After Hours Summary: ADBE +9.2%, GAME +0.4%, LZB -11.0%, NPTN -0.2%
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: ADBE +9.2%, GAME +0.4%
Companies trading higher in after hours in reaction to news: ETRM +16.5% (FDA Advisory Committee voted 6-2 to recommend approval of VBLOC vagal blocking therapy for the treatment of obesity), NEWL +14.5% (announced inappropriate issuance of NewLead's shares by Ironridge), ENB +2.4% (Northern Gateway Project received approval from the government of Canada), HCLP +1.9% (announced long-term contract with Liberty Oilfield Services), SUNE +1.5% (co reached a definitive agreement to acquire a 50% ownership stake in Silver Ridge Power from a subsidiary of The AES Corporation), FLXN +1.3% (announced positive topline results from Phase 2a pharmacokinetic trial with lead compound FX006)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: LZB -11.0%, NPTN -0.2%
Companies trading lower in after hours in reaction to news: ECYT -16.8% (regained the worldwide rights to vintafolide in all indications from Merck), GWPH -4.9% (announced 1.7 mln ADS public offering), NGL -4.7% (announced the commencement of an underwritten public offering of 8,000,000 common units representing limited partner interests), FBIZ -2.8% (co said it expects to join the Russell 2000 index), CONE -2.5% (announced public offering of 12.5 mln shares of common stock), CBPO -2.2% (announced proposed public offering of common stock: CBPO to sell 1 mln shares, selling stockholders to sell ~2.2 mln shares)