After Hours Summary: MFRM +12.3%, KFY +4.4%, MVNR +4.1%, WTSL -15.7%, EXA -4.3%, SNPS -4.3%, ARO -3.9% following earnings/guidance After Hours Gainers: Companies trading higher in after hours in reaction to earnings: MFRM +12.3%,KFY +4.4%, MVNR +4.1%, ENB +1.2%, NWY +1.2%, VRNT +0.8%
Companies trading higher in after hours in reaction to news: PBYI +19.0% (reported positive top line data from I-SPY 2 TRIAL; neratinib graduates from I-SPY 2 TRIAL), GGP +5.1% (to replace MOLX in the S&P 500), EQIX +1.9% (announced $500 mln share repurchase program), NUAN +1.7% (Carl Icahn increases stake in Nuance to 18.72% from $16.9%), CLMS +1.5% (announced Nick Calamos is leaving the Calamos Board of Directors; John P. Calamos, Sr., Chief Executive Officer and Global Co-Chief Investment Officer of Calamos Investments, announced his intention to form Calamos Partners), ENB +1.2% (increases dividend by 11%), SUNE +1.1% (co and Mayor Bloomberg introduce New York City's largest solar energy project)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: WTSL -15.7%, EXA -4.3%, SNPS -4.3%, ARO -3.9%, MDXG -3.9%, EMKR -3.6%, AVGO -1.7%, GES -0.4%
Companies trading lower in after hours in reaction to news: FLML -5.1% (announced $15 mln line of credit), LGP -5.0% (commenced public offering of 3.1 mln common units representing limited partner interests in the Partnership), MDXG -3.9% (announced next steps after discussions with FDA - will pursue IND and BLA process for certain micronized products), SWY -2.4% (Jana Partners lowers stake to 4.1% - amended 13D filing; down from 6.2% previously reported on 9/17), FB -1.7% (not added to the S&P 500, as had been rumored), ARCP -1.7% (launched a reopening of $150 mln of its 3.00% convertible senior notes due 2018 and an offering of $225 mln of its convertible senior notes due 2020)