Companies trading higher in after hours in reaction to news: JCP +2.81% (letter to shareholders revealed a private equity firm was interested in buying the company at a premium in 2010), DELL +2.51% (says enterprise solution strategy is delivering on financial commitments; to adopt a quarterly dividend in the third quarter), SLCA +1.71% (announced authorization of a $25 mln stock repurchase program)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: CASY -5.69%
Companies trading lower in after hours in reaction to news: SMG -14.29% (expected to fall short of previous FY12 EPS guidance of $2.65-2.85 due to slowing consumer demand following a strong and early start to the lawn care season in the second quarter), DDD -5.99% (announced $100 mln public offering of common stock), CECO -3.70% (announced that the Accrediting Commission of Career Schools and Colleges voted to direct 10 CECO schools to validate their accreditation)






