After Hours Summary: ZAGG +16.3%, AKS +5.8%, JBL +4.6%, ORCL +4.5%, MLHR -5.8%, KEX -5.7% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: ZAGG +16.3%, AKS +5.8%, JBL +4.6%, ORCL +4.5%, LUB +3.1%, BIOD +0.8%, APOG +0.1%
Companies trading higher in after hours in reaction to news: TTPH +14.5% (announced positive top-line results from Phase 3 IGNITE 1 clinical trial of Eravacycline in complicated intra-abdominal infections; achieves primary endpoint in first of two pivotal trials), ONNN +3.4% (announced CMOS operational amplifiers that deliver zero drift operation and quiescent current for front-end amplifier circuits and power mgmt designs), NAV +2.4% (Carl Icahn disclosed 19.99% active stake in 13D filing), EXAM +2.1% (to replace OPLK in the S&P SmallCap 600), AMGN +0.3% (increased quarterly dividend 30% to $0.79 from $0.61 per share)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: MLHR -5.8%, KEX -5.7%, HNT -1.8%, STLD -0.4%
Companies trading lower in after hours in reaction to news: GNW -5.4% (announced it is still in the process of completing its annual review of long term care insurance active life margins; anticipates communicating results on or before the company's fourth quarter earnings conference call), ELLI -5.4% (announced that mortgage refinancing volume rose 5% in November, the fourth straight month of increases, as mortgage interest rates continued to fall), AHS -2.3% (announced a definitive agreement to acquire Onward Healthcare, Locum Leaders, and Medefis from OGH, for a total purchase price of $82.5 mln)