After Hours Summary: CYCC +6.3%, TRQ +5.6%, AMPH +2.4%, SONC +0.4% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: CYCC +6.3%, TRQ +5.6%, AMPH +2.4%, SONC +0.4%
Companies trading higher in after hours in reaction to news: KFX +45.5% (agreed to be acquried by Lexmark for $11 per share in cash), KRFT +16% on 3G Interest, STMP +9.8% (announced intention to acquire Endicia from Newell Rubbermaid for $215 mln in cash), CLDN +2.7% (co and Novasep executed a MYDICAR API supply agreement), MRK +1.2% (announced new $10 bln share repurchase program)
After Hours Losers:
Companies trading lower in after hours in reaction to news: LPTN -28.1% (announced Phase 2a single-agent, open-label study of ASONEP did not meet the primary endpoint of statistically significant progression-free survival in patients with advanced renal cell carcinoma), ENLK -5.7% (announced secondary offering of 22.8 mln common units by a subsidiary of Devon Energy (DVN)), AMSC -5.6% (announced 1-for-10 reverse stock split), NVAX -4.7% (announced proposed public offering of $175 mln of common stock), ACHN -2.9% (disclosed that on March 18, 2015, Dr. Gautam Shah, EVP and Chief Regulatory Officer provided notice of his departure from the Company effective March 31, 2015), HTZ -1.5% (received Nasdaq notice on delayed 10-K filing, as expected)