DELL earnings could be a catalyst to morning strength, but this relief rally is feeling stretched, so I'll be watching for some profit taking and perhaps a weak close. Transports still feel bullish as oil continues to pullback.
Companies trading higher in after hours in reaction to earnings:
MRVL +17.0%;
DELL +9.5%;
WIND +8.3%;
HEI +2.8%;
NOVL +1.3%...
Companies trading down in reaction to earnings:
QADI -24.4%;
SIGM -17.8%;
JCG -15.4%;
OVTI -7.1%...
Companies trading higher in after hours in reaction to news:
FRPT +3.7% (Co and General Dynamics look to expand partnership --
Bloomberg; had Q1 sales of $400
mln -
Bloomberg);
CSU +2.5% (special committee engages financial advisor);
PEIX +1.4% (closes $28.5
mln financing through the sale of 6.0
mln units)...
Companies trading lower in reaction to news:
ES (Washington River Protection Solutions,
LLC wins Department of Energy tank operations contract at
Hanford: DOE values the contract at $7.1
bln);
ALTH -3.5% (announces the closing of its previously announced public offering of 12,4
mln shares of newly issued common stock at a public offering price of $5.64/share);
TRR -1.5% (Signs 4 Exit Strategy contracts valued at $50.8
mln);
ICXT -1.2% (acquires S3I for approx. $5.3
mln);
IDTI -0.9% (announces departure of chief financial officer);
XIDE -0.7% (secures new military contracts).
