After Hours Summary: INTC +5.7%, FNSR -21.8%, OCLS -2.7%, CPST -1.9% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: INTC +5.7%
Companies trading higher in after hours in reaction to news: EXPR +20.3% (Sycamore Partners discloses 9.9% active stake in 13D filing; Sycamore expresses interest in submitting a proposal to acquire all remaining shares of Express), NKTR +10.8% (higher following resumption of trade after favorable FDA Advisory Committee vote), ARO +6.6% (higher following Sycamore Partners expressing interest in acquire Express), BOTA +3.6% (CEO & President Russel Plumb purchases approx 32K shares at an avg price of $2.99; EVP, Corporate Dev & Strategies Jopseph Patti purchases approx 14K shares- Form 4 Filings), ARRS +2.3% (to replace BCO in the S&P MidCap 400), CHSP +1.7% (to replace JOSB in the S&P SmallCap 600), XEC +1.5% (to replace IGT in the S&P 500), DLNG +1.4% (priced public offering of 4.8 mln common units at $22.79 per unit)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: FNSR -21.8%, OCLS -2.7%, CPST -1.9%
Companies trading lower in after hours in reaction to news: AXAS -1.4% (launched 10 mln share common stock offering), APAM -1.2% (announced secondary offering of ~1.84 mln shares of common stock by selling shareholders), VVUS -0.8% (filed a lawsuit against Actavis (ACT) for infringement of Qsymia patents)