Morning Losers for Mar. 4, 2014: RSH, MDR, WBMD, CLF, DNDN
ul> Radio Shack (NYSE: RSH) - down 13% - Reports Q4 EPS of $(1.90) which may not compare $(0.14) est; revenue of $935.40M which may not compare $1.12B est. Plans to close up to 1,100 underperforming stores in US. </li>McDermott International (NYSE: MDR) - down 7.5% - Reports Q4 EPS of $(0.14); revenue of $517.0M, says suspending guidance for foreseeable future. </li>WebMD Health (NASDAQ: WBMD) - down 4% - Downgraded from Buy to Hold by Stifel Nicolaus who removed the $55. </li>Cliffs Natural Resources (NYSE: CLF) - down 2% - Downgraded from Market Perform to Underperform by Wells Fargo. </li>Dendreon (NASDAQ: DNDN) - down 7.8% - Downgraded from Outperform to Market Perform by Bernstein which lowered the profit target from $4.30 to $3.30. Traders are likely taking profits following a nearly 15 percent on Monday. </li>
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.