After Hours Summary: GWRE +4.9%, JCP +4.6%, OVTI -12.6%, UTI -2.8%, KMI -1.5% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: GWRE +4.9%, JCP +4.6%, PGI +0.5%, POWL +0.3%
Companies trading higher in after hours in reaction to news: CCXI +9.8% (announces positive top-Line CCX168 Phase 2 data in ANCA-associated Renal Vasculitis), SAEX +9.2% (announced $40 million of new project awards, including first contract in Brazil, along with achievement of key milestone), ADEP +6.1% (received order for mobile robots from pharmacy automation system provider), LEN +0.5% (co prevailed in defamation and extortion case against Marsch; jury awards $1 billion in damages)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: OVTI -12.6%, UTI -2.8%, KMI -1.5%, GBDC -0.8%, XEL -0.4%
Companies trading lower in after hours in reaction to news: AMBI -31.3% (provided regulatory update following FDA meeting regarding quizartinib (AC220); based on FDA's current position, the co does not plan at this time to submit a NDA for accelerated approval of quizartinib based on the Phase 2 and 2b clinical trial data), ACMP -4.9% (announced secondary public offering of 6 mln common units), CLDX -4.4% (filed mixed securities shelf offering and announced offering 6.5 mln shares of common stock), WAVX -3.9% (disclosed it entered into a Factoring and Security Agreement with CapFlow Funding Group Managers), OAS -3.4% (announced public offering of 7 mln shares of common stock), SHLD -1.9% (ESL Partners decreases stake to 48.4% from 55.4%), SFUN -1.2% (announced proposed $250 mln convertible senior notes offering)