After Hours Summary: INTC +4.1%, CTAS +1.6%, ININ -20.4%, ITI -9.1%, IBKR -2.9%, YHOO -2.3% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: INTC +4.1%, CTAS +1.6%
Companies trading higher in after hours in reaction to news: ZIPR +118.5% (to be acquired by Realogy (RLGY) for $6.75 per share in an all-cash transaction valued at ~$166 mln), ICAD +6.6% (acquired DermEbx and Radion to provide skin cancer treatment solution to the dermatology market; expected to be immediately accretive to revs and operating cash flow), SIRI +2.1% (announced additional $2 billion repurchase program), IBM +1.8% (co and Apple announced an exclusive partnership to transform enterprise mobility through a new class of business apps; AAPL higher by 1.5%), ARNA +1.6% (issued patent for APD371 by USPTO), CRI +1.3% (Glenview Capital Management disclosed 6.84% stake in 13G), JCI +0.9% (awarded $450 mln Army contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: ININ -20.4%, ITI -9.1%, IBKR -2.9%, YHOO -2.3%, PNFP -1.4%, AIR -1.3%, CSX -0.5%, HSY -0.2%
Companies trading lower in after hours in reaction to news: BIOA -11.3% (announced public offering of 2.8 mln shares of common stock), ITI -9.1% (reported resignation of CFO Chuck McBride, names Craig Christensen interim CFO; co continuing to work with auditors to complete FY14 audit), SPBC -4.4% (filed for $50 mln mixed securities shelf offering), BBRY -3.3% (lower following AAPL / IBM partnership to develop business apps), ARCC -2.9% (announced public offering of 11.85 mln shares of its common stock), IPXL -0.9% (announced it received a subpoena from Conneticuit AG regarding its generic product digoxin)