After Hours Summary: OZRK +1.4%, RNDY +1.0%, BJRI -5.6%, TESS -3.0%, INTC -2.4%, SAVE -1.9% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: OZRK +1.4%, RNDY +1.0%, SLB +0.1%, PBCT +0.1%
Companies trading higher in after hours in reaction to news: PIP +9.6% (announced that the Delaware Court of Chancery has entered its Final Order and Judgment in the co's litigation against SIGA Technologies (SIGA); the Court's judgment against SIGA totaled ~$194.65 mln), EOPN +5.1% (WSJ reporting co is working with Bank of America to find a buyer following stock price declines), DEPO +4.3% (entered into an agreement to acquire the U.S. rights to the NUCYNTA franchise from Janssen Pharmaceuticals (JNJ subsidiary), Inc. for $1.05 bln), WLH +2.1% (entered into an agreement with Stearns Lending, LLC, to form William Lyon Mortgage, LLC, a limited liability company that will offer an array of mortgage banking services), HCT +1.8% (shareholders approve merger with Ventas (VTR)), RRC +1.6% (announced updated 2015 capital budget of $870 mln, down from $1.3 bln, targeting production growth of 20% YoY; co also reported proved reserves increased 26% to 10.3 tcfe),
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: BJRI -5.6%, TESS -3.0%, INTC -2.4%, SAVE -1.9%
Companies trading lower in after hours in reaction to news: FULL -1.7% (released an update of its investment portfolio activity for the second quarter of fiscal 2015 ended December 31, 2014; second quarter originations total $13.25 mln), RGC -1.6% (provided update on strategic review process; co has determined that a sale of the company would not be in the best interest of its shareholders), CZR -1.5% (Moody's lowered Caesars Entertainment PDR to D-PD on Chapter 11 filing)