After Hours Summary: CLF +10.5%, IDTI +6.9%, RTEC +6.8%, SSYS -27.4%, RCII -13.5%, LMNX -2.6% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: CLF +10.5%, IDTI +6.9%, RTEC +6.8%, ADVS +5.8%, FN +3.9%, LLNW +3.6%, OI +2.8%, AGNC +1.4%
Companies trading higher in after hours in reaction to news: ESPR+8.3% (announced that the FDA has removed the peroxisome proliferator-activated receptor (PPAR) partial clinical hold on ETC-1002),OCN +5.6% (Kingstown Capital Partners disclosed a 9.5% active stake in 13D filing), ADVS +5.8% (to be acquired by SS&C Technologies (SSNC) for $44.25 per share; co also reported earnings), CRC +3.7% (Soroban Capital Partners disclosed a 9.98% active stake in 13D filing), SUN +0.8% (announced 10% increase in quarterly distribution to $0.60 from $0.5457 per unit)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: SSYS -27.4%, RCII -13.5%, LMNX -2.6%, APC -0.9%, XL -0.3%, HIG -0.2%
Companies trading lower in after hours in reaction to news: RSH -37.6% (co disclosed it received a second notice of default from Salus Capital), ZIOP -13.4% (co intends to commence an underwritten public offering of $75 mln of shares of its common stock), ONTX -6.6% (announced that, pending regulatory approvals and appropriate financing, co hopes to initiate trial enrollment for rigosertib in higher risk myelodysplastic syndrome during the second half of 2015), SABR -2.2% (announced a secondary public offering of 20 mln shares of common stock by existing stockholders TPG Global and Silver Lake Management Company), PEGI -2.1% (announced the commencement of an underwritten public offering of up to $350 mln of shares of its Class A common stock by itself and a selling shareholder), PBF -1.4% (announced an underwritten secondary offering by Blackstone Group and First Reserve Management funds, of their remaining ~3.8 mln shares of Class A common stock)