Morning Market Losers

Comverse CNSI shares fell 11.06% to $22.20 after the company reported a Q1 loss of $0.72 per share on revenue of $119.0 million. NeuStar NSR slipped 7.99% to $24.54. Neustar shares have dropped 44.79% over the past 52 weeks, while the S&P 500 index has gained 18.62% in the same period. MAXIMUS MMS tumbled 6.29% to $43.18. On Friday, MAXIMUS named Richard Nadeau as new Chief Financial Officer. Pilgrim's Pride PPC shares declined 4.15% to $25.18 after Tyson Foods TSN outbid Pilgrim's Pride for Hillshire Brands HSH. Tyson Foods TSN shares fell 1.82% to $39.39 after the company announced it has submitted a unilaterally binding offer to buy Hillshire Brands Company HSH for $63 per share in cash. Ferrellgas Partners LP FGP declined 1.72% to $26.25 after the company reported weaker-than-expected fiscal third-quarter earnings.
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