Research 06.06.2014

CNX
Consol Energy–Goldman Sachs raised its rating on Consol to «buy» from «neutral», while cutting its rating on Peabody Energy to «neutral» from «buy.» The firm said Consol is benefiting from increased production, while Peabody is being hurt by falling coal prices.
 
HTZ
Hertz (HTZ) says it has determined that at least one material weakness existed in its internal controls over financial reporting.The disclosure is included in a new SEC filing in which the company says financial statements dating back to fiscal year 2011 may need to be adjusted after a «thorough» review.SEC Form 8-KHTZ -8.4% premarket
 

Earnings

PAY
Verifone–Verifone reported fiscal second quarter profit of 37 cents per share, excluding certain items, five cents above estimates, with revenue above forecasts as well. The maker of credit card swipe machines did forecast current quarter earnings below current consensus, but many U.S. retailers are expected to continue to upgrade their credit card equipment.
 
DMND
Diamond Foods–The food producer earned 11 cents per share for its third quarter, excluding items, missing estimates by six cents. Weakness in its nut business contributed to the miss, although Diamond said it was pleased with its snack segment, which includes the Pop Secret popcorn brand.
 

IPO

RDUS RADIUS HEALTH, INC.
ANET ARISTA NETWORKS, INC.
WLRHU WL ROSS HOLDING CORP.
 

New day high in the last 30 minutes.

FNSR
GD
 

Penny stock

SEAC
 

Interest

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