After-hours buzz: Kraft, Yahoo, Yum & more

Traders work the floor of the New York Stock Exchange.
Getty Images
Traders work the floor of the New York Stock Exchange.

Take a look at some of Tuesday's after hours buzz:

Kraft Foods edged higher in after-hours trade on news that the packaged foods company increased quarterly dividend by about 5 percent.

Yum Brands declined more than 1 percent in extended-hours trade after the fast food conglomerate reported earnings and revenue that slightly missed expectations.

Yahoo edged lower in after-hours trade on news that the Internet firm cut 400 jobs in India, representing about 3 percent of its global staff.

Twitter traded flat in extended-hours on news that the social media firm had sued the U.S. Department of Justice and the FBI for the right to reveal more information on U.S.government surveillance and requests for information from federal agencies.

GT Advanced Technologies gained nearly 5 percent in after-hours trade, building on Tuesday's recovery after sliding on Monday's report that Apple's sapphire substrate producer had filed for bankruptcy. Competitor Rubicon Technology fell more than 1 percent in extended-hours trade.

Allergan edged higher in extended-hours trade on news that Actavis plans to approach the Botox maker about a potential merger.

Wal-Mart gained slightly in after-hours trade after the superstore announced it plans to eliminate health insurance coverage for most of its part-time U.S. employees in an effort to control rising health care costs. The company is the nation's largest private employer.

Wires contributed to this report.