Pre-market Movers For Sept 18 (AAPL, ADBE, GIS, FDX, SI, PBMD, DRWI)

(RTTNews) - Gainers:

Apple Inc. (AAPL) is rising 1 percent to $460.50.

Adobe Systems Inc. (ADBE) is up 5 percent to $50.80. The company's third quarter earnings more than halved from last year, hurt by lower product revenues. Both earnings per share and quarterly revenues missed analysts' expectations. The company also provided earnings and revenue guidance for the fourth quarter, below Street view. Meanwhile, the company reported strong growth in paid Creative Cloud subscriptions, which breached the one million subscriptions mark in the third quarter.

General Mills, Inc. (GIS) is up 1 percent to $50.29. The company's first quarter profit matched analysts' expectation, while revenues topped Street view. The company also backed its annual earnings guidance.

FedEx Corp. (FDX) is gaining 3 percent to $114.30. The company's first quarter profit and revenue improved from the prior year period and topped Wall Street view. The company also backed its fiscal 2014 earnings per share growth guidance of 7-13 percent.

Siemens AG (SI) is up 1 percent to $119.33. The company announced the appointment of Ralf Thomas as its new finance chief succeeding Joe Kaeser, who took charge as its new president and chief executive officer from August 1. The company also said that Jim Hagemann Snabe, currently the co-CEO of business software maker SAP AG (SAP), will be appointed as member of the Supervisory Board by court order. He succeeds Deputy Chairman Josef Ackermann, who is leaving the Supervisory Board at his own request on September 30.

Decliners:

Prima Biomed Ltd. (PBMD) is down 19 percent to $1.90. The company announced top-line analysis of the CAN-003 phase 2 study of CVac for the treatment of epithelial ovarian cancer patients in first or second remission, indicating that the product was well tolerated, with no serious adverse events. The company said no evidence of an antibody response was seen after CVac administration which is also considered a positive signal.

Trading halt:

Trading in shares of DragonWave Inc. (DRWI) was halted. The company announced that it has priced an underwritten public offering of approximately 11.9 million units at $2.10 per Unit, for gross proceeds of $25 million.