Morning Market Losers

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CLARCOR Inc. CLC shares dipped 14.04 percent to $47.83 after the company reported weaker-than-expected FQ3 results and lowered its FY15 forecast. ARC Group WorldWide Inc ARCW shares dropped 12.04 percent to $2.85. ARC Group Worldwide reported a FQ4 loss of $0.04 per share on revenue of $28.8 million. S&W Seed Company SANW declined 10.25 percent to $4.73. S&W reported Q4 earnings of $0.05 per share on revenue of $28.7 million. Apogee Enterprises Inc APOG shares fell 9.38 percent to $52.43 after the company reported downbeat Q2 results. Wolverine World Wide, Inc. WWW shares declined 8.22 percent to $25.00. Wolverine Worldwide expected Q3 adjusted earnings of $0.47 to $0.49 per share, and sales to drop 5 percent to 4 percent. Peabody Energy Corporation BTU shares dropped 7.59 percent to $1.46 after the company reported a 1-for-15 reverse stock split following shareholder approval. Rite Aid Corporation RAD shares tumbled 7.22 percent to $7.97 after the company reported downbeat earnings for the second quarter and issued a weak forecast. Oracle Corporation ORCL shares dropped 2.19 percent to $37.43. Oracle Corporation reported better-than-expected earnings for its fiscal first quarter, but the company's sales missed analysts' expectations.
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