Morning Market Losers

Canadian Solar Inc. CSIQ shares dropped 17.98 percent to $20.25. Canadian Solar reported better-than-expected Q2 results and issued a weak forecast. Tarena International Inc(ADR) TEDU shares dipped 16.83 percent to $10.13. Tarena reported Q3 earnings of $0.05 per share on revenue of $41.3 million. China Distance Education Hldgs Ltd (ADR) DL shares dropped 10.66 percent to $10.06. China Distance Education reported Q3 earnings of $0.146 per share on revenue of $28.8 million and lowered its FY15 revenue forecast. The company also announced a $10 million buyback plan. Flexsteel Industries, Inc. FLXS shares fell 10.04 percent to $37.42. Flexsteel Industries posted Q4 adjusted earnings of $0.75 per share, on revenue of $121.3 million. Web.com Group Inc WWWW shares slipped 9.80 percent to $21.44 after the company announced a cyber breach. The company said it will give notice to potentially affected customers soon. Esperion Therapeutics Inc ESPR shares slipped 1.74 percent to $63.06. Needham downgraded Esperion Therapeutics from Strong Buy to Buy. MediciNova, Inc. MNOV shares declined 1.42 percent to $3.47 after the company priced offering of 5,000,000 shares at $3.50 per share.