Morning Market Losers

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SeaDrill SDRL shares dropped 14.46% to $17.72 on weak earnings and suspension of dividend. ReneSola SOL shares declined 11.56% to $1.88 after the company reported a Q3 loss of $0.06 per share on revenue of $372.50 million. Ctrip.com International CTRP shares slipped 10.81% to $52.14 after the company reported Q3 earnings of $0.22 per share on revenue of $347.0 million and issued a weak Q4 revenue forecast. Brean Capital lowered the price target on the stock from $74.00 to $64.00. 21Vianet Group VNET shares dipped 7.80% to $19.14 after the company reported Q3 earnings of $0.04 per ADS on revenue of $126.80 million. Canaccord Genuity downgraded 21Vianet from Buy to Hold. Lakeland Industries LAKE shares declined 5.11% to $12.91 after jumping 36.65% on Tuesday. Deere & Company DE shares slipped 3.01% to $85.15 after the company reported better-than-expected fiscal fourth-quarter results. However, the company expected a drop in equipment sales. TiVo TIVO fell 2.91% to $12.53 after the company reported downbeat third-quarter earnings.
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