Pre-market Movers For April 17 (GE, RAI, SLB, MAT, IGTE, MTW)

(RTTNews) - Gainers:

Reynolds American Inc. (RAI) is rising over 1 percent to $75.30. The company's first quarter adjusted earnings per share and net sales topped Wall Street view. The company reaffirmed its 2015 adjusted earnings per share guidance.

Schlumberger Ltd. (SLB) is gaining 2 percent to $94.10. The company's first quarter profit fell sharpy from the year-ago quarter, yet topped Street view. Revenues declined amidst the ongoing oversupply crisis and also missed the consensus estimate. THe company also announced that it will cut another 11,000 jobs as the U.S. energy sector continues to worsen due to plunging crude prices.

Mattel, Inc. (MAT) is up 5 percent to $26.52. The company's first quarter adjusted loss per share was narrower than analysts' estimate and sales came in above analysts' expectation.

iGATE Corp. (IGTE) is up 7 percent to $45.50.

Decliners:

General Electric Company (GE) is down two tenths of a percent to $27.22. The company slipped to a loss in its first quarter and revenues were lower when compared to the year-ago quarter. Meanwhile, operating earnings per share, excluding the GE Capital exit impacts, topped estimate by a penny.

Manitowoc Company, Inc. (MTW) is down 5 percent to $20.75 as it provided weak revenue guidance for the first quarter and also expects to incur pre-tax loss from continuing operations for the period.