After-Hours Stock Movers 09/26: (KITE) (SNX) (ARRY) Higher; (SXL) (NAT) (RICE) Lower (more...)
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Today's After-Hours Movers
Kite Pharma, Inc., (Nasdaq: KITE) 9.7% HIGHER; announced positive topline results from a pre-planned interim analysis of ZUMA-1 for its lead product candidate, KTE-C19, in patients with chemorefractory diffuse large B-cell lymphoma (DLBCL). KTE-C19 met the primary endpoint of objective response rate (ORR), p<0.0001, with ORR of 76 percent, including 47 percent complete remissions (CR).
SYNNEX Corp. (NYSE: SNX) 7% HIGHER; reported Q3 EPS of $1.73, $0.17 better than the analyst estimate of $1.56. Revenue for the quarter came in at $3.67 billion versus the consensus estimate of $3.49 billion. GUIDANCE: SYNNEX Corp. sees Q4 2016 EPS of $2.06-$2.11, versus the consensus of $1.93. SYNNEX Corp. sees Q4 2016 revenue of $3.83-.93 billion, versus the consensus of $3.77 billion.
Sunoco Logistics Partners L.P. (NYSE: SXL) 5.7% LOWER; Sunoco Logistics Partners L.P. and the Vitol Group today announced the Partnerships strategic acquisition of Vitols Permian Basin crude oil system. The Partnership entered into an agreement with Vitol Inc. to purchase an integrated crude oil business in West Texas for approximately $760 million plus working capital. In addition, Sunoco Logistics Partners L.P. announced that it has commenced an underwritten public offering of 21,000,000 common units.
Nordic American Tankers Limited (NYSE: NAT) 5.4% LOWER; announced an underwritten public offering of 11,000,000 common shares pursuant to the Company's effective shelf registration statement.
Array Biopharma (NASDAQ: ARRY) 5.1% HIGHER; adds to today's 81% intra-day gains following positive trial data.
Juno Therapeutics Inc (NASDAQ: JUNO) 5.4% HIGHER; gains on KITE news.
Rice Energy Inc. (NYSE: RICE) 4.2% LOWER; announced it has entered into a purchase and sale agreement to acquire Vantage Energy, LLC and Vantage Energy II, LLC for approximately $2.7 billion, including the assumption of debt. In connection with the acquisition, Rice Midstream Partners LP (NYSE: RMP) will purchase the acquired midstream assets from Rice Energy for $600 million. In addition, Rice Energy announced the commencement of an underwritten public offering of 40,000,000 shares of its common stock.
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