Morning Market Losers

Alcatel Lucent SA (ADR) ALU shares dipped 16.18 percent to $4.13 following the announcement of acquisition by Nokia Corporation (ADR) NOK in all-stock deal. Bernstein downgraded Alcatel-Lucent from Outperform to Market Perform. China Auto Logistic Inc CALI fell 13.70 percent to $1.26 after the company reported 2014 results. The loss attributable to shareholders was $26,863,297 in 2014. QKL Stores Inc QKLS slipped 10.39 percent to $2.82. QKL Stores posted a Q4 net loss of $14.7 million on revenue of $75.8 million. 58.com Inc (ADR) WUBA shares declined 8.07 percent to $62.39. 58.com and Ganji.com, signed and MoU on March 14, according to sources as reported by FT. Monroe Capital Corp MRCC shares fell 4.06 percent to $14.63 after the company announced a public offering of common shares. Precision Castparts Corp. PCP shares dropped 3.97 percent to $207.39. Precision Castparts projected Q4 earnings of $2.90 to $2.95 per share, versus analysts' estimates of $3.21 per share. Charles Schwab Corp SCHW shares fell 1.58 percent to $29.97 reported weaker-than-expected earnings for the first quarter.