Pre-market Movers For July 24 (AAPL, BA, LLY, DELL, F, PEP, MFB, VMW, CAT, BRCM)

(RTTNews) - Gainers:

Apple Inc. (AAPL) is up 4 percent to $438.22. The company's third quarter profit declined from the year-ago quarter, but topped Wall Street view. Revenue for the quarter improved from the year-ago quarter and came above the consensus estimate. The company sold a record 31.2 million iPhones in the quarter, while sales of iPads declined to 14.6 million units.

Boeing Co. (BA) is gaining over 1 percent to $109.15. The company's second quarter earnings improved from the prior year period and its core earnings per share were above Street view. Total revenues for the quarter were above the consensus estimate. The company also raised its 2013 forecast.

Eli Lilly & Co. (LLY) is rising 3 percent to $52.55. The company's second quarter profit improved from the year-ago quarter and topped Wall Street view. Total revenue rose 6 percent and was above the consensus estimate. The company raised its 2013 earnings guidance but maintained its revenue forecast.

Dell Inc. (DELL) is rising more than 3 percent to $13.32. Michael Dell and Silver Lake have revised their proposal that would increase the offer price to $13.75 per share in cash, subject to certain conditions. In light of the revised proposal, the special meeting of stockholders will be adjourned to August 2, 2013. This revised proposal has been described as the best and final proposal from Michael Dell and Silver Lake.

Ford Motor Co. (F) is up 3 percent to $17.45. The company's second quarter earnings and revenues increased from the previous year period. The company said its second quarter profit reflected continued outstanding performance in North America, recovery in South America from the exchange-driven loss in the first quarter, very good progress in Europe in continuing to deliver its transformation plan and the best-ever profit in Asia Pacific Africa.

PepsiCo, Inc. (PEP) is up 0.52 percent to $86.65. The company's second quarter earnings improved from the last year quarter and were above analysts' estimate. Net revenue was 2 percent higher than the year-ago quarter and came above Street view.

Sarepta Therapeutics, Inc. (SRPT) is gaining over 4 percent to $48.50 following the news that the company plans to submit a New Drug Application to the FDA in the first half of 2014 for the approval of eteplirsen for the treatment of Duchenne muscular dystrophy.

Maidenform Brands, Inc. (MFB) is surging 22 percent to $23.33. HanesBrands Inc. (HBI) has entered into a definitive agreement to acquire the company for $23.50 per share.

VMware, Inc. (VMW) is gaining 14 percent to $81.27 following the release of its quarterly results.

Decliners:

Caterpillar Inc. (CAT) is falling more than 1 percent to $84.36. The company's second quarter profit and revenues were sharply lower than the year-ago quarter and were below analysts' expectations. The company also lowered its fiscal 2013 forecast as it now expects a more significant reduction in dealer machine inventory.

Broadcom Corp. (BRCM) is down 9 percent to $28.76 after reporting its second quarter results.