Market Overview

Mid Morning Losers for March 11th, 2014

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  • Fuel Tech (NASDAQ: FTEK) - down 17% - Reports Q4 EPS of $0.02 vs $0.06 est; revenue of $24.20M vs $29.0M est.
  • Myriad Genetics (NASDAQ: MYGN) - down 9.9% - Failed to block Ambry Genetics. US Court denied the company's motion to block competitor genetic tests.
  • American Eagle Outfitters (NYSE: AEO) - down - Sales slipped 7% to $1.04 billion versus $1.12 billion, while comparable sales dropped 7%.
  • Tesco (NASDAQ: TESO) - down 6% - Stock has been under pressure since late February when the company release disappointing results. After successfully testing $18 on March 3rd, shares gapped below the figure.
  • American Eagle Energy (NYSE: AMZG) - down 5.6% - Announces Offering of 10M shares.
  • Urban Outfitters (NASDAQ: URBN) - down 4.9% - Nomura cut the price target on the stock from $42.00 to $39.00 after the company reported fourth quarter results..
  • Rentech (NASDAQ: RTK) - down 0.2% - Reports EPS of $(0.06) vs $(0.04) est; revenue of 79.27M vs $89.71M est.
 

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