After Hours Summary: SNPS +7%, WSM +6%, HTHT +5%, ZAYO +2% higher and LB -5% lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SNPS +6.7%, WSM +6.2%, HTHT +4.6%, ZAYO +2.3%
Companies trading higher in after hours in reaction to news: WMIH +3.8% (ticking higher; initiated with Outperform at Wedbush), JWN +2.4% (authorizes repurchase program of up to $1.5 bln of outstanding common stock; affirms quarterly dividend of $0.37/share), DDS +0.8% (light volume; Director Stephens disclosed the purchase of 10K shares worth ~$760K), SBUX +0.2% (Group Pres / COO Brewer disclosed the purchase of 5K shares)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SMRT -9.5%, QADA -7% (also launched new Indonesian subsidiary PT QAD Asia Indonesia and agreed to acquire the business assets of PT Iris Sistem Inforindo; scheduled to close by Aug 31), LB -5%
Companies trading lower in after hours in reaction to news: MEDP -1% (announces secondary offering of 5,224,997 shares of common stock by selling shareholders), DRI -0.7% (ticking lower; was notified by federal authorities that Cheddar's Scratch Kitchen restaurants point-of-sale systems may have been compromised in cyberattack incident involving restaurants in 23 states)