After Hours Summary: KEQU +2.7%, VMI -5.3% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: KEQU +2.7%
Companies trading higher in after hours in reaction to news: NSPH +12.7% (announced it has received FDA 510(k) clearance for the bacterial portion of its Verigene Enteric Pathogens Nucleic Acid Test), IMS +5.1% (to acquire Cegedim's Information Solutions and CRM businesses for $520 mln; As a result of the anticipated timing, IMS Health's 2014 full-year guidance provided during the co's Q1 earnings call is unchanged), PGH +4.9% (announced doubling of value of 2P reserves at Lindbergh from $1.0 bln to $2.2 bln), AMG +3.3% (to replace FRX in the S&P 500), SYRG +3.0% (to replace BDC in the S&P SmallCap 600), BMY +2.4% (announced that the Phase 3 first-line melanoma study of nivolumab, an investigational PD-1 checkpoint inhibitor, demonstrated superior overall survival compared to dacarbazine; study stopped early), SGNT +1.9% (to replace LHO in the S&P SmallCap 600), LHO +1.8% (to replace AMG in the S&P MidCap 400), POWR +1.3% (co announced it intends to vigorously defend against the claims made in securities class action lawsuits filed last month against the co and two of its officers)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: VMI -5.3%
Companies trading lower in after hours in reaction to news: ATNM -12.0% (announced proposed public offering of common shares), NURO -4.9% (announced $8 mln preferred stock placement), CVRR -4.3% (announced launch of public offering of 6 mln common units representing limited partner interests), ATEA -3.4% (announced $2 mln capital investment), GLNG -1.8% (announced commencement of registered offering of 11,000,000 shares of common stock), FNF -1.8% (replaced in the S&P MidCap 400; co is reclassifying its common stock into two tracking stocks), ESI -1.2% (co disclosed it will need to restate certain unaudited financial statements due to decision to consolidate the financial results of the PEAKS Trust)