After-hours buzz: Global Payments, Allstate, Apple & more


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

Global Payments - The electronic transaction processor posted earnings of $1 a share on sales of $630 million, topping expectations for 95 cents a share on revenue of $624 million. In addition, the company raised its full-year 2014 expectations to above estimates. Separately, the company named Jeffrey Sloan as its new CEO, effective immediately. Shares bounced higher in extended-hours trading.

(Read More: Stocks rebound from multi-week lows as investors shrug off govtshutdown)

Allstate - Keefe, Bruyette & Woods upgraded the insurance company to "outperform" from "market perform." The brokerage also lifted its price target on the firm to $62 from $54. Shares climbed in extended-hours trading.

Apple - The iPhone maker continued to tick higher in extended-hours trading after rallying more than 2 percent in the regular session. Earlier, billionaire investors Carl Icahn tweeted that he "pushed hard" for a $150 billion buyback from Apple when he met with CEO Tim Cook on Monday evening.

Cirrus Logic - The tech company announced it has acquired Acoustic Technologies, though financial terms of the deal were not immediately available. Cirrus Logic ticked higher in extended-hours trading.

Omega Healthcare Investors - The real estate investment trust announced a $75 million common stock offering through Jefferies. Shares declined in extended-hours trading.

Intercept Pharmaceuticals - The biopharmaceutical company filed a $115 million secondary offering for shareholders through Bank of America. Shares slipped in extended-hours trading.

Teekay LNG Partners - The natural gas transportation company filed a 3 million unit secondary offering. Underwriters include Citigroup, BofA, Credit Suisse, UBS, RBC Capital Markets, Raymond James and Wells Fargo. Shares fell 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.

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

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

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