After Hours Summary: RICK +12.5%, HXL -0.5% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: RICK +12.5%
Companies trading higher in after hours in reaction to news: KFN +30.1% (to be acquired by KKR & Co (KKR) for $2.6 bln in an all-equity transaction; equates to $12.79 per share of KFN based on KKR's Dec 16, 2013 closing price), DEJ +18.3% (signed $27.5 mln Letter of Intent with Singapore based energy company), ECYT +3.1% (announced preclinical data suggesting the company's folate receptor-targeted SMDCs may provide a possible new treatment alternative for folate receptor expressing triple negative breast cancer (TNBC) patients.), WMB +2.5% (Corvex Management disclosed a 5.28% stake; seeks to add two members to the Board of Directors), THRX +2.1% (disclosed positive results from a Glaxo Group Limited (GSK) Phase 3b efficacy and safety study of umeclidinium), BA +1.6% (announced $10 bln share repurchase; raised dividend 50% to $0.73 per share)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: HXL -0.5%
Companies trading lower in after hours in reaction to news: TRGT -31.9% (announced negative top-line results from Phase 2b clinical trial of TC-5619 in schizophrenia), SPPI -2.1% (announced offering of $100 mln of convertible notes), OXBT -1.8% (filed to delay filing of Form 10-Q)