Morning Market Losers

Perfumania Holdings Inc (NASDAQ:

) dropped 22.54% to $15.26 at 10:10 am. Perfumania announced its plans to acquire Parlux Fragrances Inc (NASDAQ:

) for $170 million. Sears Holdings Inc (NASDAQ:

) fell 19.45% to $36.93. Sears announced its plans to close 100 to 120 Sears and Kmart stores. Optical Cable Corporation (NASDAQ: OCC) shares dropped 11.61% to $2.74. OCC's trailing-twelve-month ROE is 6.07%. Green Bankshares Inc (NASDAQ:

) shares moved down 8.33% to $1.32. GRNB's trailing-twelve-month profit margin is -237.07%.