NYSE Stocks Slipping This Morning: PAY, TEN, HUM, GNC, HEK, MTOR, MTW

Traders at the NYSEVeriFone 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...]

NYSE Stocks Trading Against The Market: TPX, PCX, FSL, RCL, ANR, MTOR

Floor of the New York Stock ExchangeTempur Pedic International Inc. (NYSE:TPX) is down 22.08% today at $65.36. TPX has traded 9.7 million shares this morning, well above its daily average of 1.5 million shares. TPX shares are down after the company announced guidance that fell short of expectations. The company has a market cap of 4.21 billion.

Patriot Coal Corporation (NYSE:PCX) is down 6.39% this morning at $6.31. PCX has traded 6.7 million shares so far today and trades 7.4 million shares a day on average. Patriot Coal announced to it will cut coal production due to reduction in demand. The company has a market cap of 570.97 million. [Read more...]

Market Turns Negative On Housing Data, NYSE Stocks to Watch

The NYSE BullStocks have turned negative in late morning trading as housing data disappoints. The Nasdaq is trading positive right now, but was negative earlier today. Existing home sales fell about 1% in February after seeing a more than 5% gain in January. Inventories also rose last month, causing further worries about the ongoing housing recovery.

All eyes will be on jobless claims tomorrow as a string of negative economic data points could cause the market to being its long awaited pull back.

As of 11:38am the Dow is down 33 points, the Nasdaq is up 5 points and the S&P 500 is down 1 point. [Read more...]

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