Check out which companies are making headlines after the bell Thursday:
JCPenney - Vornado is selling its entire stake of 13.4 million shares of JCPenney via Citigrop, according to Dow Jones.
Separately, Allen Schwartz, co-owner and design director of the A.B.S. by Allen Schwartz line said he didn't renew his deal with the retailer.
Shares reversed their earlier losses to trade higher in extended-hours trading.
(Read More: Dow, S&P snap4-day rally as Fed euphoria fizzles)
AK Steel - The steel producer warned that it expects to see a loss of between 22 cents a share and 27 cents a share, including a loss of 9 cents a share from a previously-disclosed outage, disappointing current Street estimates. Shares declined in extended-hours trading.
Texas Instruments - The chipmaker lifted its quarterly dividend by 7 percent to 30 cents a share. Shares were largely flat in extended-hours trading.