After Hours Summary: JCOM +18.8%, LOGM +15.1%, CLF +7.9%, WTW -19.4%, SAAS -17.5%, GNC -16.0% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: JCOM +18.8%, LOGM +15.1%, SANW +10%, CRAY +9.7%, RATE +9.2%, FORD +9%, CLF +7.9%, FALC +7.4%, JE +2.5%, JOEZ +2.3%, IM +2.3%, LLNW +1.9%, KRFT +1.2%, CIDM +1%, BRCD +0.9%, USTR +0.5%, CUZ +0.4%, AIG +0.1%
Companies trading higher in after hours in reaction to news: LCAV +29.2% (to be acquired by PhotoMedex (PHMD) for $5.37 per share in cash), LLNW +1.9% (Board authorized $15 mln stock repurchase program; co also reported earnings), SPWR +1.7% (announced a three-year agreement to offer high efficiency SunPower solar power systems at Meritage Homes communities nationwide), YRCW +1.4% (successfully refinanced over $1.1 bln in senior credit facilities)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: WTW -19.4%, SAAS -17.5%, PRSS -17.2%, GNC -16%, TRLA -14.7%, STMP -9.4%, SVM -8.8%, ADAT -8.4%, MOVE -7.8%, GSB -7.3%, OCLS -6.5%, A -5.8%, MNDL -5.7%, EFX -5.4%, OXM -5.3%, ALNY -3.8%, HWAY -3.6%, CGNX -2.4%, ELLI -2.4%, WOOF -2.3%, CHGG -1.8%, RGC -1.7%, ZBB -1.7%, CLD -1.7%, ALSN -0.5%, NR -0.4%, ARTC -0.1%
Companies trading lower in after hours in reaction to news: NNA -8.4% (announced public offering of 12 mln shares of common stock), SVM -7.6% (reduced quarterly dividend to C$0.005 from C$0.025 per share; co also reported earnings), VSI -7.2% (trading lower following weak results from peer company GNC), QTWW -3.1% (announced proposed public offering of common stock), NLY -2.5% (announced the departer of Chief Operating Officer James P. Fortescue)