Pre-market Movers For Oct 21 (MCD, TLAB, VFC, SCTY, CSIQ, FSLR)

(RTTNews) - Gainers:

Tellabs (TLAB) is gaining 5 percent to $2.48. The company entered into a definitive merger agreement to be acquired by entities affiliated with Marlin Equity Partners for $2.45 per share in cash. The transaction value represents a total equity value of approximately $891 million on a fully diluted basis.

V.F. Corp. (VFC) is up 3 percent to $210.00. The company's third quarter profit improved from the previous year period and topped Wall Street view. Total revenues marginally missed the consensus estimate. The company backed its full year 2013 guidance. The company announced that its board has approved a four-for-one split of its shares of common stock.

SolarCity Corp. (SCTY) is rising 4 percent to $62.15.

Canadian Solar Inc. (CSIQ) is up 3 percent to $23.85. The company announced that it has been awarded a contract to supply 1.78MW to Saudi Aramco's KAPSARC solar power project in Saudi Arabia.

First Solar, Inc. (FSLR) is rising 4 percent to $51.95.

Decliners:

McDonald's Corp. (MCD) is falling over 1 percent to $93.60. The company's third quarter profit improved from the prior year period and topped Street view. Total revenues missed Street view by a whisker. Global comparable sales increased 0.9 percent during the quarter. The company expects global comparable sales performance to be in-line with recent quarterly trends, whilst restaurant margin percentages likely to drop at a level relatively similar to first quarter results.