Check out which companies are making headlines after the bell Tuesday:
Shares of Saks soared in late trading on a New York Post report the company has hired Goldman Sachs to explore a possible sale.
Merck shares are higher after the pharma giant announced an accelerated $5 billion share repurchase.
Tax software firm Intuit reported fiscal third-quarter earnings excluding items of $2.97 per share on revenue of $2.18 billion. For the current quarter, Intuit sees adjusted earnings of 3 cents to 7 cents per share, below Street forecasts. The stock was modestly higher in extended hours trading.