After Hours Summary: MYGN and COHR +14%, MCHP +10% higher following earnings/guidance, HT / CTB +3% boosted by index change announcements ... TDW -20% on earnings/lender update, GILD -6%, ZG -6% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MYGN +14.3%, COHR +13.5%, MCHP +9.9%, PSDV +8.4%, JIVE +7.7%, PIR +3.8% (reiterates Q4 guidance), TCS +3%, GNW +2.3%, PNRA +2.2%, CNO +1.9%, CALD +1.6%, IPHI +0.7%
Companies trading higher in after hours in reaction to news: HT +3.3% (will replace WCI Communities in the S&P SmallCap 600), CTB +2.9% (will replace comScore in the S&P MidCap 400), CRCM +2.8% (continued strength), EIX +1% (California Utilities' settlement agreement)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: USNA -21%, TDW -20.2% (also updates status of discussions with lenders and notehoders), SPSC -14.1%, TCX -13.6%, DRYS -7.5%, WAIR -6.7%, GILD -5.5%, ZG -5.5%, PAA -5.5%, ULTI -4.5%, BWLD -4.2%, AKAM -3.3%, URBN -2.9% (reports prelim Q4 (Jan) sales of $1.03 bln vs. $1.05 bln Capital IQ Consensus Estimate), AWRE -2.7% (light volume), AI -2.1%, TTWO -1.3%
Companies trading lower in after hours in reaction to news: GALE -15% (to issue/sell shares of common stock and warrants to purchase shares of common stock; amends Purchase Agreement with Lincoln Park Capital to decrease the value of common stock of the Company that it may sell to Lincoln Park from $55 mln to $15.6 mln), CHRS -6% (commences an underwritten public offering of $125,000,000 of shares of its common stock), PVG -5% (is offering $90,000,000 aggregate principal amount of unsecured convertible senior subordinated notes due 2022 pursuant to private placement), GMLP -4.6% (to offer 4,500,000 common units in an underwritten public offering ), PE -4% (to acquire oil/gas properties in Midland Basin from Double Eagle Energy Permian for approx $2.8 bln, commences private placement of senior notes due 2025; updates Q4 operations revises 2017 capital program and op guidance), AMC -2.9% (commences an underwritten public offering of common stock for the amount of $500.0 million), FXCM -2.9% (Gain Capital enters into definitive agreement to acquire the client base of FXCM's U.S. operations; terms not disclosed), DCIX -2.9% (DRYS sympathy), NE -2.4% (still checking - possibly TDW sympathy)