Benzinga's Top #PreMarket Gainers

Time Warner

shares surged 19.79% to $85.06 in pre-market trading following a CNBC report stating that sources have said the company rejected a $80 billion formal offer from Twenty-First Century Fox

. NewLead Holdings

shares gained 7.83% to $2.34 in pre-market trading after tumbling 27.67% on Tuesday. Intel

shares jumped 5.36% to $33.41 in pre-market trading after the company reported better-than-expected Q2 earnings. Analysts at UBS upgraded Intel from Neutral to Buy and raised the target price from $30 to $37.50. International Business Machines

shares gained 2.26% to $192.75 in pre-market trading after Apple

announced a partnership with IBM in which IBM will sell iPhones and iPads to business clients globally.