After Hours Summary: VRNT +6.7%, FIVE +3.3%, RLD +1.7%, PVH -6.0%, TRLA -1.7% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: VRNT +6.7%, FIVE +3.3%, RLD +1.7%, BV +1.2%, CAT +0.4%, KTWO +0.2%
Companies trading higher in after hours in reaction to news: HALO +12.6% (to resume resume PEGPH20 clinical program in pancreatic cancer; FDA removes clinical hold on Phase 2 trial), AXAS +6.7% (raised FY14 production guidance to 5500-5700 Boepd from 5200-5300 Boepd), S +4.2% (seeing reports that co is near agreement to acquire T-Mobile (TMUS); TMUS shares higher by ~2.5%), OLED (Board of directors approved $50 mln common stock repurchase program), ROK +1.3% (Board approved $1 bln common stock repurchase), SPR +0.7% (announced public secondary offering of ~8.17 mln shares of Class A common stock by selling stockholder; co to repurchase 4 mln shares), VRA +0.4% (entered into import and distribution agreement with Mitsubishi)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: PVH -6.0%, TRLA -1.7%
Companies trading lower in after hours in reaction to news: NVAX -10.8% (announced proposed public offering of $100 mln of its common stock), TSL -4.0% (announced the offering of $150 mln convertible senior notes; commences concurrent offering of 8.8 mln ADSs), SPWR -1.7% (announced intention to offer $400 mln aggregate principal amount of senior convertible debentures due 2021), ILMN -0.9% (to offer $900 mln of convertible senior notes)