Pre-market Movers For May 27 (TIF, FPRX, HYGS, CHS, KORS, TOL)

(RTTNews) - Gainers:

Tiffany & Co. (TIF) is up 7 percent to $91.90. The company's first quarter earnings and sales topped Street view, despite declining from the year-ago quarter. The company attributed the lower net sales and earnings to the negative effects of a stronger dollar and difficult year-over-year sales comparison in Japan. The company also maintained its full year earnings outlook.

Five Prime Therapeutics, Inc. (FPRX) is up 18 percent to $23.30. The company has entered into an exclusive license agreement with bluebird bio, Inc. (BLUE) to research, develop and commercialize chimeric antigen receptor T cell therapies using its proprietary human antibodies to an undisclosed cancer target for hematologic malignancies and solid tumors.

Hydrogenics Corp. (HYGS) is gaining 24 percent to $11.31 based on the news that it has signed a 10 year exclusive agreement to supply Alstom Transport with hydrogen fuel cell systems for Regional Commuter Trains in Europe.

Decliners:

Chico's FAS Inc. (CHS) is down 6 percent to $15.70. The company's first quarter adjusted earnings per share matched Wall Street view, while net sales missed the consensus estimate. Comparable store sales for the quarter declined 0.1 percent reflecting approximately flat average dollar sale and transaction count.

Michael Kors Holdings Limited (KORS) is falling 13 percent to $52.61. The company's fourth quarter earnings missed Street view, while sales just managed to come in line with the consensus estimate. The company also forecast first quarter and full-year results below analysts' expectations.

Toll Brothers Inc. (TOL) is down 1 percent to $36.50. The company's second quarter profit improved from the year-ago quarter and topped Street view. Total revenues for the quarter declined and missed the consensus estimate. Toll narrowed its home delivery guidance for 2015.