Morning Market Losers

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Pieris Pharmaceuticals IncPIRS
shares declined 18.10 percent to $2.67. Pieris Pharmaceuticals priced public offering of 9,090,909 shares of common stock at $2.75 per share.
MBIA Inc. MBI
shares dipped 17.27 percent to $5.27.
Apollo Education Group IncAPOL
shares dropped 14.80 percent to $13.24. Apollo Education reported better-than-expected earnings for its fiscal third quarter. However, the company lowered its forecast for the year ending in August.
Tuesday Morning CorporationTUES
fell 11.53 percent to $11.67. Tuesday Morning announced the resignation of its CFO Jeffrey Boyer.
Schnitzer Steel Industries, Inc. SCHN
shares dropped 7.74 percent to $17.78. Schnitzer Steel reported a FQ3 loss of $9.6 million.
Abercrombie & Fitch Co. ANF
shares slipped 2.71 percent to $21.54. FBR Capital downgraded Abercrombie & Fitch from Outperform to Market Perform and maintained the price target of $24.00.
Herman Miller, Inc. MLHR
shares slipped 2.18 percent to $29.20. Longbow Research downgraded Herman Miller from Buy to Neutral.
Randgold Resources Ltd. (ADR) GOLD
shares declined 1.50 percent to $67.66. Gold futures slipped 0.78 percent to trade at $1,169.80 an ounce.
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