After Hours Summary: SYNA +9.6%, ULTA +6.2%, GPS +3.6%, FIVE -11.6%, SPWH -9.0%, AEO -7.0%, SWHC -0.5% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: SYNA +9.6%, ULTA +6.2%, VTSS +4.2%, GPS +3.6%
Companies trading higher in after hours in reaction to news: ALSK +29.0% (announce sale of its remaining wireless assets to GCI Communications (GNCMA) for $300 mln), SIMG +6.0% (announced the launch of a new subsidiary to focus on 'Internet of Everything' services; Qualcomm (QCOM) participates with strategic investment), BCEI +3.4% (Millennium International Management disclosed 6.4% passive stake in 13G filing), GERN +2.3% (announced publication of preclinical data demonstrating activity of imetelstat on leukemic stem cells from acute myelogenous leukemia), HCI +1.8% (subsidiary approved to assume 50K policies from Citizens Property Insurance Corporation), CLDX +1.6% (initiated a Phase 2 study of Glembatumumab Vedotin in patients with advanced melanoma), NOC +1.5% (announced a new $3 bln share repurchase authorization), BKW +1.2% (seeing reports co received Canadian approval for takeover of Tim Hortons (THI) provided certain conditions are met)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: FIVE -11.6%, SPWH -9.0%, AEO -7.0%, RALY -5.7%, COO -2.5%, ZUMZ -1.6%, AMBA -1.5%, FNSR -1.5%, SWHC -0.5%
Companies trading lower in after hours in reaction to news: GTT -4.5% (announced public offering of common stock, size not disclosed), FCAU -3.5% (announced launch of offering of 87 mln common shares and offering of $2.5 bln of mandatory convertible securities due 2016)