After Hours Summary: BGG +6.4%, EBAY +2.9%, URI +1.5%, FFIV -15.8%, CTP -14.6%, SNDK -6.4% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: BGG +6.4%, EBAY +2.9%, URI +1.5%, CCI +0.9%, CREE +0.2%
Companies trading higher in after hours in reaction to news: NERV +15.9% (reported positive Phase 1 data with MIN-202- Selective Orexin-2 Antagonist for treatment of sleep disorders), ENDP +2.9% (to replace COV in the S&P 500), SBSI +1.9% (to replace SAM in the S&P SmallCap 600),
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: FFIV -15.8%, CTP -14.6%, SLM -7.7%, SNDK -6.4%, XLNX -6.1%, DFS -3.3%, DLB -2.5%, AXP -2.2%, KMI -1.8%, WBA -0.3%, CVTI -0.2%
Companies trading lower in after hours in reaction to news: ASPX -6.1% (announced 4 mln share offering; 3 mln shares to be offered by company and 1 mln shares to be offered by selling stockholders), BMRN -2.5% (announced 7.25 mln share offering), KMI -1.8% (to acquire Premier Midstream Position in Bakken for ~$3 bln; acquisition is expected to be modestly accretive to KMI's cash available to pay dividends in 2015 and 2016 and approx six to seven cents accretive beginning in 2017; co also reported earnings and raised its quarterly dividend by 10%), CSCO -1.2% (Oracle CEO Larry Ellison's said Oracle's new generation of engineered systems will be 50% cheaper than current offerings)