Market Overview

Morning Market Losers

Related XGTI
Feltl and Company Downgrades xG Technology To Sell
Feltl And Company Downgrades xG Technology On Backlog, Visibility And Dilution
Related CNET
Morning Market Gainers
ChinaNet Launches Business Direct 3.0 in Cooperation With Baidu

xG Technology (NASDAQ: XGTI) fell 13.13% to $1.89 after the company priced $10 million public offering at $1.90 per share.

ChinaNet Online Holdings (NASDAQ: CNET) shares slipped 9.92% to $1.20 after the company postponed its FY13 earnings call.

ASML Holding NV (NASDAQ: ASML) shares dropped 5.47% to $80.48 after the company reported a rise in its first-quarter net profit and lowered its first-half forecast.

Span-America Medical Systems (NASDAQ: SPAN) fell 4.73% to $22.57. Span-America Medical Systems is expected to release its Q2 results on May 1, 2014.

Credit Suisse Group AG (NYSE: CS) fell 2.96% to $30.82 after the company reported a drop in first-quarter profit. Credit Suisse's quarterly profit slipped to 859 milion Swiss francs ($975.47 million), from a year-earlier profit of 1.3 billion francs.

Bank of America (NYSE: BAC) shares fell 2.53% to $15.98 after the firm reported a net loss in the first quarter. Bank of America posted a quarterly net loss of $276 million, or $0.05 per share, versus a year-ago profit of $1.5 billion, or $0.10 per share.

St. Jude Medical (NYSE: STJ) shares declined 2.37% to $61.72 after the company reported a 12% gain in its first-quarter earnings. For the year, St. Jude lifted its adjusted earnings forecast to $3.95 to $4 per share on revenue of $5.61 billion to $5.76 billion.

Carrols Restaurant Group (NASDAQ: TAST) shares slipped 1.99% to $6.90 after the company filed prospectus for $60 million.

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