After Hours Summary: CCM +11.0%, A +0.2%, OME -19.9%, URBN -5.1%, AMCN -0.4% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: CCM +11.0%, A +0.2%
Companies trading higher in after hours in reaction to news: SUNE +6.0% (co and TerraForm Power (TERP) signed an agreement to acquire First Wind for $2.4 bln), FST +5.6% (entered into definitive agreement to sell its natural gas properties located in the Arkoma Basin for after-tax cash proceeds of ~$185 mln), TRVN +5.1% (announced positive top-line results from Phase 2a/b study of TRV130 in acute postoperative pain), XLNX +2.5% (Board authorized a repurchase of up to $800 mln of the Co's outstanding common stock), NVAX +1.2% (announced that enrollment has begun in a Phase 2 clinical trial of its recombinant quadrivalent seasonal influenza virus-like particle vaccine candidate), TERP +1.2% (co and SunEdison (SUNE) signed an agreement to acquire First Wind for $2.4 bln; transaction immediately accretive to TerrForm), CLVS +0.5% (entered into oncology clinical trial collaboration with GlaxoSmithKline (GSK))
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: OME -19.9%, URBN -5.1%, AMCN -0.4%
Companies trading lower in after hours in reaction to news: NBS -29.8% (announced initial data from Phase 2 PreSERVE AMI clinical trial; some of three primary endpoints appear to have not been met), RMTI -4.5% (announced $55 mln proposed public offering of common stock), PF -3.6% (announced secondary offering of 20 mln shares by selling stockholders; announces concurrent repurchase of 1 mln shares of common stock), FOLD -3.1% (commenced $75 mln common stock offering), LQ -2.6% (announced that certain selling stockholders affiliated with The Blackstone Group (BX) have commenced a secondary offering of 20 mln shares of La Quinta common stock), RCPT -2.2% (announced proposed underwritten public offering of common stock)