After Hours Summary: AA +4.4% higher after earnings while KALU -8.6%, TCBI -7.7% fall lowerAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AA +4.4% (also announced $200 mln stock repurchase program), STLD +3.6%
Companies trading higher in after hours in reaction to news: EIGR +4.9% (announced 'positive' data from Phase 2 LIMT HDV study), TCP +3.1% (light volume; subsidiary filed settlement agreement with FERC), OMED +2.5% (mixed trading; Celgene notified company of decision not to exercise its option to license rosmantuzumab), NOC +1.1% (awarded $700 mln Navy contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: KALU -8.6%, TCBI -7.7%, SEE -6.5% (issued downside guidance for Q3 EPS and lowered FY18 EPS outlook), CCK -3.9% (issued downside guidance for Q4 EPS), URI -3.9%, OIS -3.3% (updated Q3 guidance; sees profit and revenue below consensus), SLG -2.4%
Companies trading lower in after hours in reaction to news: ACRS -8% (proposed public offering of common stock), SELB -7.3% (informed of a Grade 5 Serious Adverse Event in trial of combination product candidate SEL-403), KRYS -5% (commenced offering of $60 mln of common stock), ZG -1.4% (light volume; announced management transitions, including departure of COO), MUR -0.7% (filed mixed securities shelf offering)