After-Hours Movers 01/15: (MNI) (XPO) (OSMT) Higher; (ACOR) (GWRS) (AA) Lower (more...)

January 15, 2020 5:48 PM EST

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Today's After-Hours Movers

McClatchy (NYSE: MNI) 90.2% HIGHER; announced today that it has entered into a Standstill Agreement with the Pension Benefit Guaranty Corporation (PBGC), extending its current runway for negotiating a consensual restructuring with key stakeholders.

XPO Logistics, Inc. (NYSE: XPO) 15.9% HIGHER; today announced that its board of directors has authorized a review of strategic alternatives, including the possible sale or spin-off of one or more of XPO’s business units.

Osmotica Pharmaceuticals plc (NASDAQ: OSMT) 15% HIGHER; insider buying

Acorda Therapeutics (NASDAQ: ACOR) 5.6% LOWER; filed to offer 9.6 million shares of common stock.

Global Water Resources, Inc. (NASDAQ: GWRS) 4.2% LOWER; announced that it has commenced an underwritten public offering of shares of its common stock. All of the shares are being offered by the company.

Alcoa (NYSE: AA) 2.8% LOWER; reported Q4 EPS of ($0.31), $0.09 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.47 billion. In 2020, the Company projects total bauxite shipments to range between 48.0 and 49.0 million dry metric tons. Total alumina shipments are expected to be between 13.6 and 13.7 million metric tons. The Aluminum segment is expected to ship between 3.0 and 3.1 million metric tons.

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