After Hours Summary: SCLN +14.3%, OME +11.5%, TAHO +8.1%, INGN -26.2%, BOX -13.5%, SHAK -5.5% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: SCLN +14.3%, OME +11.5%, TAHO +8.1%, AMOT +6.5%, ZOES +5.2%, PLPM +3.9%, XNET +3.4%, CTP +3.3%, MW +3.2%, PLOW +3%, MYRG +2.5%, CNAT +1.8%, NMRX +1.3%, EYES +0.3%
Companies trading higher in after hours in reaction to news: CTP +3.3% (appointed Vice Chairman Sylvain Dhenin as CEO; co also reported earnings), MS +3.0% (announced a share repurchase of up to $3.1 bln; increased quarterly dividend to $0.15 from $0.10), C +2.8% (announced an increase of quarterly dividend to $0.05 from $0.01 per share and a $7.8 bln share purchase plan during the five quarters starting in the second quarter of 2015), PLCE +2.7% (seeing reports that Hedge funds Barington Capital and Macellum Advisors have taken a stake in the company and are pushing for a sale), LMOS +2.6% (announced the sale of an aggregate of 1.6 mln shares of its common stock on an underwritten basis by an investment fund affiliated with Quadrangle Capital Partners L.P.), STI +1.9% (increased quarterly dividend to $0.24 from $0.20 per share; announced increase in share buyback program, authorizing up to $875 mln of outstanding common stock to be repurchased), RF +1.7% (increased dividend to $0.06 from $0.05 following CCAR; may repurchase up to $875 mln in common stock)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: INGN -26.2%, BOX -13.5%, SHAK -5.5%, RLYP -5.2%, KKD -5%, RST -2.1%, XOMA -1.9%, TGTX -1.6%, CMTL -1.2%, IPAR -0.7%, CHMI -0.3%
Companies trading lower in after hours in reaction to news: ACAD -27.1% (provided update on planned timing of its NUPLAZIDTM NDA submission - co now plans to submit its NUPLAZID NDA in the second half of 2015 vs. previous plans to submit in the first quarter of 2015; Separately announced retirement of CEO Uli Hacksell), PQ -13.7% (commenced an underwritten public offering of 10 mln shares of its common stock), BTE -4.8% (announced it has entered into an agreement to sell 28.82 mln common shares at $17.35 per share to raise gross proceeds of ~$500 mln on a bought deal basis), TRGP -3.9% (announced a public offering of 3.25 mln shares of common stock), TRIL -2.5% (filed for $57.5 mln offering of common shares), PE -2.3% (filed for ~14.89 mln share common stock offering by selling shareholders), GNCA -2.0% (to offer and sell shares of common stock in an underwritten public offering)