After Hours Summary: NBIX +18% following INGREZZA FDA approval... TSCO -3% on guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: HCSG +4.6% (light volume; also increases dividend)
Companies trading higher in after hours in reaction to news: NBIX +18.4% (confirms FDA approval of INGREZZA capsules as the first and only approved treatment for adults with Tardive Dyskinesia), NADL +9.3% (continued strength), NAK +8.7% (Pebble Project land use permit approved by State of Alaska), ADPT +7.4% (Wexford Capital discloses 8.54% active stake), DRYS +6.9% (announces 2nd consecutive common stock dividend for the quarter ended March 31, 2017), ARLZ +5.3% (Aralez Pharma and the US Government extend contract by one year to April 28, 2018 with modified pricing for the duration thereof), TNXP +3% (after seeing pullback in late trade), TNP +2% (Tsakos Energy initiates a new 'strategic alliance' with a major US oil company for the chartering of a series of crude tankers, primarily VLCCs and suezmaxes, for periods of up-to three years ), NSH +1.8% (following NS acquisition news/guidance; also NuStar Energy to conduct 10.5 mln common unit offering including $15 mln to William Greehey, Chairman of the board of directors of NuStar GP), VNDA +1.5% (initiated with an Outperform at Oppenheimer), AB +0.9% (upgraded to Outperform at Keefe Bruyette ), DECK +0.3% (following late move higher on reports of strategic review)
After Hours Losers:
Companies trading lower in after hours in reaction to guidance: TSCO -3% (sees Q1 below consensus; comps fell 2.2%)
Companies trading lower in after hours in reaction to news: NS -6.9% (to acquire Navigator Energy Services for ~$1.475 billion; expects Q1 net income $55.0 -62.0 mln, EBITDA $149.0-159.0 mln and distributable cash flow $100.7-108.2 mln; NuStar Energy to conduct 10.5 mln common unit offering including $15 mln to William Greehey, Chairman of the board of directors of NuStar GP), ONVO -6.3% (Keith Murphy will be stepping down as CEO to pursue entrepreneurial opportunities effective April 21 ), X -1.5% and AKS -0.8% (still checking)