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Morning Market Losers

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Breitburn Energy Partners LP (NASDAQ: BBEP) shares dipped 23.08 percent to $1.54 after the company reported the suspension of distribution for common units.

Joy Global Inc. (NYSE: JOY) declined 12.90 percent to $13.37. BofA Merrill Lynch's Ross Gilardi downgraded the rating on Joy Global from Neutral to Underperform.

NQ Mobile Inc (ADR) (NYSE: NQ) shares fell 11.88 percent to $3.71. NQ Mobile reported Q3 adjusted earnings of $0.01 per ADS on sales of $87.9 million.

Harvard Apparatus Regenerative Tech Inc (NASDAQ: HART) shares slipped 8.62 percent to $2.97 after the company reported that it has regained compliance with the Nasdaq minimum price bid rule.

Rex Energy Corporation (NASDAQ: REXX) shares tumbled 8.04 percent to $1.26 after dropping 9.27 percent on Monday. Stifel Nicolaus downgraded Rex Energy from Hold to Sell.

Ericsson (ADR) (NASDAQ: ERIC) shares declined 1.55 percent to $9.54. Credit Suisse downgraded Ericsson from Neutral to Underperform.

AbbVie Inc (NYSE: ABBV) shares dropped 1.36 percent to $57.36. Barclays downgraded AbbVie from Overweight to Equal-weight and lowered the price target from $73.00 to $72.00.

 

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