After Hours Summary: PANW, DY highlight after-hours earnings declinersAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SBLK +8.1%, ENTA +3.1%, SINA +1.5%.
Companies trading higher in after hours in reaction to news: RIGP +6.8% (Transocean (RIG) agrees to increase the consideration for its pending acquisition of each outstanding common unit of Transocean Partners), CTIC +3.7% (To present data from the randomized Phase 3 PERSIST-2 clinical trial at ASH), TLLP +3.2% (Announces $1.1 bln in acquisitions, sees immediate accretion to unitholders), BGNE +3.1% (Baker Bros increases stake), HRL +2.9% (Sells Farmer John, Saag's Specialty Meats, and three farm operations for $145 mln; increases dividend), WLL +2.7% (To sell its 50% interest in its Robinson Lake natural gas processing plant and associated natural gas gathering system and its 50% interest in its Belfield natural gas processing plant and associated natural gas, crude oil and water gathering systems for approximately $375 million).
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PANW -12.5%, DY -11%, PNNT -10.3%, BECN -7.7%, VIPS -7%, GLBS -4.4%, JACK -3.4%, WB -1.8%.
Companies trading lower in after hours in reaction to news: ASM -11.6% (Announces $10 mln bought deal offering), GTE -5.4% (Announces $130 mln bought-deal financing), PLUG -3.4% (Files for $200 mln mixed securities shelf offering ), CCJ -3.1% (Following Japan earthquake), FTNT -2.8% (In sympathy following Palo Alto (PANW) earnings), BFAM -1.9% (Announced secondary offering of 2 mln shares of common stock by selling stockholders), BDGE -1.9% (Commenced an underwritten public offering of approximately $50 mln of its common stock), FEYE -1.9% (In sympathy following Palo Alto (PANW) earnings), CYBR -1.1% (In sympathy following Palo Alto (PANW) earnings).