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Last Update: 07-Dec-12 03:55 ET
Smith & Wesson shoots higher after hours following earnings (SWHC)
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: SWHC +3.0%, ESL +1.7%,
Companies trading higher in after hours in reaction to news: BIOD +19.6% (FDA granted orphan drug designation to co's glucagon for prevention of hypoglycemia in congenital hyperinsulinism population), GEO +6.5% (authorized special dividend of $350 mln, co said it is progressing towards 2013 REIT conversion), BAGL +5.1% (completed review of strategic alternatives: Board of Directors recapitalized the company & declared a one-time special dividend of $4.00 per share), DEJ +4.5% (Co executed a sale and farmout agreement covering a total of ~7,450 acres of 100% owned western Piceance Basin lands; Co will retain a 20% working interest in over 5,100 acres in this project), TREE +3.9% (Co expects to meet or exceed upper end of guidance; announced $1.00 special dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: CMTL -12.5%, ALOG -7.0%, PANW -3.5%, COO -1.8%, HWD -0.8%, FCEA -0.1%
Companies trading lower in after hours in reaction to news: AMRN -20.5% (announced $100 mln non-equity financing and Vascepa sales force hiring while continuing to assess strategic alternatives), VTSS -9.6% (announced public offering of common stock, size not disclosed), QRE -4.5% (announced pubic offering of 12 mln units), CWST -2.2% (announced acquisition of BBI for total consideration of up to $20 mln in cash plus 625k shares of common stock)
Companies trading higher in after hours in reaction to earnings: SWHC +3.0%, ESL +1.7%,
Companies trading higher in after hours in reaction to news: BIOD +19.6% (FDA granted orphan drug designation to co's glucagon for prevention of hypoglycemia in congenital hyperinsulinism population), GEO +6.5% (authorized special dividend of $350 mln, co said it is progressing towards 2013 REIT conversion), BAGL +5.1% (completed review of strategic alternatives: Board of Directors recapitalized the company & declared a one-time special dividend of $4.00 per share), DEJ +4.5% (Co executed a sale and farmout agreement covering a total of ~7,450 acres of 100% owned western Piceance Basin lands; Co will retain a 20% working interest in over 5,100 acres in this project), TREE +3.9% (Co expects to meet or exceed upper end of guidance; announced $1.00 special dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: CMTL -12.5%, ALOG -7.0%, PANW -3.5%, COO -1.8%, HWD -0.8%, FCEA -0.1%
Companies trading lower in after hours in reaction to news: AMRN -20.5% (announced $100 mln non-equity financing and Vascepa sales force hiring while continuing to assess strategic alternatives), VTSS -9.6% (announced public offering of common stock, size not disclosed), QRE -4.5% (announced pubic offering of 12 mln units), CWST -2.2% (announced acquisition of BBI for total consideration of up to $20 mln in cash plus 625k shares of common stock)
