Morning Market Losers
Francesca's Holdings (NASDAQ: FRAN) shares declined 11.39% to $13.54 after the company reported downbeat Q1 results and issued a weak outlook.
RadioShack (NYSE: RSH) shares slipped 6.12% to $1.45 after the company reported a wider-than-expected first-quarter loss. RadioShack posted a quarterly net loss of $98.3 million, or $0.97 per share, versus s year-ago loss of $28 million, or $0.28 per share.
B/E Aerospace (NASDAQ: BEAV) dropped 3.90% to $95.02 after the company announced its plans to split into two companies. The company also lifted its FY14 earnings guidance.
Casey's General Stores (NASDAQ: CASY) declined 3.85% to $71.89 after the company reported a drop in its fiscal fourth-quarter earnings. The company posted its quarterly earnings of $0.59 per share on revenue of $1.92 billion. However, analysts were estimating earnings of $0.53 per share on revenue of $1.92 billion.
Dendreon (NASDAQ: DNDN) shares fell 3.26% to $2.08. Dendreon's President and CEO John Johnson will step down for personal reasons.
The Wendy's Company (NASDAQ: WEN) fell 2.49% to $8.23. Argus Research downgraded Wendy's from Buy to Hold and removed the price target of $12.00.
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