After Hours Summary: KMP +1.5%, WD +1.1%, PLXS +0.5%, CSX -3.4%, KMI -0.8%, BPFH -0.7% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: KMP +1.5%, WD +1.1%, PLXS +0.5%
Companies trading higher in after hours in reaction to news: - ZOOM +69.3% (entered into a non-binding Letter of Intent with Tinho Union Holding toacquire Tinho), - TXTR +11.2% (SAC Capital Advisors disclosed 5.0% passive stake in 13G filing), - SRPT +11.1% (announced eteplirsen demonstrates continued stability on walking test through 120 weeks in Phase 2b study in Duchenne Muscular Dystrophy), - HELE +2.8% (Co implements succession plan and appoints Julien Mininberg Chief Executive Officer effective March 1, 2014), - AOL announced the creation of a joint venture to run Patch, a platform for local news and information), - ILMN +1.8% (announced it entered into agreement to develop an oncology companion diagnostic test),
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: CSX -3.4%, KMI -0.8%, BPFH -0.7%
Companies trading lower in after hours in reaction to news: GLOG -7.3% (announced agreement to purchase three LNG Carriers from BG Group for ~$468 mln; announced public offering of 8.4 mln shares and concurrent private placement of common shares), AMRN -4.2% (announced FDA review response on ANCHOR SPA agreement reinstatement request will be delayed), ORC -1.8% (announced public offering of 1.5 mln shares of common stock), JCP -1.6% (announced strategic initiative to advance turnaround; Co to close 33 underperforming stores; generate annual savings of approximately $65 mln beginning in '14)