Pre-market Movers For April 21 (VZ, UTX, MYL, KMB, ARMH, HOG, TRV, BHI, ITW, UA)

(RTTNews) - Gainers:

United Technologies Corp. (UTX) is up 1 percent to $118.01. The company's first quarter profit beat Street view, while net sales missed the consensus estimate. The company noted that it had a good start to the year, despite headwinds from a stronger U.S. dollar.

Mylan N.V. (MYL) is gaining over 7 percent to $73.00 amidst reports that it is a takeover target for Teva Pharmaceutical Industries Ltd. (TEVA).

Kimberly-Clark Corp. (KMB) is up over 4 percent to $112.00 as the company's first quarter results were above Wall Street view. The company also affirmed its 2015 adjusted earnings per share forecast.

Fortinet Inc. (FTNT) is gaining 10 percent to $38.25 as its third quarter results were above analysts' expectations.

ARM Holdings plc (ARMH) is gaining 4 percent to $53.40 as its first quarter profit improved from last year, on higher shipment of chips, improved operating margins and revenue growth in both licensing and royalty segments.

Decliners:

Verizon Communications Inc. (VZ) is down two tenths of a percent to $49.24. The company's first quarter earning per share topped Wall Street view. Total operating revenues for the quarter rose 3.8 percent.

Harley-Davidson, Inc. (HOG) is falling 7 percent to $ 57.05 as it lowered its full-year guidance for motorcycle shipments given the first-quarter retail results, and the ongoing, increased levels of aggressive competitive discounting in the U.S. Earnings for the first quarter improved and topped Wall Street view. Revenue was down primarily on unfavorable foreign currency exchange and slightly lower motorcycle shipments.

Travelers Companies, Inc. (TRV) is down 1 percent to $104.75. The company' first quarter profit declined from the year-ago quarter. Net written premiums missed the consensus estimate. The company raised its quarterly dividend by 11 percent and also authorized an additional $5 billion of share buyback.

Baker Hughes Inc (BHI) is down 1 percent to $67.70 as it slipped to a loss in its first quarter. Revenue for the quarter fell 20 percent. The company said its first quarter results are a reflection of the extreme market forces faced by its industry since late December.

Illinois Tool Works Inc. (ITW) was down 4 percent to $93.00 as the company lowered its 2015 earnings as well as organic revenue growth forecast due to a more challenging capital spending environment.

Under Armour, Inc. (UA) is down 2 percent to $85.80.