After Hours Summary: CIDM -20.7%, BBBY -7.2%, MLHR -4.6%, FUL -1.7%, CWST -0.4% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to news: IRM +22.6% (reported that the co is electing REIT status effective January 1, 2014), CJES +20.4% (entered into agreement to merge with Nabors Industries' (NBR) completion and production business in transaction valued at $2.86 bln), UNXL +17.7% (achieved roll-to-roll pilot production of InTouch Sensors), NBR +6.2% (confirmed agreement to combine its completion and production services business with C&J Energy Services (CJES)), WOR +1.4% (increased quarterly dividend 20% to $0.18 from $0.15 per share; Board authorized repurchase of up to an additional 10 mln common shares), MDT +1.2% (announced study results showing that continuous cardiac monitoring with the Reveal XT Insertable Cardiac Monitor was superior to standard of care)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: CIDM -20.7%, BBBY -7.2%, MLHR -4.6%, FUL -1.7%, CWST -0.4%
Companies trading lower in after hours in reaction to news: FUL -1.7% (signed agreement to acquire 95% of the equity of Tonsan for RMB 1.4 bln (~$230 mln); co also reported earnings), MRD -1.0% (priced private placement to eligible purchasers of $600 mln in aggregate principal amount of 5.875% senior unsecured notes due 2022 at par), GM -0.6% (seeing reports that co has told dealers to stop sales of Chevy Cruze due to potential problem with airbags)