After Hours Summary: CTXS -13.7%, RT -13.0%, CKSW -11.3%, VOXX -6.9% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to news: - ACUR +11.8% (announced settlement of Oxecta patent litigation with Par Pharmaceutical and Impax Laboratories (IPXL)), - CHTP +6.4% (announced FDA Advisory Committee will review NORTHERA (droxidopa) on January 14, 2014), - GILD +3.2% (announced it will stop its Phase 3 study of Idelalisib in chronic Lymphocytic Leukemia early because of positive risk-benefit), - ARUN +1.7% (announced additional $100 mln share repurchase authorization)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: -CTXS -13.7%, RT -13.0%, CKSW -11.3%, VOXX -6.9%, HUBG -4.4%, CVX -1.1%, HELE -0.5%
Companies trading lower in after hours in reaction to news: - CGR -7.2% (announces it will voluntarily delist its common shares from the NYSE MKT), - IMMU -6.8% (announced termination of agreement and return of worldwide rights to veltuzumab for all non-cancer indications), - VMW -3.3% (trading lower following weak earnings guidance from peer CTXS), - CTRP -3.0% (announced proposed offering of $500 mln of convertible senior notes), - BPL -2.3% (commenced public offering of 6.5 mln limited partnership units; to acquire liquid petroleum products terminals from Hess (HES) for $850 mln), - GTN -0.9% (Bloomberg reporting that Sinclair Broadcast Group may seek to acquire the company)