4 Stocks Moving After Hours: Management Changes, Earnings, Offerings And M&A

U.S. stock markets edged up on Monday trading, driven by the Fed’s Lael Brainard’s comments regarding her lack of eagerness to raise interest rates any time soon.

United Natural Foods, Inc. UNFI Q4 EPS of $0.70 beat estimates by $0.07, while revenue of $2.22 billion was in line with the Street’s consensus. Shares traded up 1.15 percent after the bell rang.

Shares of Blue Buffalo Pet Products Inc BUFF, Anadarko Petroleum Corporation APC and Weight Watchers International, Inc. WTW tumbled 2.4 percent, 2.7 percent, 5.4 percent, respectively.

Weight Watchers’ decline was triggered by the resignation of CEO James Chambers, effective September 30. While the Board of Directors searches for a new CEO, an interim Office of the Chief Executive Officer (an exec team) has been created.

Anadarko Petroleum was falling on the acquisition of Freeport-McMoRan Inc FCX’s deepwater Gulf of Mexico assets for $2 billion. Shares of the latter were little changes in after-hours.

Blue Buffalo Pet Products slipped after announcing a secondary offering of 14.3 million, to be held by selling stockholders.

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Posted In: EarningsNewsOfferingsManagementM&AAfter-Hours CenterMovers
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