After Hours Summary: IO +20.6%, SKX +13.2%, BGC +12.3%, CTRP +6.9%, ANGI -14.7%, ITRI -14.5% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: IO +20.6%, SKX +13.2%, BGC +12.3%, CTRP +6.9%, CBS +4.3%, CPA +3.6%, NEWP +3.2%, NVDA +3.1%, STAG +3%, TAL +2.8%, CAKE +1.4%, SPRT +1.4%, AEL +1.4%, NRP +1.2%, ROVI +0.8%, ACC +0.5%, COHU +0.3%, CJES +0.3%, MET +0.2%, EEP +0.2%, IOSP +0.1%, AMAT +0.1%
Companies trading higher in after hours in reaction to news: BIOD +12.2% (announced plans to advance BIOD-531 based on positive clinical trial results), PAL +9.4% (reported positive production ramp progress), CBS +4.3% (announced plans for a $1.5 bln accelerated share repurchase), AVP +3.4% (WSJ reporting co may have reached a settlement in bribery case), RGR +2.2% (announced the expansion of its stock repurchase program to $25 mln), APA +1.8% (agreed to sell all of its operations in Argentina to YPF Sociedad Anonima (YPF) for cash payment of $800 mln plus the assumption of $52 mln of bank debt as of June 30, 2013), BYI +0.9% (CEO disclosed buying 15K shares at $67.36-67.70 on 2/12, worth ~$1.0 mln)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: ANGI -14.7%, ITRI -14.5%, PRCP -13.7%, LF -10.8%, URS -8.8%, WFM -7.2%, LPSN -5%, FNF -4.5%, CSCO -3.7%, TNGO -3.5%, SPWR -3.2%, NTAP -3.2%, ECOL -2.7%, NTES -2.5%, BGS -2.3%, BLKB -1.7%, MDLZ -1.7%, MORN -1.5%, INT -1%, Z -1%, ICUI -0.9%, ATNY -0.7%, CTL -0.6%, KGC -0.6%, CXP -0.5%, CXW -0.3%, TCO -0.1%, DDR -0.1%
Companies trading lower in after hours in reaction to news: DRRX -28.7% (received Complete Response letter from FDA for POSIDUR (SABER-Bupivacaine)), MDCO -13.8% (confirmed that an FDA Advisory Committee recommended against antiplatelet therapy cangrelor), VRNG -3.9% (conducted business update call; co has not determined what it would do with a large cash position), ATRC -3.4% (announced commencement of public offering of common stock; selling shareholders are also involved in the offering), CFX -1.6% (announced offering of 6.5 mln shares of common stock)