After Hours Summary: CUTR +14%, CNVR +13.6%, MRIN +12.6%, RLOC -10.1%, FEYE -7.8%, CALX -5.7% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: CUTR +14%, CNVR +13.6%, MRIN +12.6%, DVA +8.7%, GIG +7.4%, PHH +7.1%, TRMB +6.4%, CNO +4.6%, CRTO +3.7%, FOSL +3.5%, SGEN +2.8%, CTRL +2.1%, ACGL +2%, GUID +1.7%, PKG +1.4%, WU +0.9%, RPXC +1.2%, DIOD +0.9%, TWGP +0.8%, KFRC +0.6%, SSNC +0.6%, BTU +0.4%, CYNI +0.3%, QDEL +0.1%
Companies trading higher in after hours in reaction to news: GIG +7.4% (co and CPqD announce signing of definitive agreements to incept BrPhotonics Produtos Optoeletrônicos LTDA., a new joint venture company in Brazil), EMMS +5.8% (announced acquisition of WBLS-FM and WLIB-AM in New York for $133 mln in cash), IDTI +1.7% (CEO disclosed buying 100K shares at $10.31-10.62 on 2/7-2/10 worth ~$1.0 mln), JAZZ +0.6% (announced U.S. commercial availability of Versacloz (clozapine, USP) oral suspension)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: RLOC -10.1%, FEYE -7.8%, CALX -5.7%, VSAT -5.2%, ANDE -3.7%, BDE -2.3%, CSOD -2.3%, MKTO -2.2%, SKT -2.1%, JIVE -1.9%, TRIP -1.1%, DEI -0.4%, PG -0.3%, SGMO -0.3%, ANH -0.2%
Companies trading lower in after hours in reaction to news: PRGN -9.2% (announced public offering of common stock), GPK -2.5% (announced secondary offering of 30 mln shares of common stock by selling stockholders), JRN -1.3% (named Jason Graham Chief Financial Officer), CLF -1.1% (announced significant reduction in 2014 capital expenditures: expects $375-425 mln vs $862 mln in prior year), DOW -1.1% (found that, after review, a break-up of the company in a significant manner created no productivity or capital allocation improvements)