After Hours Summary: GTAT +13.4%, FN +11.5%, ORIG +8.1%, BSFT -18.5%, PPO -13.4%, GST -10.3% following earnings/guidance After Hours Gainers: Companies trading higher in after hours in reaction to earnings: GTAT +13.4%, FN +11.5%, CSU +9.2%, ORIG +8.1%, ARCI +6.8%, UVE +6.5%, KERX +6.2%, CSOD +5.6%, ACUR +4.6%, SB +3.2%, ZIPR +2.7%, NFX +2.2%, MRO +1.7%, JMBA +1.4%, RKT +1.4%, CENX +1%, AEL +0.8%, WSR +0.4%, ED +0.3%, WFT +0.2%, GDP +0.1%
Companies trading higher in after hours in reaction to news: - CYTX +41.2% (licensed Asia-Pacific cardiovascular, renal & diabetes markets to Lorem Vascular for up to $531 mln; co to receive $31 mln upfront in equity and initial purchase commitments), - GTAT +13.4% (announced that it has entered into a multi-year supply agreement with Apple to provide sapphire material; co also reported earnings), - KERX +6.2% (to hold conference call tomorrow, Nov 5, 2013,at 8:30 AM ET to discuss top-line results from Zerenex Phase 2 study), - ACUR +4.6% (announced distribution of Nexafed by Rite Aid Pharmacies), - PIP +4.4% (Theraclone Sciences' monocloncal antibody candidate PGT121 suppresses HIV in simian models of disease; Note: On August 1, 2013, Theraclone and PharmAthene announced a definitive merger agreement), - VR +0.6% (announced increase in common share repurchase authorization to $500 mln)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: BSFT -18.5%, PPO -13.4%, GST -10.3%, LF -9.7%, MDR -9.2%, SGY -8.4%, MR -8.3%, ANAD -7.4%, TNH -6.1%, GIMO -5%, THO -4.3%, CVGI -3.4%, FST -2.6%, APL -2.5%, CF -2.1%, APC -1.9%, THC -1.6%, PRO -1.5%, HK -1.5%, DRYS -1.2%, IMMU -1.1%, ARI -1.1%, TRGP -1%, IMRS -0.6%, SNCR -0.5%, CRZO -0.5%, SBAC -0.3%, PSEC -0.3%, ELNK -0.2%, PXD -0.2%
Companies trading lower in after hours in reaction to news: - EXLS -4.0% (disclosed it received a notice of termination from The Travelers Indemnity Company; Travelers represented 9.6% of co's revs Q3 revs), - CSTM -2.7% (announced proposed secondary offering of 17.5 mln Class A ordinary shares by selling shareholders), - CST -2.4% (announced public offering of ~13.11 mln shares of common stock by selling stockholder), - EPD -2.3% (announced commencement of a public offering of 7.5 mln common units representing limited partner interests in the partnership), - VNTV -1.5% (announced funds managed by Advent International have agreed to sell 15 mln shares of Vantiv's Class A common stock in secondary public offering), - EXR -1.1% (announced offering of 4.5 mln shares of common stock)