logo
Plus   Neg
Share
Email

After Market Hours: Allscripts, Bed Bath & Beyond, Voxx, Genesis Gain; Alphatec, Ocular Slip

Allscripts Healthcare Solutions, Inc. (MDRX)- Shares of the healthcare IT company surged 55% in the extended session Tuesday after the company said it agreed to sell its CarePort Health business for $1.35 billion to WellSky, a company owned by private equity firms TPG Capital and Leonard Green & Partners. Allscripts expects the deal to close by the end of the year.

Bed Bath & Beyond Inc. (BBBY) - Shares of the bedding retailer gained nearly 6% in extended session Tuesday after the company said it has entered into separate agreements to sell its Christmas Tree Shops retail banner, its institutional Linen Holdings business, and a distribution center located in Florence, New Jersey. The company expects to generate proceeds of about $250 million.

VOXX International Corp. (VOXX) - Shares of the company jumped 17% in extended trading session Tuesday after VOXX's reported second-quarter results. Profit was $7.3 million or $0.30 per share, compared to a loss of $6.0 million or $0.24 per share last year. Sales rose 42% to $128.0 million from $90.2 million.

Genesis Healthcare, Inc. (GEN) Shares of the nano-cap company surged 61% in after-hours trading Tuesday. The announced that its subsidiary LTC ACO, an Accountable Care Organization, received a positive reconciliation and settlement under the Medicare Shared Savings Program for the 2019 performance year and as a result, generated shared savings for the second consecutive year.

Alphatec Holdings, Inc. (ATEC) - Shares of the company slipped 7% in extended trading session Tuesday after the company announced that it has commenced an underwritten public offering of $85 million of common shares.

Ocular Therapeutix Inc. (OCUL) - Shares of the biopharmaceutical company slipped nearly 10% in extended trading session after it said it has commenced a public offering of its common stock.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Nestle Prepared Foods, part of Swiss food and beverage giant Nestle SA, has recalled around 762,615 pounds of not-ready-to-eat or NRTE pepperoni hot pockets as it might be contaminated with extraneous materials including glass and hard plastic, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS said. Lake Champlain Chocolates or LCC has recalled select LCC milk chocolate products citing the possible presence of foreign objects, mainly brittle plastic pieces, according to the U.S. Food and Drug Administration. The affected products include Hazelnut Five Star Bar; Fruit & Nut Five Star Bar; Almond Five Star Bar; Granola Five Star Bar... A public health alert has been issued for ready-to-eat or RTE beef jerky products by the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The warning is given due to misbranding and the presence of undeclared anchovies, a known allergen. A recall was not requested because the products are not currently available for sale to consumers.
Follow RTT