Before The Bell

Pre-market Movers For August 22 (TOL, SRZ, WSM, DELL, AEO, EXPR)

Gainers:

American Eagle Outfitters (AEO) is rising 7 percent to $22.25. The company's second quarter earnings from continuing operations surged from the year-ago period. Net sales for the quarter improved 11 percent.

Sunrise Senior Living Inc. (SRZ) is jumping 58 percent to $14.13 based on the news that Health Care REIT, Inc. (HCN) has agreed to acquire the company for $14.50 per share in an all-cash transaction.

Williams-Sonoma Inc. (WSM) is rising 10 percent to $42.11 following the release of its second quarter results.

Toll Brothers Inc. (TOL) is gaining 4 percent to $33.10 as its third quarter profit and revenues soared from the previous year period.

Decliners:

Express, Inc. (EXPR) is down 10 percent to $15.10. The company's second quarter profit increased from the year-ago quarter. Net sales increased 2 percent, but missed the consensus estimate. The company guided its third quarter earnings per share below Wall Street view.

Dell Inc. (DELL) is falling 6 percent to $11.57 following the release of its quarterly results.

by RTTNews Staff Writer

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