Morning Market Losers

Astea International ATEA shares fell 20.86% to $1.48. Astea posted a Q3 net loss of $0.9 million on revenue of $5.1 million. Sky-mobi MOBI shares tumbled 13.88% to $6.02 after the company reported Q3 earnings of $0.01 per share on revenue of $34.40 million. DreamWorks Animation SKG DWA shares dipped 13.11% to $22.61. Talks between Hasbro HAS and DreamWorks Animation have apparently stalled and are unlikely to resume, according to sources reported by WSJ. Castle Brands ROX shares dropped 12.62% to $1.73 after the company reported a Q2 loss of $0.01 per share. Inovio Pharmaceuticals INO shares declined 10.41% to $9.86. Inovio Pharmaceuticals and Roche RHHBY have terminated their 2013 collaboration, option, and license agreement to co-develop INO-5150. Denbury Resources DNR shares slipped 9.33% to $10.15. Denbury announced its plans to lower its 2015 capital spending by 50%. Credit Suisse downgraded Denbury Resources from Outperform to Neutral and lowered the price target from $19.00 to $16.00. SinoCoking Coal and Coke Chemical Industries SCOK shares dropped 8.81% to $3.00. On Friday, SinoCoking reported a Q1 loss of $0.12 per share on revenue of $13.57 million.
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