After Hours Summary: CSC +23%, HPE +10% following announcement of HPE's spinoff of its Enterprise Services business with CSC as well as earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CSC +23.4% (HPE announces spinoff of Enterprise Services business with CSC), DY +11.1%, NMBL +10.9%, HPE +9.8% (announces spinoff of Enterprise Services business with CSC)
Companies trading higher in after hours in reaction to news: PDLI +4.7% ( to make initial $107 mln equity investment in Noden Pharma), MON +1.6% (Bayer (BAYRY) issues statement on MON proposal; remains 'confident' in completing a transaction)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SPWH -4.5%, VMEM -2.7%, INTU -2.1%
Companies trading lower in after hours in reaction to news: TMST -13.6% (announces intention to offer $75 mln convertible senior notes due 2021 in a registered public offering)