After Hours Summary: SANM +12.2%, CMG +10.1%, NFLX +0.9%, UCTT -8.1%, RMBS -3.6%, TXN -0.6% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: SANM +12.2%, CMG +10.1%, TGTX +5.4%, HLX +4.8%, CNI +1.1%, CYS +1.1%, STLD +0.9%, NFLX +0.9%, TRST +0.2%
Companies trading higher in after hours in reaction to news: FBRC +6.6% (announced self tender offer to purchase up to 1 mln shares, or about 9.9%, of its outstanding common stock, at a price of not less than $28 and not more than $29 per share), SNTA +5.7% (announced advancement of ganetespib into Phase 3 extension of AML LI-1 study for patients with AML and high-risk MDS; follows positive interim analysis of Phase 2 results), TGTX +5.4% (announced preliminary clinical results from ongoing Phase I study of TG-1101 (ublituximab): 100% of CLL/SLL patients had significant nodal reduction with either a normalization of or =80% reduction in Blood Lymphocyte Count), APA +4.6% (hearing that JANA Partners has established $1 bln position and is urging further divestitures), GST +3.6% (reported 43% increase in mid-year proved reserves), ACT +2.71% (co and Medicines360 announced FDA acceptance for filing of NDA for Levosert IUD), MM +1.3% (higher following Yahoo acquisition of mobile-analytics co Flurry)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: UCTT -8.1%, RMBS -3.6%, ATR -2.9%, STFC -2.3%, POL -2%, RCII -1%, TXN -0.6%, HXL -0.5%, GLF -0.4%, ZION -0.1%, PKG -0.1%
Companies trading lower in after hours in reaction to news: TEP -5.0% (announced follow-on public offering of 7 mln common units), ITI -2.1% (announced receipt of Notice of Noncompliance with NYSE MKT Listing Standards)