On The Fly: Pre-market Movers

HIGHER: BIOLASE (BIOL), up 15.7% after the FDA granted the company's Epic Pro laser system 510(k) clearance... BNC Bancorp (BNCN), up just under 1% after being acquired by Pinnacle Financial (PNFP). Pinnacle Financial is up marginally... Cynosure (CYNO), up 9.5% after Bloomberg reported that the company is exploring strategic alternatives. LOWER: Nordic American Tanker (NAT), down 5.5% after cutting its dividend to 20c per share... McDonald's (MCD), down just under 1% after reporting quarterly results... Qualcomm (QCOM), down 5.8% after being downgraded to Underperform from Buy at CLSA.