Morning Market Losers

Rock Creek Pharmaceuticals Inc RCPI shares declined 25.80 percent to $2.10 after the company reported 1.645 million shares at $2.25 per unit. Ocata Therapeutics Inc OCAT shares dipped 11.88 percent to $5.49 after the company priced $30 million offering of common stock and warrants. DavidsTea Inc DTEA shares dropped 11.01 percent to $25.95. DavidsTea reported Q1 earnings of C$0.04 per share on revenue of C$35.8 million. The company Sees expected Q2 sales of C$30 million to C$31 million and adjusted loss of C$0.09 to C$0.08 per share. Azure Midstream Partners, LP Common Units Limited Partnership AZUR fell 9.15 percent to $13.80. Azure Midstream Partners priced 3.5 million unit offering at $14.17 per unit. La-Z-Boy Incorporated LZB shares slipped 4.31 percent to $25.99. La-Z-Boy reported in-line earnings for its fiscal fourth quarter, but the company's sales missed analysts' estimates. Zix Corporation ZIXI shares fell 3.87 percent to $5.21 after surging 4.63 percent on Tuesday. FedEx Corporation FDX shares declined 2.89 percent to $176.86 after the company reported downbeat Q4 sales. Adobe Systems Incorporated ADBE dropped 1.24 percent to $78.95. Adobe reported better-than-expected earnings for its fiscal second quarter on Tuesday. However, the company issued a weak forecast.
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