After Hours Summary: NFLX +6.6%, RCII +4.0%, CE +3.2%, RMBS -6.5%, BBCN -0.1% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: NFLX +6.6%, RCII +4.0%, CE +3.2%, CYS +1.3%
Companies trading higher in after hours in reaction to news: AGN +21.4% (Pershing Square and Valeant Pharmaceuticals (VRX) form joint venture to pursue acquisition of AGN), VRX +8.8% (see above), IMUC +8.4% (announced ICT-107 Phase 2 data abstract accepted for oral presentation at the 2014 ASCO annual meeting), RTK +4.1% (Blackstone Group discloses 16.5% stake in 13D filing), RVNC +3.1% (announced positive results from the RT002 Phase 1/2 study in glabellar (frown) lines), SGMS +1.5% (signed a contract with La Francaise des Jeux, the operator of the French National Lottery), KORS +1.2% (Lone Pine Capital disclosed 5.5% stake in 13G), GILD +1.0% (NDA for cobicistat and elvitegravir for HIV therapy accepted by FDA)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: RMBS -6.5%, BBCN -0.1%
Companies trading lower in after hours in reaction to news: ALSN -2.0% (announced sale of 25 mln shares of common stock by selling stockholders), MLNX -0.8% (ITC ruled co does not infringe Avago's (AVGO) laser driver patent), EFC -0.7% (filed for $750 mln mixed securities shelf offering)