Morning Market Losers

Transcept Pharmaceuticals Inc TSPT dipped 40.98% to $5.07 at 10:05 am. TSPT reported that it expects a second rejection letter from the US Food and Drug Administration. Bank of the Carolinas Corporation BCAR fell 12.96% to $1.44. BCAR'S trailing-twelve-month profit margin is -56.71%. Orbitz Worldwide Inc OWW shares dropped 9.76% to $2.96. OWW announced a new partnership with Virgin Australia. Investment Technology Group Inc ITG shares moved down 9.13% to $12.44. ITG announced its plans to cut jobs.