Benzinga's Top Pre-Market NASDAQ Gainers (ERIC, SVVS, SIMG, GFRE)

LM Ericsson Telephone Company ERIC added 10.88% to $14.57 in the pre-market session. ERIC reported upbeat Q1 profit. SAVVIS Inc SVVS moved up 8.02% to $38.91 in the pre-market session. CenturyLink CTL announced its plans to buy SVVS for $40 per share, or $2.5 billion in cash, plus net debt of about $0.7 billion. Silicon Image Inc SIMG rose 6.48% to $8.05 in the pre-market session. SIMG reported better-than-expected Q1 results. Gulf Resources Inc GFRE soared 3.35% to $2.78 in the pre-market trading. GFRE's PEG ratio is 0.12. Read more from Benzinga's Markets.