After Hours Summary: SHLM +7.5%, SONC +4.4%, DLR +1.6%, CYNI -20.3%, CYH -2.2% following earnings/guidance After Hours Gainers: Companies trading higher in after hours in reaction to earnings: SHLM +7.5%, SONC +4.4%, DLR +1.6%
Companies trading higher in after hours in reaction to news: NBIX +60.5% (announced positive results of VMAT2 inhibitor NBI-98854 in Kinect 2 study), EPZM +24.4% (co and Celgene advance Advance EPZ-5676 DOT1L inhibitor clinical program; EPZM earns $25 mln milestone payment), CVG +16.3% (to acquire Stream Global Services for $820 mln), CPE +10.3% (issued statement regarding Lone Star Value Management's "ill-advised and self-serving demands"), PAL +10.0% (announced 2014 operationg fuidance; targeting increased payable palladium production of 170-175K ounces), SPEX +8.3% (filed to withdraw registration statement on Form S-3), PANW +5.8% (announced acquistion of Morta Security, terms not disclosed)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: CYNI -20.3%, CYH -2.2%
Companies trading lower in after hours in reaction to news: UNXL -8.0% (announced that the start of the manufacturing ramp for the InTouch Sensors product line has been delayed until the second quarter of 2014), COCO -7.2% (disclosed that the U.S. Consumer Financial Protection Bureau's Office of Enforcement is considering recommending that the CFPB take legal action against the company), PBF -4.7% (announces secondary public offering of 15 mln shares of common stock), PKY +3.5% (announced public offering of 10.5 mln shares of common stock), NYMT -3.3% (announced public offering of 10 mln shares of common stock), KW -3.1% (announced it plans to sell 8 mln shares of common stock in a public offering)