TheChek News Flow

After Hours Gainers:

Companies trading higher in after hours in reaction to earnings:  AVAV +9.1%, PLAY +6.3%, EMKR +2.6%, KKD +2.4%

Companies trading higher in after hours in reaction to news:  SBLK +12.7% (announced it will sell two modern Capesize vessels and two modern Kamsarmax vessels for $122 mln to unaffiliated 3rd parties; expected to be delivered to the Buyers during 1Q16), WYNN +10.2% (announced CEO purchases 1 mln shares on open market), PGN +7.5% (received non-compliance notice from the NYSE relating to the minimum market cap requirement, has 45 days to submit a plan on regaining complaince), FC +6.5% (to conduct a $35 mln modified Dutch auction tender offer for shares of its common stock), HTZ +3.0% (Carl Icahn increased active stake to 14.34%), YHOO +2.7% (following CNBC report that  Yahoo (YHOO) does not plan to move ahead on Alibaba (BABA) spinoff follow up)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings:  OXM -2.7%, SWHC -1.3%

Companies trading lower in after hours in reaction to news:  ONTY -33.3% (presented updated data from its ongoing trials of ONT-380, an orally active, reversible and selective small-molecule HER2 inhibitor being developed for the treatment of HER2-positive metastatic breast cancer), AEZS (-24.6% commenced an underwritten public offering of common shares and warrants to purchase common shares), CHRS -11.7% (updated on its CHS-1701 program, estimates that the follow-on study will cost less than $4 mln and entail about a quarter delay in projected BLA filing timing), KMI -6.2% (announced 2016 outlook; Expects dividends of $0.50 per share from $2.04 per share for 2016; No need to access equity markets for forseeable future), KITE -2.3% (announced $250 mln public offering of common stock), SPLS -1.5% (Staples and Office Depot (ODP) issue open letter after the Canadian Competition Bureau recently announced that it will seek to block Staples' acquisition of Grand & Toy