TheChek News Flow

After Hours Gainers:

M&A related: RLOC +163.5% (ReachLocal to be acquired by Gannett for $4.60/share), CRL +5.0% (light volume, acquires Blue Stream Laboratories; terms not disclosed), MEET +1.9% (MeetMe to acquire Skout for $28.5 mln in cash & 5.37 mln common shares, implying an enterprise value of ~$54.6 mln, expects earnings accretion in first 12 months post-closing),

Companies trading higher in after hours in reaction to news:  MRNS +16.9% (Marinus Pharmaceuticals will host call on Tuesday June 28 at 9am ET to report results from Phase 2 investigator-sponsored, exploratory study evaluating ganaxolone in children with Fragile X Syndrome), HL +2.8% (S&P revises Hecla Mining outlook to positive on better-than-expected performance; Ratings Affirmed),  ZYNE +1.1% (announces 'positive' top line results from a Phase 1 trial of ZYN002 cannabidiol gel in development for the treatment of epilepsy, osteoarthritis and Fragile X Syndrome), AHP +0.4% (Ashford Hospitality Prime sends letter to Weisman inviting them to raise their offer & engage in due dilligence on a non-exclusive basis, notes the previously-announced offer 'materially' undervalues the co), XRX +0.2% (light volume, Xerox announces agreement with Carl Icahn, will appoint Jonathan Christodoro to the Board effective immediately)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings/guidance: EBF -2.0% (ticking lower)

Companies trading lower in after hours in reaction to news: RGLS -53.5% (receives verbal notice from the FDA that its IND for RG-101 for the treatment of chronic hepatitis C virus infection has been placed on clinical hold), BUFF -8% (Blue Buffalo commences secondary offering of 15 mln shares of its common stock on behalf of selling shareholders), SAND -4.6% (announces $50 mln bought deal financing at $4.45/share), SCTY -0.8% (SolarCity announces formation of special committee to evaluate Tesla proposal)