Pre-market Movers For Jan 17 (GE, INTC, MS, UPS, ARIA, NIHD, RDEN, AAWW)

(RTTNews) - Gainers:

Morgan Stanley (MS) is rising 1 percent to $32.34. The company's fourth quarter profit declined from the year-ago quarter and missed analysts' expectation. Ner revenues were higher than in the previous year period.

Ariad Pharmaceuticals Inc. (ARIA) is up 10 percent to $7.43. The company announced the commercial availability of Iclusig (ponatinib) for adult patients with refractory chronic myeloid leukemia and Philadelphia-chromosome positive acute lymphoblastic leukemia in the U.S.

NII Holdings, Inc. (NIHD) is rising 24 percent to $3.00. The company announced that it will offer iPhone 5s and iPhone 5c to Nextel Brazil customers beginning January 31, 2014.

Decliners:

General Electric Co. (GE) is declining 2 percent to $26.68. The company's fourth quarter earnings and revenues improved from the previous year period. Operating earnings per share matched Wall Street view. The company also announced that it is well positioned to achieve its framework for 2014.

Intel Corp. (INTC) is falling 4 percent to $25.37. The company's fourth quarter profit improved from the previous year period, but missed Wall Street view. Revenue for the quarter rose 3 percent and topped the consensus estimate.

Elizabeth Arden, Inc. (RDEN) is falling 21 percent to $27.48. The company lowered its second quarter guidance primarily due to lower than anticipated net sales. The company said its results were significantly impacted by an increased level of highly promotional and discounted activity globally and weaker than anticipated holiday retail sales and replenishment orders at a number of its non-prestige retail accounts in North America.

Atlas Air Worldwide Holdings Inc. (AAWW) is falling 13 percentto $37.90 based on the news about British Airways' strategic decision to exit dedicated cargo-freighter service and to return three aircraft to Global Supply Systems in April 2014.

United Parcel Service, Inc. (UPS) is down 3 percent to $97.48 after guiding fourth quarter earnings below Street view and lowering its full-year adjusted earnings forecast. The company said its U.S. results were negatively impacted by the challenges of the compressed peak season coupled with an unprecedented level of online shopping that included a surge of last-minute orders.