Morning Market Losers

Ascena Retail Group Inc ASNA shares dipped 13.53 percent to $14.15 after the company lowered its earnings forecast for the full year. MPLX LP MPLX shares dropped 11.63 percent to $61.02. MPLX LP announced its plans to buy Markwest Energy Partners LP MWE for around $15.63 billion. Kingtone Wirelessinfo Solutions Hldg Ltd KONE declined 7.76 percent to $5.35. On Friday, Kingtone Wirelessinfo posted net income of $2.6 million, or $1.87 per share, for the six months ended March 31, 2015, versus a year-ago net loss of $0.7 million, or $0.49 per share. Windstream Holdings, Inc. WIN shares slipped 4.93 percent to $5.40. UBS downgraded Windstream Holdings from Neutral to Sell. Seagate Technology PLC STX dropped 2.33 percent to $44.88 after the company lowered its Q4 sales forecast. ARM Holdings plc (ADR) ARMH shares declined 1.03 percent to $46.93. JP Morgan downgraded ARM Holdings from Neutral to Underweight and lowered the price target from $42.75 to $41.50.