After Hours Summary: PRGS +9.5%, NKE +3.2%, ANAD -6.7%, DD -2.3% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: PRGS +9.5%, NKE +3.2%
Companies trading higher in after hours in reaction to news: AWRE +19.7% (declared special cash dividend of $1.75 per share), MTW +11.1% (Relational Investors disclosed 8.52% active stake in 13D filing; urges spin-off of food business), DRRX +3.8% (co secured $20 mln in debt financing), TEX +2.1% (trading higher in sympathy with MTW), QEP +0.9% (filed Form 10 registration statement for spin-off of midstream business), EXPE +0.8% (announced agreement to purchase Auto Escape Group, a European care rental reservation company; terms not disclosed)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: ANAD -6.7%, DD -2.3%
Companies trading lower in after hours in reaction to news: ANAD -6.7% (announced strategic restructuring, with workforce reduction of ~140 positions), ISIS -5.7% (trading lower on negative blog mention), IG -4.9% (announced public offering of common stock), TOO -0.8% (filed for $500 mln offering of common units)