Today after the close the following companies are scheduled to report earnings: ADBE, AVXS, BREW, CAL, EXA, GSM, MG, MNKD, NWY, OMER, TPIC, VSLR, WAAS, & XONE.
Futures are mixed after hours: S&P 500 futures are +1 from the fair value of 2,378 and Nasdaq100 futures are -0.88 from the fair value of 5,417.
Tomorrow morning, economic reports scheduled to be released include: Industrial Production (09:15 ET; Briefing.com consensus 0.2%), Capacity Utilization (09:15 ET; Briefing.com consensus 75.4%), Leading Indicators (10:00 ET; Briefing.com consensus 0.5%), & Michigan Sentiment (10:00 ET; Briefing.com consensus 96.8).
Tomorrow before the open the following companies are scheduled to report earnings: BDSI & TIF.
In extended trading, Adobe (ADBE) is +4% after the company reported better than expected quarterly results and offered strong second fiscal quarter projections. AveXis (AVXS) is up 16% after its fourth quarter results, but more importantly on positive topline results from its Phase 1, open-label, dose-escalating study designed to evaluate the safety and tolerability of AVXS-101 in patients with SMA Type 1. Elsewhere, beleaguered Valeant Pharma (VRX) is up 4% after current shareholder ValuAct Capital disclosed that it had acquired an additional 3 mln shares this week, pushing its stake over the 5% threshold.