FactSet Research Systems Inc. (NYSE:FDS) is down 11.60% today at $92.40. FDS has traded 2.6 million shares so far today, well above its daily average of 400 thousand shares. FDS shares are down today after its fourth guidance fell below estimates. The company has a market cap of 4.17 billion.
St. Jude Medical Inc. (NYSE:STJ) is down 6.85% today at $35.88. STJ has traded 12.8 million shares so far today, 4 times its average volume. STJ shares are down today aftera report of a failure of the company’s Durata brand lead wire connecting an implanted defibrillator to the heart in one patient. The company has a market cap of 11.22 billion.
Navistar International Corporation (NYSE:NAV) is down 6.61% today at $26.84. NAV has traded 10.8 million shares so far today, 5 times its average volume. NAV shares are falling today after a court ruling went against the company. The company has a market cap of 1.83 billion.
VeriFone Systems, Inc. (NYSE:PAY) is down 6.48% today at $31.74. PAY has traded 7.4 million shares so far today, double its average volume. PAY shares are down today after losing patent case. The company has a market cap of 3.40 billion.
Harman International Industries Inc. (NYSE:HAR) is down 2.79% today at $36.94. HAR has traded 5.4 million shares so far today, well above its daily average of 812 thousand shares. HAR shares are down today as Apple threatens its business by seeking deals with automakers to implement its Siri voice technology into cars. The company has a market cap of 2.54 billion.
Pandora Media, Inc. (NYSE:P) is down 5.51% this afternoon at $10.50. P has traded 3.7 million shares so far today, above its daily average of 3.1 million shares. P shares are down today after an analyst says Pandora investors should be concerned by Songza success. The company has a market cap of 1.77 billion.
About Martin Stephenson
