Morning Market Losers

Payment Data Systems, Inc. PYDS shares slipped 27.85 percent to $3.55 as the company reported financial results for the quarter ended June 30, 2015. Its quarterly net income shrank to $24,850 in the latest quarter, from $486,801 in the year-ago period. Onconova Therapeutics Inc ONTX shares declined 12.76 percent to $2.12 after jumping 22.73 percent on Friday. Network-1 Technologies Inc NTIP slipped 7.95 percent to $2.20. Network-1 reported a Q1 net loss of $0.01 per share on revenue of $1,747,000. Aquinox Pharmaceuticals Inc AQXP shares dropped 4.99 percent to $21.02 after gaining 9.07 percent on Friday. The Fresh Market Inc TFM fell 2.09 percent to $28.99. BMO Capital downgraded Fresh Market from Outperform to Market Perform and lowered the price target from $44.00 to $28.00. Estee Lauder Companies Inc EL shares slipped 1.77 percent to $87.25. Estee Lauder reported better-than-expected earnings for its fiscal fourth quarter. However, the company issued a weak forecast.