After Hours Summary: QCOM +7%, EBAY +6.5%, MAT +3.2% on earnings/guidance, LGIH +3.1% on S&P SmallCap 600 addition news... KMI -5%, INTC -3%, AXP -1% on earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: URI +9.1%, SPKE +7.5% (expects Q2 adjusted EBITDA of $10.0 -12.0 mln - far exceeding co's expectations), QCOM +7%, EBAY +6.5%, (also announces $2.5 bln buyback), TBI +5.3%, PTC +3.8%, MAT +3.2%, IMAX +2.9%, HXL +2.9%, FFIV +2.6%, NEM +2.1%, CCK +1.2%, DWCH +1% (light volume - reports Q3 results, also initiates process to explore and evaluate a broad range of strategic alternatives)
Companies trading higher in after hours in reaction to news: BLDP +9.9% (signs follow-on technology solutions agreement with leading global automotive OEM), LGIH +3.1% (LGI Homes will replace Krispy Kreme Doughnuts in the S&P SmallCap 600 July 27 after the close), JOY +2.4% (ticking higher; Nucor to acquire Joy Global's steel plate mill), GM +0.5% (slightly higher after declaring unchanged Q3 dividend of $0.38/share and ahead of earnings tomorrow July 21 before the open), TSLA +0.3% (Elon Musk expected to reveal 'master plan' tonight at 8 PM ET on Tesla's website)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SCSS -7.1% (also increases share repurchase to $300 mln), KMI -4.9%, INTC -3.1%, VMI -3.1%, MLNX -2.7%, TSCO -2.3% (also Senior VP & Controller Kurt Barton to replace Anthony Crudele as CFO upon his retirement in 1Q17), AXP -1.1%, PLXS -0.5% (ticking lower)
Companies trading lower in after hours in reaction to news: BDC -6.6% (commences offering of 4.5 mln depositary shares, each of which represents a 1/100th interest in a share of its Series B Mandatory Convertible Preferred Stock), BKEP -6.5% (commences 3 mln unit offering of common units representing limited partner interests of the Partnership, FMSA -3.9% (commences underwritten public offering of 25 mln shares of common stock), UBA -3% (commences 2.75 mln common stock offering), CTO -2% (Consolidated-Tomoka Land announces Board has 'not received any expressions of interest in acquiring the Company that contained an indication of value that would provide a meaningful premium for shareholders'), OPTT -1.6% (modestly lower in after hours following another day of huge gains -- up more than 70%), LPI -1.3% (Laredo Petroleum expects to report a loss on derivatives of ~$68.5 million, including ~$45.0 million net cash received on settlements of matured derivatives, net of deferred premiums paid), HAWK -0.9% (intends to offer $425 million aggregate principal amount of convertible senior notes due 2022 through a private placement; to enter into an amended and restated credit agreement for a $700 mln credit facility)