After Hours Summary: RXDX +26.3%, FRSH +18.4%, ORCL +1.7%, FPRX -7.2%, ADBE -4% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: RXDX +26.3%, FRSH +18.4%, ZQK +17.7%, WIX +9.3%, AEZS +7.4%, ENTL +4.2%, BONE +3.5%, CPXX +2.9%, ORCL +1.7%, NVGS +1.6%, MCUR +0.8%, WG +0.7%, EVOL +0.1%
Companies trading higher in after hours in reaction to news: VRML +30.1% (entered into three agreements with Quest Diagnostics (DGX): a global settlement agreement and mutual release, a testing and services agreement, and a non-exclusive license agreement), RXDX +26.3% (co and Teva Pharmaceuticals (TEVA) announced acquisition by Ignyta of four oncology R&D assets from Teva in exchange for 1.5 mln shares (6%) of Ignyta's common stock; RXDX also reported earnings), AKRX +5.5% (announced filing of 10-K for year ended December 31, 2014; in addition to second and third quarter 2014 financial statements), NETE +5.2% (co confirmed it will acquire PayOnline), HLF +4.5% (seeing reports that co has received a favorable court ruling), CIM +1.6% (announced that the Board has approved a reverse stock split of Chimera's outstanding shares of common stock at a ratio of 1-for-5; increased quarterly dividend to $0.096/share from $0.09/share),
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: FPRX -7.2%, ADBE -4%, OXGN -2.9%, EKSO -1.5%
Companies trading lower in after hours in reaction to news: NKTR -15.0% (announced Phase 3 BEACON study evaluating single-agent NKTR-102 in patients with advanced breast cancer did not meet its primary and secondary endpoints), ANTH -8.0% (announced proposed public offering of common stock; size and price details not disclosed), RSPP -4.0% (announced the commencement of an underwritten public offering of 5 mln shares of its common stock by the Company and 4 mln shares of its common stock by certain selling stockholders), ESPR -3.0% (announced $150 mln offering of common stock), APP -2.6% (filed to delay FY14 Form 10-K due to ongoing discussions with Standard General regarding revolving credit facility), ESI -2.5% (filed to delay FY14 Form 10-K), BBX -2.1% (issued statement Regarding BFC Financial Corporation announcement of cash tender offer for shares of BBX Capital Class A Common Stock; Special Committee expects to retain a financial advisor and has retained Hogan Lovells US LLP as its legal advisor), CRR -1.6% (cut quarterly dividend by 70% to $0.10/share from $0.33/share)