After Hours Summary: SALE +49% on buyout news, MXWL +40% on SDIC equity investment,After Hours Gainers:
Companies trading higher in after hours in reaction to news: SALE +49% (RetailMeNot to be acquired by Harland Clarke Holdings for $11.60 per share in cash), MXWL +40.4% (signs stock purchase agreement with SDIC Fund - purchase price is $6.32/share and is anticipated to represent approx 19.9% of co's common stock; also Maxwell Tech and Viex Capital enter cooperation agreement), QUOT +10.6% (SALE sympathy), AUPH +4.4% (initiated with a Overweight at Cantor Fitzgerald; tgt $14), SVU +2.6% (Supervalu to acquire Unified Grocers for approx $375 mln; expected to be accretive to EPS in the first full fiscal year following closing)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SLP -8.2%, MTSC -4.1%, SEAC -3.3% (light volume)
Companies trading lower in after hours in reaction to news: CYTX -23.8% (commences common stock offering), UNFI -0.9% (continued weakness following JANA / WFM news), FRO -0.9% (files for $300 mln mixed securities shelf offering), UAL -0.8% (reports March traffic, DOT concerns may also be attributed to modest pullback), VRX -0.8% (schedules annual meeting for May 2)