours trading.

 
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Moody's Investors Service lowered its ratings on Darden Restaurants Inc. (DRI) closer to junk territory, citing the restaurant operator's weaker-than-expected earnings performance due to declines at Olive Garden and Red Lobster.

Discover Financial Services' (DFS) third-quarter earnings fell 6.9% as the company set aside more money to cover potential loan losses, though the company's credit-card business continued to see growth in loans and a drop in deliquencies.

J.C. Penney Co. (JCP) and Martha Stewart Living Omnimedia Inc. (MSO) have agreed to tighten the terms of their merchandising agreement, which has been the focus of a court fight with Macy's Inc. (M).

PDL BioPharma Inc. (PDLI) said it had acquired the royalty rights and milestones payable on sales of DepoMed's (DEPO) type 2 diabetes products for $240.5 million in cash.

Rent-A-Center Inc.'s (RCII) third-quarter earnings fell 31% despite modest overall revenue growth, though falling electronics products prices and increased promotional activity contributed to a same-store sales decline in its core U.S. business segment of 5.1%.

Discount retailer TJX Cos. (TJX) issued a rosier fiscal third-quarter outlook and raised the company's full-year earnings outlook. The parent of T.J. Maxx, HomeGoods and Marshalls bullish outlook commentary was disclosed a day before the retailer is hosting an investor event.

Write to John Kell at john.kell@wsj.com

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