Market Overview

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

Related RSH
RadioShack Extends Big Rally; BB&T Skeptical
Morning Market Movers
RadioShack Posts Bigger Loss as Sales Lag (Fox Business)
Related MDR
Bank Of America Learns Hotel Construction Is Expected To Fall, Finds Bull Market Potential In Key 'Swing Factors'
Earnings Scheduled For August 4, 2014

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>

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