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After-Hours Buzz: FB, V, YELP & More

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

Facebook The social networking giant posted earnings of 12 cents a share, excluding one-time items, missing expectations by a penny a share, on sales of $1.46 billion, edging past expectations for $1.44 billion. In addition, the company reported monthly active users of 1.11 billion. Shares edged higher in extended-hours trading.

(Read More: Stocks End Near Lows on Weak Economic Data)

Visa The credit card provider posted earnings of $1.92 a share, excluding one-time items, on sales of $2.96 billion, exceeding expectations for $1.81 a share on revenue of $2.85 billion. In addition, the company raised its full-year earnings growth guidance to around 20 percent. Shares gained in extended-hours trading.

Yelp The business and restaurant review website posted a loss of 8 cents a share on revenue of $46 million against expectations for a loss of 6 cents a share on sales of $45 million. Meanwhile, the company handed in current-quarter revenue guidance that topped expectations. Shares rallied in extended-hours trading.

CBS The broadcasting company posted earnings of 73 cents a share on revenue of $4.04 billion, edging past expectations for 68 cents a share on revenue of $4.02 billion. Shares rose in extended-hours trading.

Allstate The insurer posted earnings of $1.35 a share on sales of $6.77 billion, exceeding estimates for $1.30 a share on revenue of $6.60 billion. Shares edged higher in extended-hours trading.

MetLife The insurance provider posted earnings of $1.48 a share on sales of $16.98 billion against estimates for $1.30 a share on revenue of $17.32 billion. Shares rose in extended-hours trading.

Marriott The hotel chain posted earnings of 43 cents a share on sales of $3.14 billion, easily beating expectations for 40 cents a share on revenue of $2.81 billion. Shares climbed in extended-hours trading.

Boston Beer The company posted earnings of of 51 cents a share on revenue of $136 million, versus expectations for 62 cents a share on sales of $131 million.

Avis Budget The car rental company posted earnings of 8 cents a share, excluding one-time items, on sales of $1.69 billion, against Street forecasts for 2 cents a share on revenue of $1.70 billion. Shares edged higher in extended-hours trading.

Seagate Tech The data storage company and hard disk manufacturer posted earnings of $1.26 a share, excluding one-time items, on sales of $3.53 billion, beating forecasts for $1.15 a share on revenue of $3.38 billion. In addition, Seagate handed in current-quarter revenue guidance. Shares reversed their initial losses to rally in extended-hours trading.

Shutterfly The photo publishing company posted a loss of 33 cents a share on sales of $117 million, versus Wall Street projections for a loss of 40 cents a share on revenue of $110 million. It also handed in mixed current-quarter and full-year guidance. Still, shares gained in extended-hours trading.

JDSUniphase The tech company posted earnings of 10 cents a share, excluding one-time items, on sales of $405 million, missing expectations for 11 cents a share on revenue of $417 million. It also submitted a current-quarter sales outlook that fell short of Wall Street estimates, but shares rallied in extended-hours trading.

IBM - The computer hardware company and Lenovo have cancelled negotiations over a multi billion-dollar deal in which the Chinese company would have bought IBM's low-end server business, according to Fortune magazine, citing sources.

Nike The sports apparel retailer announced that Vice President Michael Spillane will become vice president and general manager for the Greater China region. Spillane was most recently the CEO and president of Umbro, which Nike divested last year. Shares edged higher in extended-hours trading.

—By CNBC's JeeYeon Park. Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

Questions? Comments? Email us at marketinsider@cnbc.com

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • CNBC Personal Finance Correspondent

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.