After Hours Summary: RYAM +11%, CGNX +8%, AMKR +6% following earnings/guidance, OCLS +70% on asset sale news... INST -18.5%, NLS -9.9%, RAIL -9.1%, THC -8.7%, TEX -5.8%, LB -5.6% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: RYAM +10.6%, CGNX +7.8%, AMKR +6.3%, AEIS +3.7% (ticking higher), LMNX +3.3%, ORC +2.6%, IDTI +2.1%
Companies trading higher in after hours in reaction to news: OCLS +70% (sells its Latin American-related assets to Invekra S.A.P.I. de C.V. of Mexico for $19.5 mln in cash), DRYS +25.8% (sold five of its Panamax vessels for an aggregate gross price of $29.4 million), LION +2.4% (ticking higher - Fidelity Southern will replace Monster Worldwide in the S&P SmallCap 600 after the close of trading on November 2), DLNG +2% (Dynagas LNG Partners enters charter agreement with Gazprom Marketing & Trading Singapore for the employment of the 150k cubic meter steam turbine LNG carrier Clean Energy), BBRY +1.6% (BlackBerry signs agreement with Ford Motor Company for expanded use of BlackBerry's QNX and Security Software), VRX +1% (following late sell-off on reports that former exec might be under criminal investigation; co confirms has been fully cooperating with authorities throughout the investigation and in frequent contact/continue to cooperate with US Attorney's Office for the Southern District of New York), CBR +1% (light volume- Board has engaged a strategic adviser to assist in exploring strategic alternatives)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: INST -18.5%, NLS -9.9%, RAIL -9.1%, THC -8.7%, STRL -7.3%, TEX -5.8%, LB -5.6%, (lowers Q3 EPS guidance ahead of its Investor Update Meeting; sees October same store sales +1% vs +LSD growth guidance), MPWR -2.9% (ticking lower), APC -2.4%, DKL -2.4%, OFIX -1.8%
Companies trading lower in after hours in reaction to news: EFC -2.3% (ticking lower, announces third quarter dividend of $0.45 per share, down from prior $0.50/share), M -0.3% (sells five stores to General Growth Properties)