After Hours Summary: KGJI +33.3%, OVRL +31.4%, JCP +18.9%, WWE -20.2%, YOD -4.1%, PAYC -3.6% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: KGJI +33.3%, OVRL +31.4%, JCP +18.9%, XGTI +11.5%, JWN +9.6%, DCIN +8.3%, WYY +6%, ADSK +4.3%, ZBB +3.4%, AMAT +3.3%, QUNR +2.2%, DDS +1%, NVFY +0.7%
Companies trading higher in after hours in reaction to news: OVRL +31.4% (to be acquired by Sphere 3D in deal valued at ~$4.43 per share), XGTI (announced it has been awarded an important telephony patent in Mexico), RAX +6.1% (Bloomberg reporting that co has higher Morgan Stanley to pursue strategic alternatives), UNP +1.7% (announced 2-for-1 stock split; increases 2014 capital expenditures by $150 mln to $4.1 bln), VZ +1.7% (Berkshire Hathaway disclosed new 11 mln share stake in 13F filing; other well know hedge funds also disclosed new position in the company), ENZY +1.4% (reported a request for arbitration by AarhusKarlshamn AB, or AAK, a Sweden-based, global producer of specialty oils that is Enzymotec's joint venture partner in Advanced Lipids AB), AHC +1.2% (declared a special cash dividend of $1.50 per share)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: WWE -20.2%, YOD -4.1%, PAYC -3.6%, ASTM -2.6%, ICLD -2.5%, KOOL -0.7%, VJET -0.5%, TRTC -0.1%
Companies trading lower in after hours in reaction to news: NAVB -2.9% (announced restructuring of pipeline development; Michael Goldberg appointed as Interim CEO; co is refocusing its resources to better align the funding of the pipeline programs with the expected growth in Lymphoseek rev), GTIV -1.1% (Board rejected unsolicited proposal from Kindred Healthcare (KND); determined proposal significantly undervalues company and its prospects)