After Hours Summary: PAA +2.9% to sell substantially all of its NGL business; LZB -0.1% flat on earnings; Amazon Ads and Disney Advertising announce collaboration
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: PAA +2.9% (to sell substantially all of its NGL business to Keyera for US$3.75 bln), CAAP +2.7% (reports May traffic), PAGP +2.3% (to sell substantially all of its NGL business to Keyera for US$3.75 bln), TALO +2.3% (announces enhanced corporate strategy), HAS +2.3% (3% global workforce reduction, according to WSJ), ARAI +1.6% (files for 8,125,779 share offering by selling shareholders), MITT +1.3% (increases dividend), RTX +0.7% (awarded a $299.7 mln modification to previously awarded US Navy contract), LHX +0.6% (awarded a $487 mln US Army fee), FI +0.3% (collaboration with Early Warning Services), DIS +0.1% (Amazon Ads and Disney Advertising announce collaboration)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: LZB -0.1%
Companies trading lower in after hours in reaction to news: BMEA -26.9% (stock offering), CRDF -16.8% (names new CMO; also announces timing for the next CRDF-004 trial update), FF -8.1% (idles biodiesel production amidst regulatory uncertainty), BTDR -7.1% (files $300 mln convertible notes private offering), SMA -4.1% (acquires five self-storage properties), PEGA -0.7% (shareholders approve 2-for-1 stock split), AMZN -0.1% (Amazon Ads and Disney Advertising announce collaboration), BUSE -0.1% (Director bought 5000 shares)