Whitbread has retained the investment bank Morgan Stanley to advise on the Costa demerger, according to a report from this news service on 25 April. The report cited three people familiar with the situation for the information.
After Hours Summary: TTD +22%, IMMR +16% are higher, while SYMC -20%, SGYP -11%, FLS -8%, DBX / YELP -5%, NVDA -3% are lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: TTD +22.3%, IMMR +15.7%, MCFT +9.7% (light volume), VRAY +9.2%, GLOB +7.4%, NDLS +5.8%, FSCT +5.4%, PPC +5.4%, ASYS +4.1%, KTOS +3.7%, OMER +3%, KLIC +1.1% (says will not be filing its its 10-Q 'in a timely manner', reports prelim Q2 EPS and revs above consensus and guides Q3 revs in-line), UNIT +1%
Companies trading higher in after hours in reaction to news: XRX +2.3% (attributed to CNBC mention on Fast Money)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SYMC -20%, SGYP -11%, FLS -7.9%, FNKO -7.8%, XON -7.5%, FATE -7.3%, RDFN -6.9%, TLND -6%, DBX -4.7%, YELP -4.7%, NVDA -3.6%, TIVO -3.2%, CASA -2.9%, SENS -2.5%, HALO -2.4%, WBAI -1.5% (thinly traded),
Companies trading lower in after hours in reaction to news: PUMP -3% (commences 12 mln common stock offering by selling securityholders), PPG -2.9% (provides update on form 10-Q filing and internal investigation, has found evidence that improper accounting entries were made by certain employees at the direction of the former vice president and controller), WAGE -2.3% (files to delay 10-Q; is continuing its review of financial statements/ internal controls), MGM -1.1% (Investor Day is today; also Board authorized a new $2.0 billion share repurchase program), MDXG -1.1% (files to delay 10-Q)
Select semi/tech names are lower in after hours trade as NVIDIA (NVDA) weighs (etf SOXX -0.4%): MU -1.5%, AMD -1.2%, INTC -0.5%, NXPI -0.4%, TSM -0.4%