After Hours Summary: ALCS -3.1% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to news: MIC +4.6% (announced entry into an agreement to acquire the 50% of International-Matex Tank Terminals it does not currently own for $910.0 mln in cash and $115.0 mln in stock; raiseed Q2 dividend 1.3% to $0.95 per share), BODY +3.7% (683 Capital Management disclosed 18.9% active stake in 13D filing), PHH +3.1% (completed divestiture of its Fleet Management Services Business; co intends to repurchase up to $450 mln in stock, redeem its 9.25% Sr. Notes due 2016; deploy up to $200 mln to re-engineer mortgage business; invest up to $150 mln in select growth initiatives), FSC +2.3% (increased monthly dividend by 10% to 9.17 cents per share from 8.33 cents per share), XONE +1.8% (Novel Century Ventures discloses 15.46% passive stake in 13G filing), LOV +1.5% (named Michael McConnell Chairman)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: ALCS -3.1%
Companies trading lower in after hours in reaction to news: BLUE -3.2% (announced proposed public offering of $100 mln in common stock), TAT -1.3% (co announced that net sales for the second quarter of 2014 are expected to be slightly lower than net production), WSTL -1.0% (co disclosed that its Chief Operating Officer has resigned)