Morning Losers for Mar. 4, 2014: RSH, MDR, WBMD, CLF, DNDN

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  • Radio Shack 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.
  • McDermott International MDR - down 7.5% - Reports Q4 EPS of $(0.14); revenue of $517.0M, says suspending guidance for foreseeable future.
  • WebMD Health WBMD - down 4% - Downgraded from Buy to Hold by Stifel Nicolaus who removed the $55.
  • Cliffs Natural Resources CLF - down 2% - Downgraded from Market Perform to Underperform by Wells Fargo.
  • Dendreon 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.
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