After-Hours Stock Movers 06/15: (HOS) (FNSR) (HZNP) Higher; (BAH) Lower (more...)

June 15, 2017 5:52 PM EDT
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Price: $0.30 --0%

Overall Analyst Rating:
    NEUTRAL (= Flat)

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Today's After-Hours Movers

Hornbeck Offshore Services, Inc. (NYSE: HOS) 15.2% HIGHER; announced today that the Company has refinanced its existing $200 million senior secured revolving credit facility with a new first-lien delayed-draw credit facility providing for up to $300 million of term loans. The six-year term of the New Credit Facility extends the maturity of the Old Credit Facility from February 2020 to June 2023.

Booz Allen Hamilton Inc. (NYSE: BAH) 12.2% LOWER; was informed that the U.S. Department of Justice is conducting a civil and criminal investigation relating to certain elements of the Company’s cost accounting and indirect cost charging practices with the U.S. government. To date, our internal and external audit processes have not identified any significant deficiencies or material weaknesses, or identified any significant erroneous cost charging. The Company is cooperating with the government in these matters and expects to bring them to an appropriate resolution.

Finisar (NASDAQ: FNSR) 7.8% HIGHER; reported Q4 EPS of $0.50, in-line with the analyst estimate of $0.50. Revenue for the quarter came in at $357.5 million versus the consensus estimate of $359.19 million.

Lumentum Holdings (NASDAQ: LITE) 1.6% HIGHER; up on FNSR results

Oclaro (NASDAQ: OCLR) 1.5% HIGHER; up on FNSR results

Horizon Pharma (NASDAQ: HZNP) 1.5% HIGHER; Cantor Fitzgerald initiates coverage with a Overweight rating and a price target of $13.00.

Valeant Pharmaceuticals (NYSE: VRX) 0.7% HIGHER; Cantor Fitzgerald initiates coverage with a Overweight rating and a price target of $18.00.

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