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Stocks to Watch: UTX, SVU, KFY & More

Wednesday, 13 Jun 2012 | 5:09 PM ET

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

United Technologies - The Dow component boosted its quarterly dividend by 11.5 percent to $0.535 from $0.48.

The increase comes after similar dividend hikes by two other major companies earlier this week: Target and Dell . (Click here for after-hours quotes.)

Tesla Motors - The automaker was initiated with a "buy" rating at Lazard Capital and a price target of $42. (Click here for after-hours quote.)

Korn/Ferry International - The executive-recruitment firm posted earnings of 28 cents a share, excluding one-time items, on revenue of $198 million, edging past expectations for 27 cents a share on sales of $192 million.

But shares slipped in extended-hours trading after the company gave lower-than-expected first-quarter revenue guidance. (Click here for after-hours quote.)

Ctrip.com - The China-focused travel agency announced a $300 million stock-buyback program, sending shares higher in extended-hours trading. (Click here for after-hours quote.)

C.R. Bard - The medical-equipment manufacturer announced a $500 million stock-repurchase program and boosted its quarterly dividend. (Click here for after-hours quote.)

Immunogen - Cantor Fitzgerald initiated coverage of the firm with a "hold" rating and a $15 price target. (Click here for after-hours quote.)

Supervalu - The supermarket chain rallied in extended-hours trading amid potential takeover rumors. (Click here for after-hours quote.)

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

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

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CTRP
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IMGN
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TSLA
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4331
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BCR
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SVU
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TGT
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UTX
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KFY
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  • 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.

  • Sharon Epperson is CNBC's senior commodities and personal finance correspondent.

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

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