After Hours Summary: HLSS -3.2%, AZZ -2.1%, SHLM -0.1% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to news: VBIV +28.0% (announced collaboration with Sanofi Pasteur (SNY) to to apply VBI's Lipid Particle Vaccine formulation technology to further the development of Sanofi Pasteur vaccine candidate), CLVS +7.8% (received breakthrough therapy designation for Rucaparib for monotherapy treatment of advanced ovarian cancer in patients with BRCA-mutated tumors), OCN +7.8% (co disclosed it amended its agreement with Home Loan Servicing Solutions (HLSS); New Residential Investment (NRZ) agreed to a multi-year extension of the servicing contracts with OCN), QEPM +3.8% (to be acquired in full by Tesoro Logistics LP (TLLP); consideration is valued at $17.09 per QEPM common unit), DUK +1.0% (received approval for new Electric Security Plan), CLDX +0.8% (announced that data from the Phase 2 EMERGE study of glembatumumab vedotin in metastatic breast cancer have been published in the Journal of Clinical Oncology)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: HLSS -3.2%, AZZ -2.1%, SHLM -0.1%
Companies trading lower in after hours in reaction to news: OCUL -33.4% (reported topline clinical data for its second Phase 3 clinical trial evaluating OTX-DP for the treatment of post-surgical ocular inflammation and pain: primary efficacy endpoint for pain met, primary efficacy endpoint for inflammatory cells not attained), HELI -12.8% (announced tender offer to purchase up to $80 mln of its outstanding 9.375% senior notes due 2021), MX -8.3% (announced it received an expected notice of noncompliance with NYSE continued listing requirements due to failure to file Form 10-K), GEL -5.9% (increased quarterly dividend 10.9% to $0.61/share; announced public offering of 4 mln common units representing limited partner interests), NRZ -4.0% (announced public offering of 40 mln shares of common stock; ~28.3 mln shares being offered by Home Loan Servicing Solutions (HLSS), remainder being sold by the company), WBAI -3.6% (issued clarifiaction on announcement regarding online lottery sales in China; believes approval to provide online lottery sales in China is valid and has not been revoked or amended), DYAX -3.2% (announced proposed 7 mln share public offering of common stock), FCH -2.5% (announced that it is commencing a public offering of 14.5 mln shares of its common stock; reported Q1 RevPAR grew 13.1% yoy to $132.9), HPP -1.6% (announced an underwritten public offering of 5,000,000 shares of its common stock by certain funds affiliated with Farallon Capital Management)