After Hours Summary: BV +9.5%, GWRE +4.0%, MCHP +2.9%, ASNA +0.8%, BOBE -4.3%, OVTI -3.9% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: BV +9.5%, GWRE +4.0%, MCHP +2.9%, ASNA +0.8%
Companies trading higher in after hours in reaction to news: TCCO +18.5% (announced a $3.3 mln contract from the Government of Egypt for the company's DSD 72A-SP military bulk encryption systems, training and support), WPRT +6.4% (announced that it has acquired Netherlands based Prins Autogassystemen Holding B.V. for~$15.1 mln), IDRA +3.9% (announced new preclinical data: IMO-2055 and ipilimumab demonstrated potent and systemic anti-tumor activity in multiple preclinical cancer models), OFG +3.0% (to replace THS in the S&P SmallCap 600), IPGP +2.9% (to replace CPWR in the S&P MidCap 400), THS +1.3% (to replace CNVR in the S&P MidCap 400), POT +1.3% (Bloomberg reporting that co is conducting strategic review of equity investments worth ~$4.5 bln), WPX +1.2% (signed an agreement to sell oil and gas assets including ~46,700 net acres in northeast Pennsylvania to Southwestern Energy (SWN) for ~$300 mln)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: BOBE -4.3%, OVTI -3.9%, OKE -0.3%
Companies trading lower in after hours in reaction to news: PBYI -17.8% (updated timeline of filing of NDA for the approval of PB272 (neratinib); intends to delay its proposed timeline for filing the NDA until the first quarter of 2016), MPLX -4.0% (announced public offering of 3 mln common units representing limited partner interests), CDW -3.5% (announced commencement of public offering by selling stockholders)