Midday Decliners

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ImmunoGen Inc. IMGN -43% - Shares are sharply lower following the company’s announcement that Roche has announced top-line results of its Phase III MARIANNE study.

Finish Line Inc. FINL -20% - The company reported downbeat financial results; lowered guidance. In addition, Bank of America downgraded Finish Line to Sell.

NQ Mobile Inc. ADR NQ -18% - Shares are lower following the company’s announcement of financial results for the first three quarters of 2014.

Teekay Tankers TNK -13% - The company announced a 20M share offering at an 11 percent discount. In addition, UBS downgraded the shares to Neutral.

Ubiquiti Networks Inc. UBNT -10% - Analysts at Goldman Sachs initiated coverage on Ubiquiti at Sell with a $28 price target.

Foot Locker Inc. FL -8.8% - Shares are lower on the heels of Finish Line Inc.’s lowered guidance.

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