After Hours Summary: ABM +7.6%, CMTL +6.2%, MCC +1.8%, LL +0.9%, PBY -12.8%, CASY -0.9%, PVH -0.7% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: ABM +7.6%, CMTL +6.2%, MCC +1.8%, LL +0.9%, TPLM +0.3%, STJ +0.2%
Companies trading higher in after hours in reaction to news: SYN +11.2% (co and and Intrexon (XON) initiate development of novel biologics for a subset of patients suffering from Irritable Bowel Syndrome), TRN +2.9% (formed strategic railcar alliance Element Financial Corporation), ARWR +2.8% (presented Phase 1 Data on ARC-520 at HepDART 2013 - New data including pharmacokinetics (PK) and adverse event (AE) attribution presented today in a poster and in an oral presentation tomorrow, support the previous findings that ARC-520 appears to be generally safe and well-tolerated at all six dose levels studied), MRVL +1.3% (announced appiontment of Michael Rashkin as interim CFO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: PBY -12.8%, CASY -0.9%, PVH -0.7%, TXN -0.3%
Companies trading lower in after hours in reaction to news: IEP -7.0% (announced sale of 2 mln depositary units), TA -5.4% (announced public offering of 5 mln common shares), GASS -4.3% (announced public offering of 10 mln shares of common stock), ARCC -3.4% (plans to make a public offering of 14.3 mln shares of common stock), PF -3.1% (announced secondary offering of 17 mln shares of common stock), FNSR -2.2% (announced proposed $200 mln convertible Senior notes offering due 2023), NXPI -1.7% (selling shareholders commenced 25 mln secondary offering of common stock)