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Stocks to Watch: TXN, PEP, GPS & More

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

Texas Instruments - The chipmaker narrowed its third-quarter earnings guidance to between 38 cents a share and 42 cents a share, and revenue to $3.27 billion to $3.41 billion. Current revenue consensus on the company is at 45 cents a share $3.35 billion. The company is expected to hold a conference call at 5pm ET. (Click here for after-hours quote.)

Ford - The automaker's board will be meeting this week to discuss succession plans for the company's current chief executive Alan Mullaly. One possibility is to promote Mark Fields to COO so that he would eventually replace Mullaly. (Click here for after-hours quote.)

PepsiCo - The beverage company announced that its president John Compton will be leaving the company and will be replaced by the firm's Europe CEO Zein Abdalla. (Click here for after-hours quote.)

Gap - Former JCPenney president Michael Francis will join the retailer as its marketing creative adviser. (Click here for after-hours quotes.)

Dollar General - Piper Jaffray initiated coverage of the discount retailer with an "overweight" rating and a $61 price target. Shares edged higher in extended-hours trading. (Click here for after-hours quote.)

CYS Investments - The specialty finance company cut its quarterly dividend by 10 percent to 45 cents a share from 50 cents a share. Shares dipped in extended-hours trading. (Click here for after-hours quote.)

Globecomm Systems - The company posted earnings of 13 cents a share ex-items, missing expectations for 20 cents a share. But revenue was better than expected at $105 million against estimates for $99 million. Meanwhile, the company handed in full-year fiscal 2013 outlook that disappointed, sending shares plunging in extended-hours trading. (Click here for after-hours quote.)

—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 Senior Commodities Correspondent and 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.