What We're Trading
WNR - Western Refining absolutely DESTROYED EPS estimates, reporting Q4 $1.19 ex-items against a $1.04 estimate on revenue of $3.02B vs $2.49B estimate. Shares up nearly 5% in the pre and yes, I own this and HFC! B*A*N*G!!
PKLI - Parent company of Popeye's Louisiana Kitchen trading down 4% after the fried chicken king lowered forward guidance.
GOGO - Gogo trades up 7.5% on the OptionsHouse extended hours platform after an EPS bear on stronger revenues and increased guidance.
CRM - Salesforce reported inline EPS, raised revenue guidance & said free cash flow was $332M up 22% year/year, shares explode through 52-week highs, trading up 12%.
AVGO & ELX - Avago & Emulex will combine in a deal that pays ELX shareholders $8 per share, a level that Emulex trades at here, up some 25% overnight.
CYBX - Cyberonics & Sorin SpA agreed to merge, both companies up double digits on the news.
MELI - Mercadolibre missed EPS forecasts by 4 cents, which is not good, but did so on MUCH stronger sales, so some (not me) are buying up shares by 3% here.