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Morning Market Losers

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NVE Corp (NASDAQ: NVEC) shares fell 14.23 percent to $67.29. NVE reported FQ1 profit of $3.8 million on revenue of $8.3 million.

Del Frisco's Restaurant Group Inc (NASDAQ: DFRG) declined 12.24 percent to $15.10. Del Frisco's Restaurant reported Q2 adjusted earnings of $0.16 per share on revenue of $73.8 million.

LaSalle Hotel Properties (NYSE: LHO) dropped 8.28 percent to $34.65 on Q2 results.

Select Comfort Corp. (NASDAQ: SCSS) shares fell 8.29 percent to $26.22. Select Comfort reported Q2 earnings of $0.21 per share on revenue of $275 million.

Marcus Corp (NYSE: MCS) dipped 7.61 percent to $18.45 after the company reported weaker-than-expected Q4 earnings.

Superior Uniform Group Inc (NASDAQ: SGC) declined 6.98 percent to $17.46 after the company reported Q2 results.

Shire PLC (ADR) (NASDAQ: SHPG) shares dropped 3.42 percent to $250.59 after the company reported downbeat Q2 earnings.

QUALCOMM, Inc. (NASDAQ: QCOM) shares fell 2.98 percent to $62.28. QUALCOMM reported better-than-expected earnings for its fiscal third quarter. However, the company lowered its FY15 forecast. The company announced its plans to lower spending by around $1.4 billion and reduce its workforce by 15 percent. The company also reported that will review structural alternatives, including break-up of the company.

Seagate Technology PLC (NASDAQ: STX) shares declined 2.63 percent to $47.77. Analysts at Morgan Stanley downgraded Seagate from Overweight to Underweight and lowered the target price from $49 to $34.

3M Co (NYSE: MMM) dropped 2.77 percent to $151.10. 3M reported better-than-expected earnings for the second quarter, but the company's revenue missed analysts' estimates.

 

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