VeriFone Systems, Inc. (NYSE:PAY) is down 9.94% this morning at $49.02. PAY has traded 4.4 million shares so far today, well above its daily average of 2.1 million shares. VeriFone shares are tanking today after the stock was downgraded by Deutsche Bank. The company has a market cap of 5.24 billion.
Tenneco Inc. (NYSE:TEN) is down 8.78% today at $32.94. TEN has traded 1.5 million shares so far today, well above its daily average 953 thousand shares. TEN shares are dipping today after the company missed EPS estimates by $0.07, but they did beat on revenue. The company has a market cap of 2.00 billion. [Read more...]