After Hours Summary: GNW +19%, BGFV +12%, FIT +6%, XXIA +6% higher following earnings/guidance, STLY +61% on strategic alternatives news... CRAY -20%, RUBI -19%, MXWL -16%, CYH -13.5% on earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: GNW +18.9%, BGFV +12.2%, OCLR +9.9%, XCO +7.8%, FIT +6.4%, XXIA +6.4%, BOFI +6.3%, BOFI +6.3%, HDSN +5%, ETSY +4.8%, WMGI +3.9%, NBR +3.6%, RIGL +3.2%, FNGN +3.1%, BEAT +2.6%, ELGX +2.5%, TRUP +1.8%, AR +1.8%, RPXC +1.6%, LOCK +1.5%, HLTH +1.5%, SUPN +1.4%, FUEL +1.3%, ZAGG +1.2%, MRCY +1%, ARR +1%
Companies trading higher in after hours in reaction to news: STLY +61.2% (Stanley Furniture announces its Board, in its review of strategic alternatives, intends to issue to shareholders two special dividends totaling up to $1.50/share), CALM +2.5% (Cal-Maine Foods to acquire substantially all of the assets of Foodonics International and its related entities doing business as Dixie Egg Company; terms not disclosed), SVU +1.1% (Supervalu reaffirmed that it is preparing for a separation of Save-A-Lot business; prepared to consider alternatives and is also evaluating a possible sale of Save-A-Lot)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SGY -23.6%, CRAY -20.1%, RUBI -18.7%, MXWL -16%, CYH -13.5%, OESX -10.3%, ECR -9.7%, QRVO -8.9%, FARO -8.1%, CALD -7.4%, BECN -7.3%, GLUU -6.1%, DXCM -5.7%, TSRA -5.4%, CHUY -5.3%, ESIO -5.3%, HBI -4.9%, VRSK -4.4%, ZEN -4.1%, (also confirms that the final day of employment for Alan Black, former CFO, will be August 12), REXX -3.7%, NFX -3.1%, QUMU -2%, SLCA -1.9% (also plans to acquire Sandbox Enterprises for a combination of $75 million of cash on hand and ~4.2 million its common shares; expected to be modestly accretive to 2016 EPS and generate EPS accretion of $0.20 to $0.30 in 2017), PBPB -1.7%, DATA -1.2%, DATA -1.2%, EA -1%, TNAV -1%
Companies trading lower in after hours in reaction to news: VGZ -12.3% (Vista Gold announces $15 million bought deal offering of units), RGC -4.7% (Regal Entertainment announces secondary offering 13 mln shares of Class A common stock by Anschutz Corporation pursuant to the shelf registration statement), BIIB -2.1% (following late surge higher on M&A speculation - CNBC reported after the close that Allergan is unlikely to be interested in a Biogen deal, according to sources)