Pre-market Movers For July 28 (MRK, SIRI, PFE, F, BIDU, UPS)

(RTTNews) - Gainers:

Sirius XM Holdings Inc. (SIRI) is up over 3 percent to $3.97. The company's second quarter results matched analysts' expectations. Looking ahead, the company raised its subscriber guidance, revenue, adjusted EBITDA and free cash flow for 2015.

Pfizer Inc. (PFE) is up nearly 2 percent to $34.93. The company's second quarter profit declined from the year-ago quarter, while its adjusted earnings per share topped market view. Revenues dropped from the year-ago quarter, but came above the consensus estimate. The company raised the midpoint of its 2015 financial guidance range for reported revenues by $500 million and the midpoint of guidance range for adjusted earnings per share by $0.04.

Ford Motor Co. (F) is up more than 2 percent to $14.94. The company's second quarter profit surged 44 percent from the year-ago quarter on higher revenues. The company also reconfirmed its 2015 pre-tax profit guidance.

United Parcel Service, Inc. (UPS) is up 3 percent to $97.85. The company's non-GAAP earnings per share topped analysts' estimate, while sales missed the consensus estimate. The company noted that its global portfolio and performance reinforces its expectations to attain the higher-end of the guidance range.

Decliners:

Merck & Co. Inc. (MRK) is down three tenths of a percent to $56.80. The company's second quarter non-GAAP earnings per share topped Street view, while sales missed the consensus estimate by a whisker. The company lowered its full-year 2015 GAAP earnings per share guidance, but raised its non-GAAP earnings forecast.

Baidu, Inc. (BIDU) is down 13 percent to $171.25 as the company provided a weak outlook for the third quarter. At the same time, the company's second quarter earnings and revenues topped Street view.