Morning Market Losers

Prima Biomed Ltd. PBMD shares slipped 6.94 percent to $2.01 after the company reported that it has regained compliance with the Nasdaq minimum bid rule. Lands' End, Inc. LE fell 6.88 percent to $26.73. Lands' End reported better-than-expected earnings for the first quarter, but the company's sales missed analysts' estimates. Navistar International Corp NAV shares slipped 6.49 percent to $25.34. Navistar reported a Q2 loss of $0.78 per share on revenue of 2.69 billion. Michaels Companies Inc MIK fell 6.02 percent to $26.55 after the company reported weaker-than-expected earnings for the first quarter. VWR Corp VWR shares declined 5.18 percent to $25.79 after the company priced a 16 million share offering at $26.25 per share. Opko Health Inc. OPK shares dipped 4.24 percent to $18.31 after the company announced its plans to buy Bio-Reference Laboratories Inc BRLI in a $1.5 billion deal. Verint Systems Inc. VRNT shares dropped 2.85 percent to $64.46. Verint Systems reported better-than-expected earnings for the first quarter, but the company's sales missed analysts' expectations.
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