After Hours Summary: FNSR +1.1%, LIFE +0.7%, CO +0.5%, HWAY -26.0%, SWHC -3.7%, RHT -1.5% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: FNSR +1.1%, LIFE +0.7%, CO +0.5%
Companies trading higher in after hours in reaction to news: CAG +6.3% (Jana Partners discloses 7.2% active stake in 13D filing; prepared to make nominees to the Board), SLI +2.9% (confirmed receipt of proposal from Handy & Harman (HNH) to acquire it for $43-45/share), MNTA +2.4% (announced launch of Glatopa (glatiramer acetate injection), a generic equivalent of daily COPAXONE), NTIP +2.3% (authorized an increase to its previously announced share repurchase program)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: HWAY -26.0%, SWHC -3.7%, RHT -1.5%
Companies trading lower in after hours in reaction to news: PVCT -9.3% (announced proposed public offering of common stock and warrants, size not disclosed), WSTC -4.4% (announced an underwritten public offering of 7 mln shares of common stock by certain of its existing stockholders; West to repurchase 1 mln shares in a private transaction), RESI -2.1% (announced Ashish Pandey will step down as CEO, effective June 30, 2015; Board has appointed George G. Ellison to serve as CEO), ZGNX -1.9% (shareholders approved 1-8 reverse stock split; split will take effect on July 1, 2015), BIOS -1.6% (announced June 25, 2015 record date for previously announced rights offering)