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Last Update: 20-Mar-13 02:37 ET
Adobe Systems trades higher after hours following earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: WSM +6.6%, ADBE +5.7%, FRAN +3.8%, LOCM +0.6%
Companies trading higher in after hours in reaction to news: EAC +14.9% (announced acquisition of Evergreen Helicopters for $250 mln; acquisition is expected to be immediately accretive to EAC's EPS), LXP +6.9% (to redeem all outstanding shares of its 7.55% Series D Cumulative Redeemable Preferred Stock), CIE +4.7% (announced Shenandoah Appraisal Well encountered more than 1,000 net feet of oil pay; APC also 1.7% higher), GTI +3.0% (CEO discloses purchase of 40K shares at $7.32; CFO discloses purchase of 14K shares at $7.27), STP +1.7% (appointed Phillip Fan and Weiping Zhou to Board)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: FTEK -9.0%, PRMW -8.7%, CTAS -2.6%
Companies trading lower in after hours in reaction to news: MXWL -4.7% (filed to delay filing of 10-K due to resignation of co's public accounting firm), MEMP -3.9% (announced public offering of 8.5 mln common units representing limited partner interests), NMFC -3.4% (commenced primary offering of 2 mln shares of common stock and secondary offering of 4 mln shares of common stock on behalf of selling stockholder New Mountain Finance AIV), RLJ -2.9% (announced public offering of 11.5 mln common shares of beneficial interest), CSII -1.6% (co intends to offer and sell shares of its common stock in an underwritten public offering), CNW -0.2% (co issued a Q1 update: Weight per day in the first quarter of 2013 is expected to be down approximately 1.5%)
Companies trading higher in after hours in reaction to earnings: WSM +6.6%, ADBE +5.7%, FRAN +3.8%, LOCM +0.6%
Companies trading higher in after hours in reaction to news: EAC +14.9% (announced acquisition of Evergreen Helicopters for $250 mln; acquisition is expected to be immediately accretive to EAC's EPS), LXP +6.9% (to redeem all outstanding shares of its 7.55% Series D Cumulative Redeemable Preferred Stock), CIE +4.7% (announced Shenandoah Appraisal Well encountered more than 1,000 net feet of oil pay; APC also 1.7% higher), GTI +3.0% (CEO discloses purchase of 40K shares at $7.32; CFO discloses purchase of 14K shares at $7.27), STP +1.7% (appointed Phillip Fan and Weiping Zhou to Board)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: FTEK -9.0%, PRMW -8.7%, CTAS -2.6%
Companies trading lower in after hours in reaction to news: MXWL -4.7% (filed to delay filing of 10-K due to resignation of co's public accounting firm), MEMP -3.9% (announced public offering of 8.5 mln common units representing limited partner interests), NMFC -3.4% (commenced primary offering of 2 mln shares of common stock and secondary offering of 4 mln shares of common stock on behalf of selling stockholder New Mountain Finance AIV), RLJ -2.9% (announced public offering of 11.5 mln common shares of beneficial interest), CSII -1.6% (co intends to offer and sell shares of its common stock in an underwritten public offering), CNW -0.2% (co issued a Q1 update: Weight per day in the first quarter of 2013 is expected to be down approximately 1.5%)
