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Morning Market Losers

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Neostem (NYSE: NBS) shares dropped 23.30% to $5.20 after the company reported initial 'positive' data from Phase 2 PreSERVE AMI clinical trial.

CytRx (NASDAQ: CYTR) shares fell 9.71% to $2.49 after the company reported a partial clinical hold affecting Aldoxorubicin clinical trials.

Urban Outfitters (NASDAQ: URBN) shares slipped 7.04% to $28.66 after the company reported weaker-than-expected third quarter earnings. However, the company posted revenue of $814.74 million, slightly above estimates. Its comparable Retail segment net sales slipped 1%.

Blue Earth (NASDAQ: BBLU) shares declined 5.13% to $1.11. On Monday, the company announced a letter of agreement to purchase 273MW's of solar and wind projects in Mexico subject to completion of due diligence.

The TJX Companies (NYSE: TJX) shares dropped 1.58% to $60.57 after the company met third-quarter expectations Tuesday but offered an outlook below the Wall Street consensus.

Agilent Technologies (NYSE: A) shares fell 1.14% to $40.77 after the company reported FQ4 financial results Monday with orders of $1.91 billion, up 4% versus a year ago. Its revenue came in at $1.81 billion, inline with estimates.

 

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