After-hours buzz: Micron, Gap, Safeway & more


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

Micron Technology - The chipmaker posted earnings of 20 cents a share, excluding one-time items, on sales of $2.84 billion, versus expectations for 25 cents a share on revenue of $2.71 billion. Shares slipped in volatile extended-hours trading.

(Read More: Stocks finish up 2% amid debt deal hopes, Dow skyrockets 300)

Gap - The clothing retailer posted September same-store sales that dropped 3 percent, disappointing expectations for a gain of 1.7 percent, sending shares sharply lower in extended-hours trading.

Safeway - The supermarket chain posted earnings of 10 cents a share, ex-items, on sales of $8.62 billion, versus expectations for 16 cents a share on revenue of $8.53 billion. In addition, the company cut its fiscal-year 2013 guidance. Still, shares soared in extended-hours trading.

Amazon.com - The online retail giant said it will acquire online math program provider TenMarks. Financials terms of the deal were not immediately available. The acquisition is expected to close in the fourth quarter of 2013. Amazon shares were largely flat in extended-hours trading.

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

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  • Patti Domm

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

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

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    CNBC's Senior Personal Finance Correspondent

  • JeeYeon Park

    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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    Senior Producer at CNBC's Breaking News Desk.