After Hours Summary: MU +7.3%, APOL +4.3%, TISI +2.2%, TCS -7.4% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: MU +7.3%, APOL +4.3%, TISI +2.2%
Companies trading higher in after hours in reaction to news: ARTC +10.9% (announced entry into a deferred prosecution agreement; to pay $30 mln fine to the U.S. Department of Justice), CEC +10.6% (Reters reporting co is considering a potential sale), ENZY +4.3% (announced 'New Food Raw Material' certification for K-REAL krill oil in China), LRN +2.2% (announced intent to create new company led by Ron Packard ; LRN appointed Nate Davis to replace departing CEO Ron PAckard), F +1.3% (CEO Alan Mulally said he will not leave for Microsoft (MSFT), to stay at Ford at least through 2014)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: TCS -7.4%
Companies trading lower in after hours in reaction to news: RBCN -6.0% (announced sale of $28.2 mln of common stock), MSFT -1.3% (Ford CEO Alan Mulally said he will not be leaving Ford to potentially head Microsoft), PM -0.5% (seeing headlines that China plans to place a ban on public smoking by year end)