After Hours Summary: MLNK +7.2%, YHOO +0.8%, CSX +0.7%, WTSL -8.9%, LBY -4.1%, INTC -2.1% following earnings/guidance After Hours Gainers: Companies trading higher in after hours in reaction to earnings: - MLNK +7.2%, - YHOO +0.8%, - CSX +0.7%, - PNFP +0.1%
Companies trading higher in after hours in reaction to news: - OXGN +17.8% (announced it will present preclinical data demonstrating antitumor activity of ZYBRESTAT in pancreatic neuroendocrine tumor model), - RIG +0.9% (announced 5-year contract for newbuild ultra-deepwater drillship; contract is expected to commence in Q4 of 2016, contributing an estimated revenue backlog of ~$1.1 billion), - GPI +0.8% (Eminence Capital disclosed 5.4% passive stake), - MNTG +0.8% (co responded to unsolicited non-binding proposal from Jacobs Entertainment (JEC); Board plans to evaluate the proposal and additional information that the Board has requested from JEC)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: - WTSL -8.9%, - JOEZ -7.6%, - LBY -4.1%, - GY -3.8%, - LLTC -3.2%, - INTC -2.1%, - OCZ -0.8%
Companies trading lower in after hours in reaction to news: - GDP -2.0% (announced increased 2013 and preliminary 2014 capital budget, including accelerated TMS drilling program), - NDAQ -1.0% (Twitter confirmed it will list on the NYSE)