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After-hours buzz: Take-Two, Starbucks & more

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

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

Take-Two Interactive jumped more than 7 percent in extended-hours trade after issuing a 10 million-share buyback. Earlier, the stock reopened down nearly 3 percent after reporting revenue that missed expectations, coming in at $428 million. The video game developer did post earnings that beat estimates.

Urban Outfitters plunged more than 15.5 percent in extended-hours trade after reporting quarterly earnings that fell short of estimates on both earnings per share and revenue. Comparable-store sales also rose 4 percent, missing expectations of a 5.2 percent gain, with Anthropologie the worst performing.

Starbucks gained more than half a percent in after-hours trade on news the coffee shop chain will partner with Spotify. The multiyear relationship will give 150,000 U.S.-based employees premium subscriptions to the music streaming service. Starbucks loyalty members will also receive benefits through Spotify.

Agilent fell nearly 5 percent in extended trade after reporting earnings that missed expectations on both the top and bottom lines.

Hormel Foods gained 1.7 percent in after-hours trade when the company declared a quarterly dividend of 25 cents a share.

MBIA plunged more than 5.5 percent in extended-hours trade after announcing the sale of 27.25 million shares.

Colfax gained about half a percent in after-hours trade on news the provider of gas handling products and services will acquire Roots Blowers and Compressors from GE Oil and Gas for $185 million. The acquisition is expected to close early in the third quarter.

LINN Energy fell 5 percent in extended-hours trade after the firm announced that it will make a public offering of 16 million units and use the proceeds to repay debt under its credit facility.

The Andersons slid 2 percent in after-hours trade following the announced purchase of South Dakota firm Kay Flo Industries, which produces liquid starter fertilizer Nutra-Flo.