After-hours buzz: Apple, Cliffs & more

Traders work on the floor of the New York Stock Exchange.
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Traders work on the floor of the New York Stock Exchange.

Take a look at some of Tuesday's after-hours buzz:

Ariad Pharmaceuticals edged higher in extended-hours trade following the firm's announcement of a distribution deal for Iclusig in Central and Eastern Europe. The FDA-approved drug treats rare forms of a leukemia.

Cliffs Natural Resources traded lower in after-hours trade despite rising in the regular session after China's iron ore futures posted strong gains.

Apple edged lower in extended-hours trade on an ABI Research report that forecast iPad sales to decline for the first time.

The energy producer Southern Company gained in after-hours trade despite a 2-percent slide in utilities stocks on Tuesday. Northeast Utilities edged lower in extended-hours trade.

Drilling and rig services provider Nabors industries rose nearly 1 percent in extended-hours trade after crude settled higher.

West Coast apartment REIT, Essex Property Trust, gained in after-hours trade following a report from Zillow showed that Americans spent $441 billion on rentals in 2014, a 4.9 increase from the prior year.

--The Associated Press contributed to this report.